RNG Options History — May 2019

In May 2019, RNG traded between $115.06 and $124.40. ATM implied volatility averaged 40.9%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 7.6% (HV 20d: 33.3%). Max pain ranged from $105.00 to $120.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.48.

Notable Days

  • 2019-05-06: Highest Volume — 9,461 contracts
  • 2019-05-13: Largest IV spike — 44.7% change
  • 2019-05-06: Highest IV Rank — 47.7%
  • 2019-05-02: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$120.04$115.06$124.40$115.06$119.72
Max Pain$116.36$105.00$120.00$105.00$120.00
ATM IV40.9%33.3%59.1%51.0%42.0%
Expected Move11.3%9.6%14.9%14.6%12.1%
HV 20d33.3%23.7%40.0%32.0%40.0%
HV 60d29.8%26.4%32.1%27.8%31.5%
IV Rank16.9%3.9%47.7%34.0%18.6%
IV Percentile43.9%9.9%87.7%71.0%49.6%
Term Structure-1.9%-12.6%1.6%-11.9%-0.5%
VWIV40.3%33.4%52.4%52.3%44.6%
Skew 25d4.7%3.7%5.8%5.8%5.4%
Skew 10d9.1%7.0%11.6%8.8%9.3%
Call IV 25d37.5%31.9%49.7%48.4%40.0%
Put IV 25d42.2%36.1%55.4%54.1%45.4%
Bid-Ask Spread %48.4731.9653.6652.9549.91
Gamma HHI0.250.150.370.210.26
Net GEX999.6K-1.2M2.2M632.6K1.6M
Net DEX-33.1M-56.4M-15.2M-26.6M-28.7M
Net VEX-196.2K-238.9K-142.2K-150.1K-237.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.480.074.541.064.54
Total Volume1,846.6821489,4611,817825
Total OI15,348.57,88323,1228,18115,983

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$115.06$105.0051.0%14.6%32.0%34.0%52.3%5.8%-11.9%632.6K-26.6M-150.1K1.0652.95N/AN/A8849334,6903,491
2019-05-02$115.24$105.0052.0%14.9%32.0%35.8%52.4%5.3%-12.6%664.4K-27.1M-148.6K0.6453.31N/AN/A1,1767524,7403,486
2019-05-03$118.92$110.0051.2%14.7%25.6%34.4%52.4%5.8%-12.6%475.3K-28.6M-142.9K0.8149.39N/AN/A7786284,3383,545
2019-05-06$121.00$110.0059.1%11.9%25.5%47.7%43.9%4.9%-2.5%466.7K-30.8M-142.2K1.5031.96N/AN/A3,7905,6714,3743,548
2019-05-07$118.07$110.0038.8%10.5%23.7%13.5%36.2%4.8%-1.5%-1.2M-15.2M-181.5K1.4543.52N/AN/A1,6082,3247,9119,226
2019-05-08$118.43$115.0035.9%9.9%23.8%8.6%39.2%3.9%-0.3%-166.7K-25.5M-174.6K2.2747.11N/AN/A6601,4968,4197,988
2019-05-09$122.86$115.0037.0%10.6%25.7%10.4%36.9%4.7%-1.4%852.7K-39.2M-184.2K0.4741.77N/AN/A2,1279919,0519,090
2019-05-10$122.53$115.0033.7%9.9%25.2%4.9%36.1%4.3%-0.4%1.2M-41.5M-191.7K0.5544.15N/AN/A6883819,7979,427
2019-05-13$115.71$115.0048.8%11.1%34.1%30.3%39.1%4.6%-0.7%-856.1K-16.1M-190.9K0.9745.95N/AN/A2232179,7979,427
2019-05-14$118.02$120.0041.9%10.1%34.5%18.7%36.2%4.5%-0.0%-297.4K-25.4M-188.7K1.3050.59N/AN/A73395210,1029,567
2019-05-15$119.00$120.0034.3%9.8%34.0%6.0%34.4%4.6%-0.1%101.0K-29.9M-182.8K0.1051.00N/AN/A1341410,1279,657
2019-05-16$124.40$120.0033.9%9.7%36.0%5.2%33.4%4.2%-0.3%2.1M-50.1M-175.5K0.0750.02N/AN/A4,05026810,1339,740
2019-05-17$123.43$120.0033.3%9.6%36.5%3.9%34.7%4.2%0.1%2.2M-56.4M-214.5K1.3853.66N/AN/A62085413,3289,794
2019-05-20$120.87$120.0036.5%10.5%36.7%9.3%38.4%4.9%-0.3%1.8M-39.5M-217.1K1.5645.06N/AN/A3946138,7664,454
2019-05-21$122.46$120.0035.1%10.1%36.2%6.9%37.0%3.7%0.2%2.1M-44.1M-220.3K2.2448.19N/AN/A2305159,0424,987
2019-05-22$123.00$120.0034.5%9.9%36.2%5.8%38.5%4.3%0.8%2.2M-45.2M-219.2K4.4050.97N/AN/A2018859,0365,004
2019-05-23$118.99$120.0040.5%11.6%38.1%15.9%42.5%4.3%0.2%1.3M-27.1M-232.9K0.7748.45N/AN/A3362589,0855,841
2019-05-24$122.03$120.0038.2%11.0%38.8%12.1%37.4%4.4%1.6%1.9M-37.8M-227.8K1.1752.39N/AN/A3784449,0555,583
2019-05-28$121.39$120.0040.4%11.6%38.9%15.7%39.3%4.8%-0.3%1.8M-34.4M-225.6K1.6952.38N/AN/A1652799,1495,836
2019-05-29$118.99$120.0041.4%11.9%39.6%17.6%41.9%5.3%-0.2%1.5M-27.3M-229.0K2.4450.51N/AN/A2826899,2686,052
2019-05-30$120.79$120.0041.2%11.8%39.8%17.1%40.3%5.1%-0.0%1.7M-31.2M-238.9K1.2053.12N/AN/A5366459,4016,332
2019-05-31$119.72$120.0042.0%12.1%40.0%18.6%44.6%5.4%-0.5%1.6M-28.7M-237.5K4.5449.91N/AN/A1496769,6056,378