RNG Options History — May 2020

In May 2020, RNG traded between $217.99 and $286.90. ATM implied volatility averaged 61.3%, placing in the 47.3% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded below realized volatility by 5.5% (HV 20d: 66.8%). Max pain ranged from $220.00 to $255.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.05.

Notable Days

  • 2020-05-06: Highest Volume — 7,001 contracts
  • 2020-05-07: Largest IV drop — 18.5% change
  • 2020-05-04: Highest IV Rank — 72.6%
  • 2020-05-01: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$260.00$217.99$286.90$217.99$270.34
Max Pain$239.25$220.00$255.00$220.00$255.00
ATM IV61.3%54.4%78.4%74.7%55.5%
Expected Move17.6%15.2%26.3%26.3%15.2%
HV 20d66.8%59.8%85.9%82.4%61.9%
HV 60d90.9%88.9%92.3%88.9%92.3%
IV Rank47.3%37.0%72.6%67.1%38.8%
IV Percentile82.8%77.0%96.0%92.1%77.0%
Term Structure-0.0%-6.2%2.7%-6.2%0.5%
VWIV62.3%52.8%91.2%91.2%52.8%
Skew 25d9.2%3.0%18.1%18.1%6.7%
Skew 10d19.4%9.1%32.8%27.9%11.4%
Call IV 25d58.0%51.0%71.9%66.1%53.1%
Put IV 25d67.2%57.9%87.8%84.2%59.8%
Bid-Ask Spread %47.3219.6358.0848.6157.05
Gamma HHI0.120.080.460.090.46
Net GEX-130.7K-4.4M4.5M-999.8K-3.7M
Net DEX-126.2M-251.3M-17.9M-17.9M-143.8M
Net VEX-708.2K-746.1K-644.5K-715.1K-702.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.132.251.820.82
Total Volume2,857.18957,0013,2512,378
Total OI26,401.622,31832,48427,56525,009

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$217.99$220.0074.7%26.3%82.4%67.1%91.2%18.1%-6.2%-999.8K-17.9M-715.1K1.8248.61N/AN/A1,1522,09914,25113,314
2020-05-04$233.72$220.0078.4%21.4%85.9%72.6%72.3%15.9%-2.0%71.0K-83.7M-743.3K0.7724.17N/AN/A88768011,53812,871
2020-05-05$234.39$220.0075.6%20.7%85.8%68.5%75.3%16.0%-2.7%94.2K-87.2M-733.3K2.0225.81N/AN/A7721,56011,92313,363
2020-05-06$245.29$220.0071.3%19.6%74.8%62.1%71.7%15.8%-0.4%519.0K-122.7M-740.9K0.8619.63N/AN/A3,7743,22712,26314,674
2020-05-07$258.26$220.0058.1%16.7%68.2%42.5%63.2%11.5%1.3%4.3M-205.1M-695.7K0.8029.94N/AN/A3,0162,40214,66617,261
2020-05-08$265.76$220.0059.3%17.4%63.6%44.4%61.7%9.0%-0.8%4.4M-223.1M-690.8K0.1353.45N/AN/A3,52844514,33317,628
2020-05-11$275.41$220.0056.8%16.0%63.8%40.7%58.4%12.0%-1.2%4.5M-229.1M-667.5K0.3940.94N/AN/A1,26349313,09612,804
2020-05-12$279.06$230.0054.4%15.7%61.4%37.0%55.7%9.9%1.2%4.3M-242.5M-644.5K0.6147.70N/AN/A1,06764713,10413,132
2020-05-13$283.00$250.0059.7%17.5%61.3%44.9%61.5%8.8%2.0%4.4M-251.3M-662.9K1.7151.89N/AN/A2,2103,77313,40913,442
2020-05-14$272.52$250.0061.0%17.8%63.5%46.8%58.5%8.0%2.1%3.1M-191.8M-742.7K1.6550.88N/AN/A8431,39414,49716,480
2020-05-15$286.90$250.0065.3%18.5%65.4%53.3%66.4%4.1%-1.8%2.2M-246.6M-746.1K0.3854.67N/AN/A2,53396914,58617,898
2020-05-18$264.82$250.0060.7%17.4%68.3%46.4%61.6%5.9%1.0%-1.7M-76.7M-732.4K0.6449.86N/AN/A1,50495510,78411,700
2020-05-19$265.49$250.0057.6%16.5%62.1%41.8%57.8%8.0%1.9%-1.9M-80.2M-740.0K2.1357.24N/AN/A7331,55811,30712,301
2020-05-20$263.82$250.0055.5%15.9%61.5%38.8%55.6%5.0%0.4%-3.5M-69.5M-732.1K0.7254.26N/AN/A52137411,57413,550
2020-05-21$261.78$250.0054.9%15.6%61.4%37.8%57.5%4.6%2.7%-3.9M-62.8M-717.8K0.4158.08N/AN/A94639111,74113,683
2020-05-22$261.00$250.0055.0%15.8%61.4%38.0%54.5%6.7%0.9%-2.9M-61.1M-710.8K1.1356.23N/AN/A83994911,83213,779
2020-05-26$251.13$250.0059.8%16.8%62.8%45.1%58.3%3.0%-0.8%-3.2M-38.9M-680.6K2.2556.45N/AN/A6771,52010,64811,670
2020-05-27$250.67$255.0055.5%16.2%59.8%38.8%55.6%6.5%2.5%-4.4M-21.5M-681.0K1.3854.15N/AN/A1,0191,40610,92712,896
2020-05-28$258.63$255.0057.1%16.2%60.5%41.1%56.7%7.6%-0.8%-4.3M-67.7M-683.6K0.4055.45N/AN/A1,88175711,24312,855
2020-05-29$270.34$255.0055.5%15.2%61.9%38.8%52.8%6.7%0.5%-3.7M-143.8M-702.5K0.8257.05N/AN/A1,3101,06812,31212,697