RNG Options History — February 2019

In February 2019, RNG traded between $94.27 and $105.88. ATM implied volatility averaged 41.9%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 8.2% (HV 20d: 33.7%). Max pain ranged from $90.00 to $105.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 1.45.

Notable Days

  • 2019-02-11: Highest Volume — 14,944 contracts
  • 2019-02-06: Largest IV drop — 25.1% change
  • 2019-02-05: Highest IV Rank — 50.3%
  • 2019-02-11: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$101.96$94.27$105.88$94.27$105.31
Max Pain$99.21$90.00$105.00$90.00$105.00
ATM IV41.9%34.7%60.6%53.5%34.7%
Expected Move11.4%9.9%14.9%12.8%9.9%
HV 20d33.7%28.4%38.7%38.7%28.4%
HV 60d52.3%45.9%61.5%61.5%45.9%
IV Rank18.7%6.6%50.3%38.3%6.6%
IV Percentile42.5%17.5%88.5%77.4%17.9%
Term Structure-0.6%-5.4%1.9%-2.0%0.4%
VWIV39.8%34.4%49.7%46.0%35.6%
Skew 25d5.8%4.3%7.7%6.3%4.5%
Skew 10d11.3%8.6%15.6%12.0%8.6%
Call IV 25d37.5%32.5%48.7%42.4%32.6%
Put IV 25d43.3%36.9%56.3%48.8%37.0%
Bid-Ask Spread %50.4540.6865.1947.2365.19
Gamma HHI0.290.190.430.190.30
Net GEX1.9M1.1M3.9M2.1M1.5M
Net DEX-56.8M-107.9M-35.4M-46.6M-38.9M
Net VEX-176.1K-191.9K-154.7K-165.9K-171.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.017.714.320.60
Total Volume2,292.78916114,9441,517206
Total OI18,564.94712,51729,32616,52213,573

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$94.27$90.0053.5%12.8%38.7%38.3%46.0%6.3%-2.0%2.1M-46.6M-165.9K4.3247.23N/AN/A2851,23211,8554,667
2019-02-04$96.18$90.0059.4%13.0%36.8%48.2%46.3%6.3%-3.1%2.1M-52.9M-164.9K5.9847.07N/AN/A1981,18511,8915,790
2019-02-05$96.20$90.0060.6%13.0%31.4%50.3%47.3%6.1%-2.9%1.9M-51.5M-169.5K7.7146.41N/AN/A1741,34212,2666,938
2019-02-06$96.38$90.0045.4%13.0%31.2%24.6%42.4%6.2%-3.3%2.0M-51.8M-166.1K0.0146.89N/AN/A794712,2606,847
2019-02-07$97.00$90.0045.8%13.1%30.9%25.2%43.9%6.3%-2.9%1.8M-52.8M-159.8K0.0448.27N/AN/A9864411,6006,853
2019-02-08$100.67$90.0047.1%13.5%32.8%27.5%49.5%7.7%-3.8%2.0M-68.6M-154.7K0.2140.68N/AN/A4,51396911,6916,889
2019-02-11$100.03$95.0051.9%14.9%32.6%35.5%49.7%7.5%-5.4%2.1M-69.9M-191.9K0.8343.87N/AN/A8,1516,79313,6707,667
2019-02-12$105.69$95.0039.1%11.2%35.5%14.0%38.5%6.0%0.2%3.4M-107.9M-191.2K0.7445.46N/AN/A3,2822,42016,31212,191
2019-02-13$103.05$105.0037.4%10.7%37.5%11.1%37.6%5.5%1.3%2.9M-87.0M-188.7K1.0843.22N/AN/A1,4901,60516,40212,135
2019-02-14$103.67$105.0037.0%10.6%37.4%10.5%38.1%5.8%1.9%3.9M-91.8M-188.5K0.3543.28N/AN/A1,63757316,65012,277
2019-02-15$104.15$105.0036.9%10.6%37.4%10.3%36.0%5.7%1.2%1.1M-90.2M-180.0K0.3747.15N/AN/A1,77466417,09312,233
2019-02-19$104.10$105.0036.1%10.3%36.0%8.9%34.7%6.1%1.1%1.2M-36.1M-179.0K0.3847.19N/AN/A7402808,7253,792
2019-02-20$103.63$105.0035.3%10.1%33.5%7.6%35.3%5.4%1.4%1.3M-35.4M-181.9K1.0254.97N/AN/A2562619,3273,935
2019-02-21$104.10$105.0035.8%10.2%33.5%8.4%37.2%5.6%0.5%1.3M-36.2M-181.3K1.1450.21N/AN/A1902169,3763,964
2019-02-22$105.88$105.0034.7%9.9%33.5%6.6%34.5%4.3%1.1%1.5M-41.2M-183.3K0.8158.07N/AN/A2692199,3903,967
2019-02-25$105.81$105.0035.9%10.3%33.2%8.6%34.8%4.9%0.7%1.6M-40.9M-178.7K0.7757.71N/AN/A91709,4713,996
2019-02-26$105.44$105.0034.9%10.0%30.5%6.9%34.7%4.8%0.4%1.5M-39.3M-175.3K0.5861.86N/AN/A2111229,4314,029
2019-02-27$105.67$105.0034.8%10.0%28.8%6.8%34.4%4.9%0.9%1.6M-40.0M-173.4K0.5963.79N/AN/A1981169,5224,059
2019-02-28$105.31$105.0034.7%9.9%28.4%6.6%35.6%4.5%0.4%1.5M-38.9M-171.7K0.6065.19N/AN/A129779,5164,057