RNG Options History — January 2019

In January 2019, RNG traded between $78.43 and $92.11. ATM implied volatility averaged 52.6%, placing in the 36.7% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 2.4% (HV 20d: 55.0%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.14.

Notable Days

  • 2019-01-18: Highest Volume — 7,670 contracts
  • 2019-01-22: Largest IV spike — 8.6% change
  • 2019-01-03: Highest IV Rank — 47.0%
  • 2019-01-03: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$87.26$78.43$92.11$80.69$92.11
Max Pain$81.43$80.00$85.00$80.00$85.00
ATM IV52.6%45.4%58.7%57.5%57.6%
Expected Move14.9%13.0%16.7%16.5%13.6%
HV 20d55.0%38.1%66.5%63.1%40.5%
HV 60d65.0%61.8%67.8%67.5%61.8%
IV Rank36.7%24.5%47.0%45.0%45.1%
IV Percentile74.9%56.7%86.9%86.1%84.9%
Term Structure-4.6%-8.8%0.0%0.0%-2.8%
VWIV52.3%42.4%64.0%55.0%47.9%
Skew 25d7.1%5.7%8.5%8.5%6.4%
Skew 10d14.3%11.9%17.0%17.0%14.0%
Call IV 25d48.9%40.9%55.3%53.4%44.1%
Put IV 25d56.0%48.2%63.0%61.9%50.5%
Bid-Ask Spread %54.9840.8671.7671.7647.57
Gamma HHI0.220.160.410.210.19
Net GEX1.3M462.3K1.9M462.3K1.9M
Net DEX-26.3M-44.3M-7.6M-8.6M-38.6M
Net VEX-150.4K-170.5K-123.5K-123.5K-156.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.0410.690.580.35
Total Volume1,358.0951697,6703,5131,131
Total OI15,606.09511,23817,46911,23815,882

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$80.69$80.0057.5%16.5%63.1%45.0%55.0%8.5%0.0%462.3K-8.6M-123.5K0.5871.76N/AN/A2,2191,2947,0724,166
2019-01-03$78.43$80.0058.7%16.7%61.7%47.0%57.9%7.6%-4.6%497.4K-7.6M-133.4K0.7743.18N/AN/A1,6931,3008,5565,141
2019-01-04$81.90$80.0057.7%16.4%63.7%45.3%64.0%7.2%-4.4%705.4K-13.3M-142.4K10.6940.86N/AN/A1731,8508,6025,209
2019-01-07$86.93$80.0057.6%16.5%66.5%45.1%56.3%6.9%-4.7%912.7K-23.9M-150.0K0.4948.20N/AN/A179888,6175,876
2019-01-08$88.31$80.0053.8%15.6%65.3%38.8%54.9%6.3%-2.5%1.0M-27.2M-150.8K0.2849.33N/AN/A7322048,6735,895
2019-01-09$87.70$80.0052.9%15.2%64.0%37.2%53.4%6.8%-3.3%1.1M-25.9M-149.0K0.1450.55N/AN/A2,2383158,9795,911
2019-01-10$87.44$80.0054.5%15.6%63.4%40.0%52.9%7.0%-4.1%1.4M-31.6M-170.5K0.5148.85N/AN/A1,05953610,9826,197
2019-01-11$86.71$80.0052.8%15.1%63.2%37.1%50.7%6.7%-3.8%1.3M-26.7M-158.3K0.3149.39N/AN/A1,23138010,4836,198
2019-01-14$85.25$80.0051.4%14.7%63.0%34.8%51.4%6.4%-4.8%1.1M-21.5M-147.5K0.3551.78N/AN/A2709510,5786,200
2019-01-15$87.04$80.0049.9%14.3%61.7%32.1%49.8%6.3%-4.0%1.5M-27.0M-147.2K0.3552.16N/AN/A1415010,6646,283
2019-01-16$87.12$80.0049.4%14.2%57.3%31.3%50.1%6.1%-4.4%1.5M-27.4M-145.7K2.2053.67N/AN/A21547210,7386,374
2019-01-17$88.26$80.0047.2%13.5%56.0%27.6%53.2%5.7%-3.2%1.8M-29.7M-147.7K1.8561.56N/AN/A9417410,7276,682
2019-01-18$91.47$80.0045.4%13.0%57.0%24.5%42.4%7.3%-3.2%1.1M-44.3M-145.8K0.0458.88N/AN/A7,39227810,7496,720
2019-01-22$88.66$80.0049.2%14.1%52.4%31.1%47.3%6.5%-5.5%1.6M-29.3M-160.9K0.1061.46N/AN/A5395211,3033,947
2019-01-23$88.99$80.0049.5%14.2%48.2%31.5%48.8%7.3%-6.0%1.6M-29.6M-158.9K1.9354.95N/AN/A16932611,1673,982
2019-01-24$89.21$85.0049.2%14.1%47.6%31.0%52.0%7.6%-4.3%1.6M-28.3M-158.5K1.1658.07N/AN/A23827611,2184,243
2019-01-25$91.38$85.0049.6%14.2%38.1%31.7%48.8%7.1%-6.8%1.8M-35.7M-161.8K0.4061.64N/AN/A29411911,3674,374
2019-01-28$88.69$85.0051.4%14.7%40.4%34.7%54.4%8.4%-7.5%1.6M-26.4M-151.1K0.3466.54N/AN/A1485011,4684,438
2019-01-29$86.99$85.0055.3%15.9%41.3%41.3%52.3%8.5%-8.5%1.4M-21.6M-146.1K0.7260.86N/AN/A987111,5914,441
2019-01-30$89.28$85.0054.0%15.5%40.5%39.0%55.5%7.9%-8.8%1.6M-28.3M-151.8K0.4263.30N/AN/A23710011,5684,467
2019-01-31$92.11$85.0057.6%13.6%40.5%45.1%47.9%6.4%-2.8%1.9M-38.6M-156.7K0.3547.57N/AN/A84029111,3744,508