RNG Options History — July 2020

In July 2020, RNG traded between $252.74 and $296.21. ATM implied volatility averaged 62.7%, placing in the 49.4% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 1.4% (HV 20d: 61.3%). Max pain ranged from $260.00 to $280.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.92.

Notable Days

  • 2020-07-17: Highest Volume — 8,680 contracts
  • 2020-07-13: Largest IV spike — 9.9% change
  • 2020-07-13: Highest IV Rank — 59.2%
  • 2020-07-13: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$278.43$252.74$296.21$292.42$289.94
Max Pain$266.82$260.00$280.00$260.00$260.00
ATM IV62.7%57.8%69.3%61.0%57.8%
Expected Move17.7%15.8%19.4%15.8%17.0%
HV 20d61.3%49.7%71.2%71.2%50.5%
HV 60d61.6%58.3%70.7%70.7%58.3%
IV Rank49.4%42.1%59.2%46.9%42.1%
IV Percentile79.1%69.0%86.5%81.3%69.0%
Term Structure-1.4%-4.9%1.8%1.8%-2.1%
VWIV64.7%53.8%74.3%56.5%60.8%
Skew 25d4.7%-0.3%9.2%1.4%4.2%
Skew 10d10.9%4.8%17.8%5.4%13.0%
Call IV 25d61.3%56.7%70.7%60.1%57.6%
Put IV 25d66.0%60.0%71.6%61.5%61.8%
Bid-Ask Spread %42.5229.3772.3768.5153.97
Gamma HHI0.060.040.120.060.12
Net GEX2.8M-2.3M8.1M4.7M8.1M
Net DEX-148.3M-235.2M8.6M-229.4M-225.0M
Net VEX-1.2M-1.3M-1.0M-1.1M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.301.611.311.11
Total Volume4,057.8187518,6802,5563,150
Total OI41,493.72730,81149,39831,96747,465

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$292.42$260.0061.0%15.8%71.2%46.9%56.5%1.4%1.8%4.7M-229.4M-1.1M1.3168.51N/AN/A1,1071,44917,63414,333
2020-07-02$289.61$260.0058.8%16.0%65.0%43.6%53.8%2.0%0.8%5.2M-211.8M-1.1M0.9772.37N/AN/A1,3401,30117,59515,234
2020-07-06$290.80$280.0062.8%17.3%64.8%49.5%63.4%6.9%-1.9%1.8M-186.4M-1.0M1.4837.14N/AN/A3,0854,55415,91614,895
2020-07-07$287.96$280.0064.1%17.5%64.2%51.6%63.6%7.0%-1.5%992.3K-165.9M-1.1M0.9336.70N/AN/A38936216,58316,608
2020-07-08$294.72$280.0062.6%17.5%64.4%49.2%74.3%4.6%-1.8%1.8M-201.1M-1.1M1.6133.35N/AN/A7781,25216,77116,744
2020-07-09$296.21$280.0063.1%17.2%60.8%50.0%65.0%4.1%-2.2%2.7M-215.7M-1.1M0.7836.82N/AN/A1,05582817,47617,656
2020-07-10$284.28$280.0063.1%17.9%57.9%49.9%64.8%9.2%-2.1%-1.1M-146.4M-1.1M1.0741.50N/AN/A3,8524,13117,60818,184
2020-07-13$262.85$280.0069.3%19.4%65.0%59.2%67.9%4.6%-0.8%-650.8K-43.9M-1.1M0.5829.37N/AN/A4,6022,68618,87719,494
2020-07-14$260.74$280.0069.1%19.1%63.7%58.9%68.4%1.4%-1.9%-1.4M-21.6M-1.2M0.4533.50N/AN/A2,2991,03221,39821,065
2020-07-15$257.61$270.0067.9%19.0%62.8%57.1%72.7%-0.3%-1.2%-1.1M-19.0M-1.2M1.0235.06N/AN/A4,1724,23622,77421,291
2020-07-16$252.74$260.0067.5%18.8%62.7%56.5%68.9%0.8%-2.3%-2.3M8.6M-1.1M0.9435.15N/AN/A1,9891,86723,69822,693
2020-07-17$258.34$260.0062.3%17.1%60.6%48.8%62.5%4.4%-4.9%-1.1M-38.8M-1.2M0.7549.02N/AN/A4,9483,73225,68723,711
2020-07-20$273.87$260.0064.1%18.2%64.0%51.5%65.8%4.2%-2.9%3.9M-156.5M-1.2M0.3733.50N/AN/A2,7831,03821,08919,889
2020-07-21$286.17$260.0061.6%17.6%64.7%47.7%67.1%4.8%-1.6%6.1M-235.2M-1.3M0.9541.09N/AN/A3,8583,67721,96520,509
2020-07-22$282.09$260.0062.8%18.0%64.0%49.5%64.7%6.0%-2.2%6.1M-210.8M-1.3M0.4740.48N/AN/A1,58774823,31922,856
2020-07-23$276.04$260.0060.2%17.3%62.9%45.7%60.9%7.1%-1.3%5.5M-170.0M-1.3M1.0845.52N/AN/A3,0193,26323,80423,281
2020-07-24$267.60$260.0062.0%17.9%62.5%48.3%60.7%4.3%-0.7%3.3M-98.6M-1.3M0.4645.13N/AN/A1,49769323,80025,205
2020-07-27$278.28$260.0060.3%17.9%61.4%45.8%62.7%5.7%-0.0%5.0M-175.8M-1.3M0.3041.02N/AN/A1,85455922,33624,019
2020-07-28$277.04$260.0059.9%17.6%53.8%45.2%61.9%6.1%-1.6%3.9M-147.7M-1.2M1.5636.63N/AN/A57489621,57224,220
2020-07-29$283.37$260.0059.4%18.1%50.8%44.5%63.5%7.8%-1.5%5.0M-187.9M-1.3M0.9245.22N/AN/A91584121,71524,783
2020-07-30$282.82$260.0060.0%18.0%49.7%45.4%72.6%7.7%1.2%5.2M-183.7M-1.2M1.1844.38N/AN/A58469021,84125,269
2020-07-31$289.94$260.0057.8%17.0%50.5%42.1%60.8%4.2%-2.1%8.1M-225.0M-1.2M1.1153.97N/AN/A1,4901,66021,81225,653