RZLV Options History — August 2025

In August 2025, RZLV traded between $2.87 and $3.70. ATM implied volatility averaged 118.4%. The 30-day expected move averaged 34.5%. IV traded above realized volatility by 38.9% (HV 20d: 79.5%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.13.

Notable Days

  • 2025-08-20: Highest Volume — 29,967 contracts
  • 2025-08-20: Largest IV spike — 56.1% change
  • 2025-08-25: Largest Expected Move — 38.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.12$2.87$3.70$2.87$3.70
Max Pain$2.52$2.50$3.00$2.50$3.00
ATM IV118.4%80.1%137.3%114.2%127.1%
Expected Move34.5%23.0%38.2%32.8%36.4%
HV 20d79.5%67.4%88.8%88.5%79.6%
HV 60d101.1%97.7%107.0%106.1%102.9%
Term Structure1.4%-24.9%76.4%12.1%5.1%
VWIV138.0%105.8%165.0%114.4%125.0%
Skew 25d-12.5%-19.3%-5.6%-7.4%-5.6%
Skew 10d-39.4%-69.7%-14.5%-35.8%-25.7%
Call IV 25d136.5%130.6%143.2%131.0%133.1%
Put IV 25d123.9%113.8%133.8%123.6%127.5%
Bid-Ask Spread %27.8714.6059.9928.4745.43
Gamma HHI0.430.400.490.420.42
Net GEX74.1K31.9K153.9K31.9K153.9K
Net DEX-7.8M-13.9M-5.0M-5.0M-13.9M
Net VEX-37.7K-58.3K-15.1K-15.1K-58.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.020.430.210.02
Total Volume7,867.191,89129,9672,41715,500
Total OI77,812.71453,024105,89653,024105,896

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$2.87$2.50114.2%32.8%88.5%0.0%114.4%0.0%12.1%31.9K-5.0M-15.1K0.2128.47N/AN/A1,99442345,5547,470
2025-08-04$3.10$2.50112.1%37.8%88.8%0.0%146.0%0.0%-14.0%52.1K-5.6M-22.8K0.0317.53N/AN/A4,83515846,3787,528
2025-08-05$3.08$2.50137.3%34.4%88.3%0.0%141.9%0.0%-24.9%40.9K-5.8M-21.9K0.0217.44N/AN/A7,78318948,8417,519
2025-08-06$3.00$2.50111.4%33.9%87.5%0.0%129.2%0.0%-0.9%44.8K-5.9M-25.9K0.1216.86N/AN/A3,28739552,6487,642
2025-08-07$2.96$2.50102.2%33.9%86.4%0.0%140.8%0.0%-10.5%56.5K-5.8M-27.9K0.0614.60N/AN/A3,65223654,0447,834
2025-08-08$3.00$2.50137.3%33.9%85.0%0.0%128.0%0.0%-12.9%48.2K-6.3M-26.5K0.1916.04N/AN/A1,58630555,5907,978
2025-08-11$3.04$2.50100.1%33.7%84.2%0.0%157.5%0.0%4.7%47.5K-6.9M-28.7K0.4314.79N/AN/A6,8982,98956,2188,148
2025-08-12$3.13$2.50107.0%34.7%83.4%0.0%155.2%0.0%1.4%49.9K-7.9M-34.0K0.0914.64N/AN/A4,56839059,89510,367
2025-08-13$3.13$2.50116.6%33.4%80.5%0.0%149.6%0.0%-1.1%60.7K-7.6M-35.1K0.1220.68N/AN/A8,01493761,72210,668
2025-08-14$3.06$2.50121.4%34.8%76.1%0.0%136.4%0.0%-9.0%55.0K-7.7M-36.2K0.2317.60N/AN/A3,64785765,89111,460
2025-08-15$3.02$2.50119.3%34.2%76.3%0.0%132.6%0.0%5.5%55.5K-7.8M-37.0K0.0723.59N/AN/A4,36831067,33111,622
2025-08-18$3.38$2.50117.8%33.8%83.2%0.0%135.1%0.0%-1.5%68.2K-8.3M-38.9K0.0618.78N/AN/A14,53088556,3229,243
2025-08-19$3.10$2.5080.1%23.0%83.3%0.0%105.8%0.0%76.4%82.3K-8.8M-46.5K0.0620.70N/AN/A7,50347365,7439,887
2025-08-20$3.02$2.50125.1%35.9%75.5%0.0%165.0%0.0%5.4%65.0K-7.9M-41.8K0.1421.26N/AN/A26,3273,64067,17610,265
2025-08-21$3.00$2.50119.6%34.3%69.7%0.0%160.7%0.0%-7.5%65.7K-7.6M-44.5K0.1021.22N/AN/A3,48733479,19913,473
2025-08-22$3.08$2.50124.0%35.6%69.2%0.0%127.5%-7.4%8.8%100.4K-7.9M-49.5K0.2456.50N/AN/A7,3951,79780,38113,709
2025-08-25$3.15$2.50133.1%38.2%69.5%0.0%134.3%-17.7%-14.5%109.9K-8.8M-50.5K0.0953.56N/AN/A4,25738784,62615,410
2025-08-26$3.06$2.50121.9%34.9%67.4%0.0%137.6%-16.8%7.4%98.8K-8.9M-52.1K0.1755.75N/AN/A1,79831486,51415,791
2025-08-27$3.12$2.50131.1%37.6%67.6%0.0%143.0%-19.3%4.2%120.5K-8.1M-48.7K0.1159.99N/AN/A2,31124387,58016,105
2025-08-28$3.56$2.50127.5%36.5%79.6%0.0%132.8%-8.4%-5.3%147.3K-12.3M-50.3K0.1429.88N/AN/A14,2581,95188,15716,242
2025-08-29$3.70$3.00127.1%36.4%79.6%0.0%125.0%-5.6%5.1%153.9K-13.9M-58.3K0.0245.43N/AN/A15,12437689,20416,692