RNG Options History — October 2020

In October 2020, RNG traded between $257.66 and $295.89. ATM implied volatility averaged 59.0%, placing in the 43.9% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 20.7% (HV 20d: 38.3%). Max pain ranged from $260.00 to $270.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.69.

Notable Days

  • 2020-10-20: Highest Volume — 7,558 contracts
  • 2020-10-28: Largest IV spike — 9.1% change
  • 2020-10-07: Highest IV Rank — 47.8%
  • 2020-10-30: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$281.19$257.66$295.89$279.98$257.66
Max Pain$268.64$260.00$270.00$260.00$270.00
ATM IV59.0%55.6%61.6%56.7%59.4%
Expected Move16.9%14.6%18.8%14.7%18.8%
HV 20d38.3%30.9%57.3%57.3%40.5%
HV 60d49.3%47.0%52.8%52.8%48.6%
IV Rank43.9%38.9%47.8%40.4%44.4%
IV Percentile65.3%52.0%74.6%60.3%64.7%
Term Structure-1.1%-4.4%8.0%5.6%-1.3%
VWIV59.5%51.7%66.2%51.7%66.2%
Skew 25d3.1%0.9%5.1%0.9%4.3%
Skew 10d6.4%3.0%12.3%10.6%12.3%
Call IV 25d57.3%51.8%61.2%54.3%58.4%
Put IV 25d60.4%55.2%65.6%55.2%62.7%
Bid-Ask Spread %51.9744.0664.9264.9249.56
Gamma HHI0.090.040.160.070.09
Net GEX4.0M-2.7M7.9M5.2M-2.7M
Net DEX-114.9M-202.2M39.9M-153.5M39.9M
Net VEX-1.1M-1.2M-959.4K-1.2M-959.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.191.690.441.69
Total Volume2,335.0451,0007,5582,1922,319
Total OI36,819.31830,57440,32139,72036,828

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$279.98$260.0056.7%14.7%57.3%40.4%51.7%0.9%5.6%5.2M-153.5M-1.2M0.4464.92N/AN/A1,52466820,07019,650
2020-10-02$277.18$260.0057.1%14.6%46.9%41.0%52.5%5.0%8.0%6.7M-138.5M-1.2M0.4264.68N/AN/A1,93480620,52119,800
2020-10-05$274.68$270.0060.8%17.6%45.6%46.5%61.3%4.4%-1.9%3.4M-108.8M-1.2M0.7848.39N/AN/A1,14489719,44818,251
2020-10-06$281.43$270.0061.0%17.6%45.1%46.9%61.3%3.5%-0.7%5.2M-151.0M-1.2M0.6546.92N/AN/A1,09270519,90718,633
2020-10-07$290.12$270.0061.6%17.4%46.0%47.8%62.6%5.1%-0.4%6.8M-202.2M-1.2M0.6849.44N/AN/A1,42496920,04418,942
2020-10-08$281.10$270.0060.5%16.7%44.7%46.1%58.7%2.8%-2.0%5.6M-143.6M-1.1M0.4153.27N/AN/A1,87076520,29219,261
2020-10-09$287.72$270.0058.4%16.3%37.1%43.0%57.5%2.8%0.3%7.9M-179.5M-1.1M0.4652.96N/AN/A68531520,61219,616
2020-10-12$286.62$270.0058.9%16.4%36.2%43.8%57.3%3.0%-2.4%6.8M-160.6M-1.1M0.5652.78N/AN/A78644019,56316,897
2020-10-13$284.83$270.0059.7%16.5%33.3%45.0%57.7%2.7%-2.2%7.1M-151.3M-1.1M0.3653.65N/AN/A1,14841619,94717,024
2020-10-14$277.60$270.0061.0%17.0%35.0%46.8%59.2%1.6%-1.8%5.3M-108.9M-1.0M0.8355.51N/AN/A1,14695220,45617,245
2020-10-15$275.47$270.0060.2%16.8%33.2%45.7%59.7%2.1%-1.8%4.1M-93.7M-1.1M1.1957.29N/AN/A1,1531,36720,89017,748
2020-10-16$281.60$270.0058.9%16.6%32.6%43.8%57.2%2.2%-1.9%6.0M-132.1M-1.1M1.0564.18N/AN/A94098421,28518,374
2020-10-19$283.40$270.0060.1%17.2%30.9%45.6%58.9%3.6%-2.9%1.9M-102.9M-1.0M0.6847.51N/AN/A66044714,55916,015
2020-10-20$295.89$270.0059.4%17.0%33.9%44.5%59.6%3.3%-2.6%3.5M-159.5M-1.0M0.3946.16N/AN/A5,4552,10314,86616,139
2020-10-21$291.94$270.0058.3%16.7%33.3%42.9%60.3%2.3%-1.5%5.8M-165.5M-1.1M1.1145.90N/AN/A1,7161,90518,06617,573
2020-10-22$283.88$260.0057.7%16.7%34.8%41.9%59.5%1.3%-4.4%4.0M-108.9M-1.1M0.5444.06N/AN/A1,42877318,08617,867
2020-10-23$285.38$270.0055.6%16.1%32.6%38.9%57.8%1.6%-1.6%3.9M-109.0M-1.1M0.7348.64N/AN/A2,4641,79617,90018,201
2020-10-26$283.39$270.0057.8%17.4%32.6%42.1%60.5%4.4%-1.4%1.5M-78.2M-1.0M0.2948.83N/AN/A1,13633216,35918,245
2020-10-27$287.65$270.0055.8%17.0%32.9%39.1%60.4%3.0%-1.8%2.3M-102.3M-1.0M1.2249.31N/AN/A55066916,34518,345
2020-10-28$271.17$270.0060.9%18.8%39.2%46.7%65.5%3.7%-2.8%-812.5K-19.7M-1.0M0.4549.46N/AN/A1,01745616,48218,272
2020-10-29$267.50$270.0058.8%18.2%38.6%43.6%63.0%4.5%-2.1%-1.7M1.5M-966.8K0.1949.96N/AN/A1,69931616,77818,623
2020-10-30$257.66$270.0059.4%18.8%40.5%44.4%66.2%4.3%-1.3%-2.7M39.9M-959.4K1.6949.56N/AN/A8611,45818,06718,761