RZLV Options History — March 2026

In March 2026, RZLV traded between $2.38 and $2.87. ATM implied volatility averaged 138.4%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 41.2%. IV traded above realized volatility by 62.2% (HV 20d: 76.2%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.23.

Notable Days

  • 2026-03-30: Highest Volume — 37,757 contracts
  • 2026-03-30: Largest IV drop — 14.2% change
  • 2026-03-25: Highest IV Rank — 29.2%
  • 2026-03-12: Largest Expected Move — 53.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.64$2.38$2.87$2.49$2.54
Max Pain$2.41$2.00$2.50$2.50$2.50
ATM IV138.4%122.5%149.4%136.0%122.5%
Expected Move41.2%34.7%53.1%42.5%35.1%
HV 20d76.2%61.0%108.1%101.0%72.2%
HV 60d124.5%111.9%135.2%134.9%111.9%
IV Rank24.6%17.9%29.2%23.5%17.9%
IV Percentile52.4%21.0%76.2%45.1%21.0%
Term Structure0.3%-52.3%36.7%-7.2%-4.1%
VWIV144.1%125.6%162.8%157.1%126.1%
Skew 25d-6.5%-24.3%7.8%-0.7%-15.9%
Skew 10d19.7%-40.4%82.6%76.9%7.6%
Call IV 25d144.5%129.9%154.9%149.2%129.9%
Put IV 25d138.0%114.1%157.4%148.5%114.1%
Bid-Ask Spread %40.6617.9079.1252.8319.64
Gamma HHI0.180.140.250.150.19
Net GEX202.0K102.4K275.5K161.2K222.7K
Net DEX-19.0M-24.5M-13.4M-16.7M-15.6M
Net VEX-131.6K-143.6K-116.6K-124.8K-127.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.051.170.100.12
Total Volume10,686.2275,47037,7578,85917,731
Total OI269,738.682238,043289,476254,190272,507

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$2.49$2.50136.0%42.5%101.0%23.5%157.1%-0.7%-7.2%161.2K-16.7M-124.8K0.1052.83N/AN/A8,024835209,20744,983
2026-03-03$2.46$2.50137.6%43.9%100.3%24.2%148.9%-10.8%36.7%180.8K-17.5M-123.6K0.2558.46N/AN/A5,8871,485214,37045,394
2026-03-04$2.75$2.50143.6%42.8%108.1%26.8%160.5%-14.6%-52.3%233.1K-21.8M-141.0K0.1321.75N/AN/A11,0841,407217,42646,471
2026-03-05$2.74$2.00138.1%38.1%98.2%24.4%141.9%5.1%18.2%200.2K-22.6M-135.6K0.1575.53N/AN/A5,870901224,01247,335
2026-03-06$2.75$2.00144.4%41.1%96.3%27.1%144.6%3.3%-38.7%223.2K-23.6M-143.6K0.0576.39N/AN/A7,143378227,04347,714
2026-03-09$2.71$2.00149.3%41.2%70.6%29.2%140.8%-5.9%-9.2%204.6K-20.3M-135.1K0.3179.12N/AN/A5,0831,588220,68545,098
2026-03-10$2.87$2.00143.3%40.1%73.3%26.6%144.3%3.1%-7.7%267.2K-24.4M-143.5K0.2670.21N/AN/A9,9242,582223,46346,292
2026-03-11$2.84$2.50134.8%40.7%70.3%23.0%144.1%-7.7%0.5%275.5K-24.5M-141.9K0.1361.15N/AN/A5,780777229,45348,390
2026-03-12$2.73$2.50144.9%53.1%66.4%27.3%141.3%7.8%-9.1%226.3K-21.6M-142.8K1.1747.61N/AN/A4,0234,705230,45048,744
2026-03-13$2.69$2.50140.5%52.1%63.0%25.4%143.0%-1.9%9.9%219.9K-20.5M-141.5K0.1745.68N/AN/A5,640938231,51252,848
2026-03-16$2.77$2.50139.0%38.9%63.3%24.8%138.5%-8.1%29.0%251.0K-21.0M-139.2K0.2333.50N/AN/A5,6421,291226,02752,436
2026-03-17$2.80$2.50136.2%41.2%61.0%23.6%130.0%-8.9%13.5%269.6K-21.3M-139.2K0.2533.48N/AN/A4,4001,107229,10553,279
2026-03-18$2.67$2.50124.5%34.9%64.6%18.7%125.6%-4.7%34.7%236.8K-19.6M-128.8K0.2340.85N/AN/A4,4411,029230,16553,739
2026-03-19$2.58$2.50133.2%39.1%65.9%22.4%138.4%-23.8%-4.0%175.8K-15.7M-127.1K0.2131.40N/AN/A6,6231,370231,54454,454
2026-03-20$2.51$2.50131.0%38.9%66.5%21.4%130.2%-4.4%19.1%102.4K-14.4M-122.3K0.1621.29N/AN/A9,4181,498234,59654,880
2026-03-23$2.74$2.50140.4%39.7%72.4%25.4%151.5%-2.3%3.6%148.9K-18.7M-130.0K0.0724.69N/AN/A17,7621,259197,69140,352
2026-03-24$2.62$2.50140.0%41.6%70.3%25.2%155.8%-13.5%-2.5%164.3K-18.5M-129.8K0.1920.87N/AN/A6,2531,181210,61341,395
2026-03-25$2.49$2.50149.4%42.1%73.0%29.2%154.8%6.9%-3.0%173.0K-16.3M-125.2K0.2917.90N/AN/A8,3732,440214,36342,869
2026-03-26$2.40$2.50144.3%41.7%74.3%27.0%162.8%-14.7%-6.8%160.4K-13.7M-116.6K0.2719.09N/AN/A5,9791,634219,00444,390
2026-03-27$2.38$2.50146.1%42.3%74.0%27.8%162.5%-6.3%-9.4%153.4K-13.4M-116.7K0.1522.84N/AN/A12,0851,770222,68645,563
2026-03-30$2.50$2.50125.3%34.7%72.2%19.0%126.5%-24.3%-5.3%193.0K-15.5M-120.3K0.1420.21N/AN/A33,1454,612219,80541,898
2026-03-31$2.54$2.50122.5%35.1%72.2%17.9%126.1%-15.9%-4.1%222.7K-15.6M-127.4K0.1219.64N/AN/A15,8921,839229,22943,278