RNG Options History — December 2018

In December 2018, RNG traded between $70.86 and $86.92. ATM implied volatility averaged 55.4%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded below realized volatility by 9.7% (HV 20d: 65.1%). Max pain ranged from $75.00 to $85.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2018-12-21: Highest Volume — 1,608 contracts
  • 2018-12-24: Largest IV spike — 12.1% change
  • 2018-12-24: Highest IV Rank — 66.6%
  • 2018-12-24: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.14$70.86$86.92$84.28$82.31
Max Pain$82.25$75.00$85.00$75.00$80.00
ATM IV55.4%44.4%70.3%44.4%54.9%
Expected Move15.6%12.7%20.2%12.7%15.7%
HV 20d65.1%54.8%79.3%78.2%63.2%
HV 60d63.9%61.4%67.8%61.4%67.4%
IV Rank41.5%22.9%66.6%22.9%40.5%
IV Percentile84.0%64.7%95.6%64.7%84.1%
Term Structure-1.8%-6.9%2.3%-0.6%2.3%
VWIV53.9%45.2%74.8%45.2%54.1%
Skew 25d7.3%5.4%9.7%5.4%7.6%
Skew 10d14.8%6.7%22.2%11.0%16.4%
Call IV 25d51.3%42.9%67.5%42.9%51.1%
Put IV 25d58.6%48.2%75.0%48.2%58.7%
Bid-Ask Spread %64.2654.7781.0568.6966.46
Gamma HHI0.240.200.280.280.22
Net GEX357.9K20.1K679.8K506.4K558.2K
Net DEX-8.0M-19.1M4.8M-15.2M-11.3M
Net VEX-127.1K-145.9K-104.5K-135.5K-128.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.103.030.113.03
Total Volume805.851801,6081,105262
Total OI11,317.159,31812,49510,80911,205

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$84.28$75.0044.4%12.7%78.2%22.9%45.2%5.4%-0.6%506.4K-15.2M-135.5K0.1168.69N/AN/A9941116,1594,650
2018-12-04$80.41$75.0048.3%13.8%79.3%29.5%47.2%7.3%-1.5%360.8K-8.7M-128.2K0.5577.82N/AN/A3601996,4314,586
2018-12-05$80.35$75.0048.9%14.0%79.2%30.5%47.8%5.9%-1.8%363.4K-8.6M-127.8K0.5681.05N/AN/A3571996,4314,586
2018-12-06$82.48$85.0053.6%14.0%69.1%38.4%48.7%7.2%-2.7%436.4K-11.7M-132.4K0.3758.64N/AN/A131496,4484,613
2018-12-07$79.85$85.0051.5%13.8%69.6%34.8%47.9%5.6%-1.2%320.0K-8.0M-126.8K0.3466.50N/AN/A4191426,4494,642
2018-12-10$83.21$85.0054.4%13.8%70.9%39.7%47.3%6.7%-1.7%467.3K-12.1M-131.7K0.2157.96N/AN/A239506,4354,911
2018-12-11$85.31$85.0053.9%14.2%61.1%39.0%48.7%7.0%-0.5%582.8K-16.2M-135.9K0.5259.17N/AN/A6973656,5314,927
2018-12-12$86.92$85.0048.6%13.9%60.9%30.0%47.1%6.2%0.9%679.8K-19.1M-145.9K0.9954.77N/AN/A3683656,8295,212
2018-12-13$85.09$85.0049.7%14.3%61.7%31.9%47.9%6.9%0.1%620.7K-16.3M-143.8K1.2955.41N/AN/A3043936,9475,227
2018-12-14$81.88$85.0051.8%14.9%63.4%35.4%50.9%6.6%0.2%427.0K-10.5M-136.8K1.2261.34N/AN/A3404166,9525,256
2018-12-17$77.22$85.0055.6%15.9%67.0%41.7%53.9%6.6%-2.6%146.5K-3.0M-126.4K0.8162.56N/AN/A1301056,9355,264
2018-12-18$80.32$85.0053.7%15.4%54.9%38.6%51.4%7.4%-3.1%431.9K-7.6M-130.7K0.1062.02N/AN/A897877,2165,279
2018-12-19$80.27$85.0053.4%15.3%54.8%38.1%49.9%7.9%-1.6%458.2K-7.0M-125.4K0.2270.04N/AN/A4961077,0445,271
2018-12-20$75.19$85.0058.9%16.9%59.0%47.4%57.7%8.4%-2.1%35.1K469.7K-116.0K0.2360.16N/AN/A1,2602927,0925,263
2018-12-21$71.74$85.0062.7%18.0%61.5%53.8%63.3%9.3%-3.6%20.1K4.8M-104.9K0.4663.88N/AN/A1,0995096,9755,396
2018-12-24$70.86$80.0070.3%20.2%57.1%66.6%74.8%7.5%-4.7%29.9K3.6M-104.5K0.6162.08N/AN/A9205605,1364,182
2018-12-26$77.47$80.0066.8%19.1%65.6%60.6%66.3%9.7%-5.6%135.0K-1.7M-115.0K0.2263.65N/AN/A7311585,1504,212
2018-12-27$78.28$80.0067.7%19.4%62.7%62.1%69.3%9.0%-6.9%252.4K-4.3M-121.1K0.3466.95N/AN/A4931665,9344,152
2018-12-28$79.44$80.0059.6%17.1%62.7%48.5%57.8%7.8%0.6%326.3K-7.0M-124.8K0.1566.09N/AN/A1,1751726,2544,161
2018-12-31$82.31$80.0054.9%15.7%63.2%40.5%54.1%7.6%2.3%558.2K-11.3M-128.6K3.0366.46N/AN/A651977,0524,153