RNG Options History — August 2019

In August 2019, RNG traded between $131.93 and $143.25. ATM implied volatility averaged 38.4%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 9.0% (HV 20d: 47.3%). Max pain ranged from $130.00 to $140.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2019-08-01: Highest Volume — 4,367 contracts
  • 2019-08-05: Largest IV spike — 31.4% change
  • 2019-08-05: Highest IV Rank — 32.2%
  • 2019-08-05: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$139.46$131.93$143.25$141.40$140.34
Max Pain$139.09$130.00$140.00$130.00$140.00
ATM IV38.4%34.3%50.1%38.0%34.8%
Expected Move10.7%9.8%12.4%10.9%10.0%
HV 20d47.3%30.5%53.4%44.8%30.6%
HV 60d38.7%35.7%41.4%40.0%35.7%
IV Rank12.3%5.5%32.2%11.8%6.3%
IV Percentile35.0%14.3%71.8%38.1%15.9%
Term Structure0.6%-2.3%1.5%-2.3%0.2%
VWIV37.6%34.3%41.7%39.4%34.3%
Skew 25d5.0%4.1%5.4%5.1%5.1%
Skew 10d9.8%7.6%14.0%7.6%8.7%
Call IV 25d34.9%31.7%40.3%35.0%32.0%
Put IV 25d39.9%36.4%45.7%40.1%37.1%
Bid-Ask Spread %43.1627.9568.1267.6255.84
Gamma HHI0.190.150.260.180.22
Net GEX1.1M-218.4K1.5M833.7K1.5M
Net DEX-52.9M-66.4M-27.7M-66.3M-49.9M
Net VEX-288.3K-309.4K-273.6K-286.0K-275.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.152.171.980.61
Total Volume702.7731764,3674,367562
Total OI20,690.22713,61225,93024,96615,485

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$141.40$130.0038.0%10.9%44.8%11.8%39.4%5.1%-2.3%833.7K-66.3M-286.0K1.9867.62N/AN/A1,4652,9029,13015,836
2019-08-02$139.99$130.0038.1%10.9%45.3%11.9%41.5%4.6%-0.4%692.5K-60.0M-298.2K0.7258.44N/AN/A4643339,15515,802
2019-08-05$131.93$140.0050.1%12.4%51.1%32.2%41.7%5.4%-0.9%-218.4K-27.7M-309.4K1.7334.88N/AN/A4367559,15315,772
2019-08-06$132.76$140.0042.7%11.3%51.0%19.7%38.6%5.0%1.1%152.6K-32.9M-303.0K0.3427.95N/AN/A5021719,24615,898
2019-08-07$135.90$140.0043.6%11.5%51.5%21.2%38.8%5.4%1.2%615.4K-45.8M-299.8K0.1532.82N/AN/A501769,37815,963
2019-08-08$139.83$140.0037.3%10.8%52.0%10.5%38.3%5.1%1.4%1.3M-63.2M-284.8K2.0429.92N/AN/A2865849,43615,983
2019-08-09$140.27$140.0036.8%10.8%52.0%9.8%36.9%4.4%1.5%1.3M-63.2M-307.0K0.3431.27N/AN/A3361139,45816,472
2019-08-12$138.25$140.0046.6%11.2%52.5%26.3%38.9%5.1%0.9%1.1M-54.3M-302.9K0.1731.74N/AN/A390689,35916,472
2019-08-13$141.23$140.0041.9%10.8%52.5%18.3%36.8%4.8%0.8%1.4M-66.4M-289.9K0.6031.71N/AN/A149909,29016,467
2019-08-14$138.07$140.0040.9%11.7%53.4%16.6%40.9%5.2%0.1%1.2M-53.6M-295.1K0.5628.01N/AN/A172979,34916,512
2019-08-15$139.26$140.0037.7%10.8%53.2%11.2%38.2%4.7%1.1%1.5M-59.9M-284.1K0.3132.65N/AN/A180569,32816,465
2019-08-16$138.85$140.0035.3%10.1%52.8%7.2%35.5%4.9%1.5%1.2M-58.7M-277.7K1.1637.67N/AN/A3343869,33016,430
2019-08-19$138.89$140.0035.3%10.1%52.7%7.1%35.2%5.1%0.8%1.1M-45.0M-276.9K0.6444.02N/AN/A5323387,1816,431
2019-08-20$138.34$140.0036.7%10.5%52.6%9.6%35.7%5.4%0.6%1.1M-43.4M-285.2K0.4568.12N/AN/A5022277,6326,672
2019-08-21$140.07$140.0034.3%9.8%51.4%5.5%35.8%4.1%1.1%1.3M-48.2M-284.0K1.3548.12N/AN/A3564797,7646,855
2019-08-22$142.02$140.0035.0%10.0%50.8%6.6%36.3%5.1%0.9%1.3M-53.2M-283.8K0.4450.41N/AN/A171767,7777,241
2019-08-23$141.12$140.0035.7%10.2%49.7%7.9%35.5%4.8%0.9%1.3M-50.9M-285.6K0.2849.83N/AN/A272777,8687,256
2019-08-26$142.66$140.0036.3%10.4%48.9%8.8%40.3%5.1%-0.4%1.3M-55.3M-279.9K0.7148.72N/AN/A131937,8827,286
2019-08-27$143.25$140.0036.0%10.3%31.3%8.3%37.2%5.0%0.5%1.4M-57.7M-279.4K0.4750.48N/AN/A174818,0077,349
2019-08-28$141.47$140.0036.2%10.4%30.6%8.7%36.5%5.1%0.7%1.4M-52.5M-279.9K2.1741.36N/AN/A1162528,0297,387
2019-08-29$142.12$140.0034.8%10.0%30.5%6.3%35.4%4.7%1.5%1.5M-55.2M-273.6K0.7347.89N/AN/A102748,0507,349
2019-08-30$140.34$140.0034.8%10.0%30.6%6.3%34.3%5.1%0.2%1.5M-49.9M-275.4K0.6155.84N/AN/A3492138,1117,374