RNG Options History — October 2018

In October 2018, RNG traded between $69.82 and $90.11. ATM implied volatility averaged 60.1%, placing in the 69.7% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 13.0% (HV 20d: 47.1%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 2.11.

Notable Days

  • 2018-10-19: Highest Volume — 5,094 contracts
  • 2018-10-08: Largest IV spike — 27.5% change
  • 2018-10-25: Highest IV Rank — 100.0%
  • 2018-10-30: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.41$69.82$90.11$90.11$78.04
Max Pain$81.96$80.00$85.00$85.00$80.00
ATM IV60.1%36.6%77.7%36.6%75.3%
Expected Move17.5%10.5%22.3%10.5%21.6%
HV 20d47.1%35.6%63.3%35.6%63.3%
HV 60d40.8%36.8%43.7%36.8%43.2%
IV Rank69.7%14.3%100.0%14.3%94.9%
IV Percentile88.9%44.4%100.0%44.4%98.8%
Term Structure-10.7%-20.7%8.2%7.3%-20.7%
VWIV63.0%36.9%81.9%36.9%81.9%
Skew 25d7.0%3.9%11.1%3.9%10.3%
Skew 10d14.5%8.5%20.3%11.5%20.3%
Call IV 25d59.0%36.4%75.2%36.4%72.7%
Put IV 25d66.0%40.3%85.1%40.3%83.0%
Bid-Ask Spread %26.9216.7352.3830.3628.19
Gamma HHI0.230.170.320.230.27
Net GEX-76.4K-777.0K509.9K195.3K509.9K
Net DEX1.6M-14.6M20.6M-14.6M-10.5M
Net VEX-122.7K-146.7K-93.3K-93.3K-146.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.110.355.092.242.40
Total Volume2,685.6961,5735,0941,5732,311
Total OI14,138.47810,27218,38010,27214,699

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$90.11$85.0036.6%10.5%35.6%14.3%36.9%3.9%7.3%195.3K-14.6M-93.3K2.2430.36N/AN/A4851,0884,8455,427
2018-10-02$87.20$85.0040.1%11.5%36.3%23.0%44.5%4.3%6.9%107.6K-8.0M-101.9K4.0430.28N/AN/A4641,8754,9305,802
2018-10-03$88.33$85.0037.2%10.7%35.9%15.9%42.7%4.2%8.2%122.3K-9.7M-105.6K4.4723.96N/AN/A4301,9215,0296,068
2018-10-04$84.53$85.0039.6%13.6%38.5%21.8%49.0%5.6%-5.9%28.4K-1.7M-102.9K3.0116.73N/AN/A4751,4285,0786,192
2018-10-05$84.20$85.0042.5%14.3%38.3%28.9%51.5%5.4%-6.6%46.1K-1.8M-103.8K5.0920.61N/AN/A4292,1855,1256,291
2018-10-08$80.73$85.0054.1%16.0%38.8%57.7%55.1%5.6%-9.2%-440.9K8.8M-105.9K0.7223.11N/AN/A1,2348885,1967,689
2018-10-09$81.94$85.0053.3%16.6%39.6%55.7%57.7%5.8%-10.7%-391.0K6.0M-109.6K1.6824.54N/AN/A6411,0805,6757,948
2018-10-10$76.87$85.0062.2%17.8%43.8%77.6%64.0%5.8%-11.1%-489.1K16.4M-102.6K1.7823.01N/AN/A1,4212,5335,7017,997
2018-10-11$75.15$85.0066.5%19.1%43.8%88.2%63.1%6.2%-15.4%-700.1K20.6M-111.5K0.4842.00N/AN/A2,9281,4176,0749,085
2018-10-12$80.19$80.0061.5%17.6%51.1%75.8%64.6%7.6%-13.0%-355.2K3.6M-135.3K2.4832.34N/AN/A7641,8988,0019,163
2018-10-15$80.56$80.0062.5%17.9%48.8%78.5%67.3%7.3%-14.5%-254.5K1.8M-128.7K1.5922.44N/AN/A7551,2018,0279,023
2018-10-16$82.31$80.0061.1%17.5%48.4%74.8%63.3%7.2%-13.0%38.1K-5.7M-136.2K1.1528.49N/AN/A1,0891,2488,2829,030
2018-10-17$81.24$80.0061.5%17.6%47.5%76.0%66.0%8.2%-14.8%-89.5K-2.3M-131.7K1.3024.44N/AN/A1,0851,4118,4748,966
2018-10-18$78.79$80.0061.7%17.7%47.9%76.5%63.7%8.0%-13.3%-777.0K6.6M-124.3K1.0921.59N/AN/A1,2561,3748,7618,989
2018-10-19$75.64$80.0067.2%19.3%49.1%89.9%68.0%7.6%-16.7%204.7K9.9M-124.6K3.3218.26N/AN/A1,1803,9149,4668,914
2018-10-22$78.52$80.0065.3%18.7%51.0%85.2%68.6%7.3%-13.3%43.1K-1.4M-144.6K2.3116.96N/AN/A9712,2456,5886,128
2018-10-23$77.68$80.0064.6%18.5%49.4%83.5%69.2%6.7%-12.6%11.1K-243.3K-143.5K1.7517.07N/AN/A9371,6386,6546,253
2018-10-24$72.98$80.0066.6%19.1%52.6%88.6%67.3%8.3%-13.3%-90.3K6.4M-128.1K0.9638.66N/AN/A8468126,6305,923
2018-10-25$74.99$80.0071.5%20.5%54.2%100.0%69.8%6.9%-16.2%-32.8K2.9M-133.7K0.3519.09N/AN/A2,8821,0116,6826,140
2018-10-26$72.37$80.0077.6%22.3%54.8%100.0%78.3%7.9%-16.1%171.9K2.3M-141.0K1.8739.42N/AN/A8071,5138,5146,177
2018-10-29$69.82$80.0076.1%21.8%54.9%96.8%77.2%11.1%-11.4%105.2K6.9M-127.2K1.6152.38N/AN/A9841,5808,8095,976
2018-10-30$74.15$80.0077.7%22.3%60.0%100.0%79.2%10.0%-20.3%278.6K-169.1K-140.0K2.8625.12N/AN/A8122,3258,8305,934
2018-10-31$78.04$80.0075.3%21.6%63.3%94.9%81.9%10.3%-20.7%509.9K-10.5M-146.7K2.4028.19N/AN/A6791,6328,8185,881