RNG Options History — April 2019

In April 2019, RNG traded between $102.94 and $116.08. ATM implied volatility averaged 41.4%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 10.7% (HV 20d: 30.7%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.79.

Notable Days

  • 2019-04-04: Highest Volume — 2,042 contracts
  • 2019-04-04: Largest IV spike — 15.2% change
  • 2019-04-30: Highest IV Rank — 33.6%
  • 2019-04-30: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.32$102.94$116.08$109.07$115.99
Max Pain$102.14$100.00$105.00$105.00$105.00
ATM IV41.4%31.1%50.8%32.2%50.8%
Expected Move12.5%11.1%14.6%11.4%14.6%
HV 20d30.7%21.5%33.3%23.6%31.9%
HV 60d29.8%27.6%31.1%30.9%27.9%
IV Rank17.8%0.5%33.6%2.4%33.6%
IV Percentile44.8%1.2%70.6%5.6%70.6%
Term Structure-4.4%-11.3%8.1%7.5%-11.3%
VWIV45.3%38.4%51.6%40.2%51.6%
Skew 25d5.6%3.8%6.7%4.4%5.2%
Skew 10d11.3%8.3%14.3%8.3%9.7%
Call IV 25d40.4%30.1%48.3%30.7%48.3%
Put IV 25d46.0%33.9%53.5%35.1%53.5%
Bid-Ask Spread %44.8037.0653.1737.0652.82
Gamma HHI0.270.200.410.340.20
Net GEX338.1K-676.3K1.4M1.1M663.4K
Net DEX-26.3M-41.6M-18.0M-37.7M-27.4M
Net VEX-118.5K-133.9K-102.6K-130.9K-132.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.790.158.220.511.17
Total Volume922.0951362,0421511,883
Total OI12,691.5246,26216,89414,0747,573

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$109.07$105.0032.2%11.4%23.6%2.4%40.2%4.4%7.5%1.1M-37.7M-130.9K0.5137.06N/AN/A100517,4236,651
2019-04-02$110.16$105.0031.8%11.4%23.3%1.6%44.9%3.8%8.1%1.3M-40.3M-130.5K0.4738.32N/AN/A196937,4416,684
2019-04-03$110.46$105.0031.1%11.1%21.5%0.5%41.9%5.4%-3.5%1.4M-41.6M-127.7K0.1539.75N/AN/A6541007,4446,724
2019-04-04$104.53$105.0035.8%11.8%29.8%8.4%41.3%5.6%-3.4%171.2K-23.7M-123.2K0.5837.73N/AN/A1,2947487,2936,722
2019-04-05$106.49$100.0033.8%11.8%30.4%5.0%38.4%5.8%-3.4%519.7K-29.5M-129.2K1.1540.47N/AN/A4455127,8197,023
2019-04-08$102.94$100.0038.0%12.3%32.3%12.1%43.6%6.2%-4.7%-64.9K-20.0M-124.4K2.9639.42N/AN/A5081,5037,8317,041
2019-04-09$103.55$100.0038.0%12.2%32.2%12.2%47.8%5.8%-4.2%-481.3K-19.0M-133.9K5.9541.21N/AN/A2041,2138,1448,151
2019-04-10$103.15$100.0042.8%12.3%32.0%20.3%51.6%5.9%-3.9%-605.9K-18.1M-132.1K2.9842.72N/AN/A3129318,1398,595
2019-04-11$105.73$100.0042.7%12.2%33.2%20.0%48.0%6.2%-4.4%-134.8K-25.7M-127.4K2.9543.68N/AN/A2467268,0568,623
2019-04-12$105.88$100.0042.6%12.2%33.2%19.9%47.2%5.9%-4.6%-163.7K-27.2M-122.8K2.1743.27N/AN/A2956418,0468,622
2019-04-15$106.37$100.0044.0%12.6%33.3%22.3%43.5%5.9%-5.3%62.1K-29.4M-117.1K1.2745.33N/AN/A60768,1478,726
2019-04-16$105.18$100.0043.8%12.6%33.2%21.9%44.3%6.7%-5.2%-423.8K-26.0M-113.4K0.6146.12N/AN/A2581578,1468,748
2019-04-17$104.21$100.0044.7%12.8%33.2%23.4%43.0%6.7%-6.2%-676.3K-23.4M-110.6K0.3748.41N/AN/A3971468,0848,774
2019-04-18$105.04$100.0043.6%12.5%31.4%21.6%42.5%6.3%-5.8%868.8K-26.4M-107.3K0.3748.88N/AN/A8012937,9758,816
2019-04-22$108.57$100.0044.5%12.7%30.6%23.0%50.4%5.5%-5.8%468.1K-18.0M-105.9K8.2247.75N/AN/A776333,6802,770
2019-04-23$111.10$100.0045.3%13.0%31.6%24.4%46.2%4.8%-6.7%572.8K-21.5M-102.6K1.6848.35N/AN/A1322223,7292,533
2019-04-24$111.41$105.0044.9%12.9%31.5%23.8%44.2%4.7%-6.2%572.2K-21.8M-104.3K0.1848.93N/AN/A1,1522023,8232,611
2019-04-25$113.63$105.0044.9%12.9%31.8%23.7%45.6%5.2%-7.3%640.9K-24.0M-104.0K1.2449.43N/AN/A2052543,9492,618
2019-04-26$115.20$105.0044.9%12.9%32.0%23.8%47.2%5.1%-6.9%673.4K-25.7M-105.3K1.6348.00N/AN/A1933144,0002,665
2019-04-29$116.08$105.0048.4%13.9%32.0%29.6%48.1%5.7%-9.5%677.0K-26.8M-103.1K1.0453.17N/AN/A5565814,0172,666
2019-04-30$115.99$105.0050.8%14.6%31.9%33.6%51.6%5.2%-11.3%663.4K-27.4M-132.9K1.1752.82N/AN/A8661,0174,4483,125