RNG Options History — September 2020

In September 2020, RNG traded between $249.49 and $309.76. ATM implied volatility averaged 58.9%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 2.1% (HV 20d: 56.8%). Max pain ranged from $260.00 to $280.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2020-09-17: Highest Volume — 10,280 contracts
  • 2020-09-02: Largest IV spike — 8.3% change
  • 2020-09-08: Highest IV Rank — 58.7%
  • 2020-09-08: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$267.83$249.49$309.76$309.76$274.15
Max Pain$263.81$260.00$280.00$280.00$260.00
ATM IV58.9%54.1%69.0%56.5%55.2%
Expected Move16.6%14.6%18.8%17.0%14.6%
HV 20d56.8%48.0%61.9%48.0%56.9%
HV 60d55.7%52.5%58.1%55.2%52.9%
IV Rank43.8%36.7%58.7%40.2%38.2%
IV Percentile67.4%54.4%85.7%65.5%56.3%
Term Structure0.7%-3.1%5.5%-0.2%2.7%
VWIV58.0%50.2%66.4%58.0%50.2%
Skew 25d5.0%2.5%6.9%3.6%5.7%
Skew 10d10.6%5.0%17.8%11.4%11.8%
Call IV 25d56.9%50.9%65.8%54.7%50.9%
Put IV 25d61.9%56.6%71.2%58.4%56.6%
Bid-Ask Spread %64.3952.2373.2162.7668.24
Gamma HHI0.110.060.280.080.07
Net GEX-1.1M-7.2M4.9M4.9M3.6M
Net DEX-45.2M-249.2M65.4M-249.2M-117.1M
Net VEX-1.2M-1.3M-1.1M-1.2M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.302.830.300.66
Total Volume3,341.6671,32010,2802,9362,082
Total OI39,341.23832,52746,90832,52739,111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$309.76$280.0056.5%17.0%48.0%40.2%58.0%3.6%-0.2%4.9M-249.2M-1.2M0.3062.76N/AN/A2,26267417,90514,622
2020-09-02$302.75$280.0061.2%16.7%48.5%47.1%59.7%3.5%-0.2%4.0M-215.0M-1.2M2.8352.23N/AN/A9802,77318,32114,925
2020-09-03$276.05$270.0063.9%17.9%58.9%51.1%63.5%5.1%0.1%-2.0M-51.3M-1.3M1.8362.87N/AN/A2,7705,06718,54716,988
2020-09-04$267.59$270.0066.0%18.3%52.8%54.2%64.3%5.5%0.3%-2.6M12.2M-1.3M0.7762.40N/AN/A1,6001,22720,03219,732
2020-09-08$260.57$260.0069.0%18.8%53.6%58.7%66.4%5.4%-3.1%-2.7M9.8M-1.2M0.8364.29N/AN/A1,9341,61419,13617,846
2020-09-09$260.43$260.0063.7%17.9%48.8%50.9%63.5%5.7%-1.6%-4.0M18.4M-1.2M1.0764.32N/AN/A81187119,81418,674
2020-09-10$273.64$270.0061.9%17.3%52.3%48.2%61.6%5.4%-1.7%-1.2M-59.1M-1.2M1.0970.43N/AN/A1,0461,14020,14718,877
2020-09-11$255.79$270.0058.9%16.5%56.4%43.8%58.0%5.2%-1.7%-7.2M61.6M-1.1M1.6372.20N/AN/A1,6492,69120,49819,246
2020-09-14$263.26$260.0057.5%16.5%57.7%41.7%57.9%4.8%1.3%-1.9M-15.9M-1.1M1.1666.43N/AN/A1,0751,24620,32217,577
2020-09-15$254.01$260.0056.7%16.2%57.1%40.4%55.9%3.8%1.3%-3.2M37.8M-1.1M0.9273.21N/AN/A2,5392,32520,77218,101
2020-09-16$256.73$260.0058.0%16.6%57.4%42.4%58.2%6.0%0.3%-3.1M20.2M-1.2M0.6473.11N/AN/A1,7581,11822,39619,579
2020-09-17$249.49$260.0059.9%17.1%58.0%45.2%59.7%5.6%1.1%-3.7M65.4M-1.1M0.9970.35N/AN/A5,1775,10322,54119,847
2020-09-18$256.80$260.0057.3%16.3%59.2%41.3%57.3%5.0%0.9%-1.9M4.7M-1.2M1.4269.74N/AN/A1,3841,96325,48221,426
2020-09-21$265.43$260.0057.1%16.6%60.8%41.1%56.6%6.9%2.0%668.8K-66.5M-1.2M1.2458.17N/AN/A1,6262,01020,58619,382
2020-09-22$268.29$260.0055.5%15.6%60.5%38.7%54.7%5.0%-0.6%542.9K-74.8M-1.2M0.3859.48N/AN/A2,15082720,53020,402
2020-09-23$262.79$260.0056.6%16.3%60.8%40.4%56.1%5.3%1.4%-436.2K-49.1M-1.2M0.9757.88N/AN/A1,2651,22720,85220,728
2020-09-24$259.60$260.0057.2%16.3%60.0%41.3%57.8%5.8%1.1%-1.5M-22.3M-1.2M0.9860.18N/AN/A71170020,93321,240
2020-09-25$269.50$260.0054.1%15.1%61.9%36.7%54.1%4.2%1.4%-5.7M-91.0M-1.2M0.5259.33N/AN/A1,16460421,17121,313
2020-09-28$268.00$260.0055.1%15.1%61.2%38.1%52.9%2.5%5.5%1.6M-80.9M-1.2M1.1461.12N/AN/A61670419,10818,927
2020-09-29$269.78$260.0055.7%15.0%61.3%39.0%52.5%5.2%4.2%2.0M-87.9M-1.2M0.7463.45N/AN/A97571719,27419,256
2020-09-30$274.15$260.0055.2%14.6%56.9%38.2%50.2%5.7%2.7%3.6M-117.1M-1.2M0.6668.24N/AN/A1,25482819,65519,456