RNG Options History — November 2019

In November 2019, RNG traded between $157.98 and $173.07. ATM implied volatility averaged 40.1%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 4.4% (HV 20d: 35.7%). Max pain ranged from $115.00 to $165.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.50.

Notable Days

  • 2019-11-04: Highest Volume — 12,530 contracts
  • 2019-11-05: Largest IV drop — 45.2% change
  • 2019-11-04: Highest IV Rank — 73.3%
  • 2019-11-01: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$168.90$157.98$173.07$161.49$172.11
Max Pain$149.75$115.00$165.00$160.00$165.00
ATM IV40.1%34.2%74.4%56.8%35.4%
Expected Move11.2%9.8%16.3%16.3%10.2%
HV 20d35.7%22.8%45.7%45.7%22.8%
HV 60d62.6%62.2%62.8%62.2%62.7%
IV Rank18.0%7.2%73.3%43.5%10.1%
IV Percentile35.2%11.5%98.4%92.1%20.6%
Term Structure-1.1%-11.1%0.6%-11.1%-0.2%
VWIV39.6%34.0%62.8%62.8%35.0%
Skew 25d5.1%3.7%8.2%7.6%4.2%
Skew 10d11.5%8.6%17.8%16.8%8.6%
Call IV 25d36.8%32.0%53.1%53.1%33.1%
Put IV 25d41.9%36.3%60.7%60.7%37.2%
Bid-Ask Spread %53.5442.8660.0442.8654.93
Gamma HHI0.190.100.710.120.14
Net GEX1.4M-312.1K11.0M782.8K156.2K
Net DEX-83.9M-127.4M-54.6M-71.2M-74.7M
Net VEX-428.3K-457.7K-397.7K-404.4K-437.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.517.217.211.01
Total Volume2,522.5523512,5303,660636
Total OI31,319.0522,69641,94328,62324,403

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$161.49$160.0056.8%16.3%45.7%43.5%62.8%7.6%-11.1%782.8K-71.2M-404.4K7.2142.86N/AN/A4463,21412,30916,314
2019-11-04$157.98$115.0074.4%14.5%39.3%73.3%52.9%8.2%-3.7%245.9K-54.6M-433.5K3.2849.22N/AN/A2,9309,60012,58417,069
2019-11-05$162.69$120.0040.8%11.6%41.1%16.4%40.9%5.3%-0.8%-312.1K-65.6M-433.0K1.3553.84N/AN/A3,2464,39714,03522,851
2019-11-06$166.86$120.0037.9%11.2%42.1%14.8%39.4%5.4%-0.1%626.5K-90.5M-427.3K1.0250.19N/AN/A1,4361,45914,16423,946
2019-11-07$169.36$125.0037.8%11.6%42.6%14.4%41.0%5.4%-1.5%1.8M-106.9M-424.2K1.9054.74N/AN/A8491,61714,02724,090
2019-11-08$170.04$145.0037.8%11.2%42.6%14.4%39.4%4.6%0.1%1.8M-106.7M-417.9K0.5551.04N/AN/A1,06858513,94025,106
2019-11-11$170.03$145.0040.8%11.3%42.2%20.9%40.7%5.0%-0.9%1.8M-105.0M-397.7K0.9649.40N/AN/A82779414,31925,134
2019-11-12$172.89$145.0039.1%11.0%42.7%17.3%39.7%4.3%-1.0%3.8M-127.4M-400.1K1.4349.45N/AN/A8071,15114,67125,161
2019-11-13$168.07$150.0039.1%11.2%42.4%17.3%38.8%5.3%-1.7%1.8M-93.8M-409.2K0.5151.72N/AN/A2,1471,08514,74825,694
2019-11-14$169.31$150.0037.9%10.9%42.5%15.7%37.9%5.3%-0.2%3.8M-107.5M-412.9K0.8953.64N/AN/A1,02291215,29125,931
2019-11-15$169.89$150.0036.3%10.4%37.3%12.1%36.5%5.0%0.0%11.0M-115.2M-399.4K1.5756.06N/AN/A1,6742,63215,42126,522
2019-11-18$169.90$160.0037.2%10.7%37.2%14.2%37.3%4.4%-0.6%2.9K-65.4M-438.2K0.7460.04N/AN/A2581929,68913,007
2019-11-19$173.07$160.0036.7%10.5%32.5%12.9%36.3%4.5%-0.4%211.7K-76.0M-438.1K0.6858.54N/AN/A7845309,72913,032
2019-11-20$171.67$160.0037.7%10.8%30.7%15.2%35.9%5.1%-0.3%346.0K-74.8M-457.7K0.5356.35N/AN/A70437610,37313,219
2019-11-21$169.62$165.0037.1%10.7%28.6%14.0%37.2%4.8%-0.4%18.2K-64.7M-457.3K1.4356.42N/AN/A24735210,39913,325
2019-11-22$168.96$165.0035.6%10.2%26.5%10.4%36.1%4.4%0.6%-61.7K-62.5M-449.5K1.1257.50N/AN/A17719910,41013,137
2019-11-25$170.12$165.0034.9%10.0%26.2%8.8%34.0%3.7%0.1%64.6K-68.3M-436.5K0.7152.36N/AN/A89764110,48613,190
2019-11-26$172.04$165.0034.2%9.8%26.1%7.2%34.9%4.3%0.6%188.5K-73.3M-448.5K1.5857.52N/AN/A12619910,62113,652
2019-11-27$171.81$165.0034.5%9.9%23.6%8.0%35.3%4.8%0.3%135.7K-73.3M-444.4K1.5555.08N/AN/A9214310,65113,731
2019-11-29$172.11$165.0035.4%10.2%22.8%10.1%35.0%4.2%-0.2%156.2K-74.7M-437.0K1.0154.93N/AN/A31731910,64613,757