RZLV Options History — May 2025

In May 2025, RZLV traded between $1.98 and $2.41. ATM implied volatility averaged 151.5%. The 30-day expected move averaged 42.0%. IV traded above realized volatility by 16.5% (HV 20d: 134.9%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2025-05-14: Highest Volume — 2,005 contracts
  • 2025-05-21: Largest IV spike — 51.1% change
  • 2025-05-21: Largest Expected Move — 60.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.17$1.98$2.41$2.21$2.00
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV151.5%125.2%209.5%170.6%126.9%
Expected Move42.0%35.9%60.0%48.9%36.4%
HV 20d134.9%92.3%159.6%159.6%94.2%
HV 60d145.7%138.9%153.6%153.6%138.9%
Term Structure-0.9%-25.3%15.5%-14.5%7.8%
VWIV142.7%125.0%188.6%169.4%126.8%
Bid-Ask Spread %42.7611.5476.0467.9676.04
Gamma HHI0.740.650.850.760.73
Net GEX8.1K2.8K14.6K9.0K5.7K
Net DEX-377.1K-580.1K-64.8K-561.0K-235.6K
Net VEX-3.0K-3.8K-1.4K-2.9K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.012.080.030.14
Total Volume965.9522222,0051,301294
Total OI11,4309,43113,3439,43112,769

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$2.21$2.50170.6%48.9%159.6%0.0%169.4%0.0%-14.5%9.0K-561.0K-2.9K0.0367.96N/AN/A1,260418,3921,039
2025-05-02$2.24$2.50150.2%43.1%159.4%0.0%146.6%0.0%9.7%10.6K-570.7K-3.0K0.0557.76N/AN/A969458,9721,037
2025-05-05$2.08$2.50152.3%45.8%152.5%0.0%133.9%0.0%6.7%2.8K-64.8K-1.4K0.0423.28N/AN/A667279,2061,057
2025-05-06$1.98$2.50179.8%43.3%154.2%0.0%151.3%0.0%9.3%4.9K-207.1K-2.1K0.9719.95N/AN/A3533419,3841,061
2025-05-07$2.04$2.50125.8%44.1%145.2%0.0%160.2%0.0%15.5%5.1K-291.3K-2.4K2.0825.65N/AN/A1463039,484958
2025-05-08$2.30$2.50126.8%40.2%148.1%0.0%132.0%0.0%10.3%14.6K-534.5K-3.0K0.5929.84N/AN/A6203679,5271,219
2025-05-09$2.02$2.50148.3%46.2%155.1%0.0%161.2%0.0%13.7%5.1K-256.7K-2.6K0.2318.97N/AN/A1,3803169,9111,388
2025-05-12$2.15$2.50209.5%41.6%155.1%0.0%138.6%0.0%-8.1%6.0K-222.5K-2.6K0.4118.34N/AN/A1,11445310,5381,517
2025-05-13$2.23$2.50207.6%39.2%154.6%0.0%133.1%0.0%8.8%6.5K-200.1K-2.9K0.1549.24N/AN/A93914210,8011,928
2025-05-14$2.35$2.50140.1%40.2%142.0%0.0%134.5%0.0%-9.6%6.8K-304.9K-3.2K0.0356.02N/AN/A1,9515410,5281,930
2025-05-15$2.31$2.50141.4%40.5%141.0%0.0%139.1%0.0%11.8%7.9K-347.5K-3.4K0.2554.44N/AN/A3438511,2171,955
2025-05-16$2.41$2.50130.8%37.5%141.1%0.0%129.3%0.0%3.4%8.7K-423.2K-3.6K0.4649.32N/AN/A90341111,3441,999
2025-05-19$2.38$2.50125.2%35.9%139.8%0.0%125.0%0.0%-4.4%9.3K-580.1K-3.7K0.1911.54N/AN/A1,0041878,3631,358
2025-05-20$2.19$2.50138.6%39.7%144.6%0.0%136.0%0.0%-14.6%8.6K-432.8K-3.4K0.1250.51N/AN/A545648,7441,416
2025-05-21$2.10$2.50209.4%60.0%146.3%0.0%188.6%0.0%-25.3%4.2K-198.2K-2.3K0.1171.05N/AN/A591678,9591,475
2025-05-22$2.21$2.50133.5%38.3%108.6%0.0%134.0%0.0%-0.1%9.2K-461.2K-3.6K0.0356.38N/AN/A1,120389,2451,524
2025-05-23$2.13$2.50137.9%39.5%107.0%0.0%135.8%0.0%-17.7%9.4K-462.4K-3.6K0.0159.51N/AN/A1,485169,8291,560
2025-05-27$2.13$2.50140.3%40.2%97.0%0.0%137.2%0.0%-2.7%12.4K-524.0K-3.7K0.0217.72N/AN/A1,0162311,1351,567
2025-05-28$2.08$2.50143.2%41.1%95.9%0.0%142.5%0.0%-8.2%11.9K-490.2K-3.6K0.3160.63N/AN/A1695311,2211,586
2025-05-29$2.12$2.50142.6%40.9%92.3%0.0%141.4%0.0%-11.8%12.5K-549.3K-3.8K0.2223.71N/AN/A3137011,2481,639
2025-05-30$2.00$2.50126.9%36.4%94.2%0.0%126.8%0.0%7.8%5.7K-235.6K-2.9K0.1476.04N/AN/A2583611,0991,670