RNG Options History — July 2019

In July 2019, RNG traded between $114.42 and $142.85. ATM implied volatility averaged 38.5%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 10.4% (HV 20d: 28.0%). Max pain ranged from $110.00 to $130.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.69.

Notable Days

  • 2019-07-29: Highest Volume — 11,901 contracts
  • 2019-07-30: Largest IV drop — 25.6% change
  • 2019-07-29: Highest IV Rank — 30.4%
  • 2019-07-29: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.36$114.42$142.85$116.04$142.85
Max Pain$114.32$110.00$130.00$115.00$130.00
ATM IV38.5%32.3%49.0%33.2%33.5%
Expected Move11.3%9.3%14.1%9.5%9.6%
HV 20d28.0%21.7%44.9%31.2%44.2%
HV 60d33.8%32.3%40.3%33.9%40.3%
IV Rank12.5%2.0%30.4%3.5%4.1%
IV Percentile33.9%3.6%66.7%6.3%9.5%
Term Structure-1.4%-9.9%7.7%7.3%1.8%
VWIV41.8%32.0%51.9%32.8%35.3%
Skew 25d4.5%3.0%5.5%3.1%4.0%
Skew 10d8.3%5.7%12.6%5.8%7.8%
Call IV 25d37.6%30.9%47.0%31.6%32.5%
Put IV 25d42.1%33.8%52.5%34.7%36.4%
Bid-Ask Spread %46.3124.0078.3278.3257.90
Gamma HHI0.260.100.440.270.21
Net GEX960.2K161.2K2.3M457.7K1.2M
Net DEX-30.5M-76.6M-8.7M-14.4M-76.6M
Net VEX-194.2K-260.9K-162.7K-197.5K-260.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.690.236.680.413.28
Total Volume1,927.68224611,9014983,997
Total OI14,873.9099,99824,68714,72824,687

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$116.04$115.0033.2%9.5%31.2%3.5%32.8%3.1%7.3%457.7K-14.4M-197.5K0.4178.32N/AN/A3521466,9537,775
2019-07-02$114.42$115.0032.4%9.3%28.6%2.3%32.4%3.7%7.6%217.4K-8.7M-194.2K0.4974.66N/AN/A165816,9777,742
2019-07-03$116.28$115.0032.3%9.3%28.6%2.0%32.0%3.0%7.7%547.0K-14.8M-192.2K0.5276.33N/AN/A2161137,0037,743
2019-07-05$117.97$110.0032.4%11.5%28.4%2.2%40.7%4.1%-1.0%793.2K-20.0M-189.9K0.2734.55N/AN/A4181146,9827,787
2019-07-08$120.13$110.0034.1%11.9%29.1%5.1%43.8%4.3%-1.9%1.2M-28.4M-184.2K0.2336.16N/AN/A6401507,0577,835
2019-07-09$121.58$110.0033.4%11.9%29.4%3.9%42.3%4.6%-2.0%1.3M-32.0M-179.1K0.9636.09N/AN/A4974766,9387,864
2019-07-10$122.33$110.0041.8%12.0%26.5%18.2%42.9%4.0%-2.6%1.4M-34.4M-176.5K0.5035.11N/AN/A1,1135586,9018,172
2019-07-11$122.00$110.0041.1%11.8%26.2%17.0%43.6%4.7%-2.1%1.3M-31.6M-174.8K1.3737.78N/AN/A4526216,7678,376
2019-07-12$122.99$110.0039.7%11.4%26.3%14.6%44.1%4.9%-1.5%1.5M-34.2M-170.0K1.8241.61N/AN/A2965386,7378,406
2019-07-15$123.14$110.0040.3%11.6%26.2%15.7%46.6%4.2%-2.8%1.7M-35.0M-162.7K0.7740.49N/AN/A5644346,7448,402
2019-07-16$121.99$110.0041.6%11.9%26.3%17.8%42.8%5.3%-3.6%1.8M-30.1M-178.8K1.2744.38N/AN/A6227876,8378,800
2019-07-17$124.20$115.0039.7%11.4%26.9%14.7%44.4%5.0%-2.3%2.0M-37.5M-183.1K1.1941.43N/AN/A7468876,9419,112
2019-07-18$123.53$115.0039.5%11.3%27.0%14.3%43.7%4.9%-2.9%2.3M-35.0M-191.2K0.8546.77N/AN/A1,0188657,0259,404
2019-07-19$121.76$115.0040.9%11.7%27.0%16.6%43.5%5.1%-3.5%655.0K-30.9M-194.6K0.8947.79N/AN/A1,0249117,2299,598
2019-07-22$121.16$115.0041.8%12.0%21.8%18.2%40.4%4.9%-3.7%161.2K-18.7M-196.4K0.2748.96N/AN/A285774,6235,375
2019-07-23$120.44$115.0041.4%11.9%21.7%17.5%46.6%4.3%-3.4%216.8K-18.1M-198.0K6.6845.70N/AN/A1228154,8535,433
2019-07-24$125.08$115.0040.3%11.6%22.4%15.7%45.2%5.0%-3.5%320.0K-24.9M-195.3K5.5846.99N/AN/A1427934,8386,155
2019-07-25$123.07$115.0040.7%11.7%23.7%16.3%44.9%4.5%-3.9%292.4K-22.2M-195.0K4.9148.01N/AN/A1728444,8606,141
2019-07-26$127.82$115.0040.8%11.7%24.7%16.4%42.6%5.0%-3.9%412.0K-29.2M-193.7K1.1947.76N/AN/A5336354,9296,200
2019-07-29$125.50$115.0049.0%14.1%26.1%30.4%51.9%5.5%-9.9%278.2K-24.4M-209.8K2.3028.01N/AN/A3,6108,2915,1076,607
2019-07-30$139.69$125.0036.5%10.5%44.9%9.2%37.3%4.2%-0.9%1.1M-69.0M-255.5K1.4524.00N/AN/A2,9734,3168,27915,032
2019-07-31$142.85$130.0033.5%9.6%44.2%4.1%35.3%4.0%1.8%1.2M-76.6M-260.9K3.2857.90N/AN/A9343,0639,07415,613