RNG Options History — January 2021

In January 2021, RNG traded between $360.37 and $389.98. ATM implied volatility averaged 51.9%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 18.1% (HV 20d: 33.9%). Max pain ranged from $370.00 to $380.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.75.

Notable Days

  • 2021-01-08: Highest Volume — 6,439 contracts
  • 2021-01-11: Largest IV spike — 8.1% change
  • 2021-01-29: Highest IV Rank — 37.8%
  • 2021-01-27: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$379.11$360.37$389.98$382.07$371.19
Max Pain$379.08$370.00$380.00$380.00$380.00
ATM IV51.9%46.3%57.2%48.6%57.2%
Expected Move15.3%14.3%17.5%14.8%17.3%
HV 20d33.9%29.8%37.6%34.5%35.9%
HV 60d46.8%45.1%47.7%47.0%45.6%
IV Rank30.5%23.8%37.8%27.4%37.8%
IV Percentile37.5%21.4%55.6%31.7%55.6%
Term Structure0.8%-1.5%5.8%3.5%-1.1%
VWIV53.9%50.7%61.2%52.0%59.6%
Skew 25d3.9%2.5%5.6%2.8%5.6%
Skew 10d7.2%4.9%10.7%6.5%8.6%
Call IV 25d50.4%44.7%55.4%47.3%55.4%
Put IV 25d54.4%47.9%61.0%50.1%61.0%
Bid-Ask Spread %44.7139.4951.1640.3047.42
Gamma HHI0.120.040.370.070.05
Net GEX-1.1M-12.3M8.2M3.5M-1.4M
Net DEX-161.2M-326.3M-6.9M-276.9M-36.7M
Net VEX-1.1M-1.2M-1.0M-1.1M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.623.520.843.14
Total Volume2,069.6848866,4391,8672,513
Total OI29,642.05320,17838,79732,20023,115

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$382.07$380.0048.6%14.8%34.5%27.4%52.0%2.8%3.5%3.5M-276.9M-1.1M0.8440.30N/AN/A1,01485314,60217,598
2021-01-05$383.54$380.0046.4%14.6%33.8%24.0%51.2%3.1%5.8%3.3M-283.1M-1.1M0.7743.79N/AN/A65650614,71218,129
2021-01-06$371.10$380.0046.3%14.6%34.4%23.8%50.7%3.4%5.5%1.5M-211.6M-1.1M0.7142.92N/AN/A2,0061,42714,92118,380
2021-01-07$388.74$380.0047.4%14.4%37.6%25.5%51.3%3.5%5.4%4.8M-326.3M-1.1M0.6744.51N/AN/A2,1011,39915,56519,234
2021-01-08$387.30$380.0047.8%14.3%35.8%26.1%51.0%3.3%5.1%1.4M-293.4M-1.1M1.7644.46N/AN/A2,3354,10415,35219,927
2021-01-11$384.74$380.0051.7%14.9%35.4%32.0%53.8%4.2%-0.8%188.3K-245.5M-1.1M0.7646.52N/AN/A67150715,19021,444
2021-01-12$389.98$380.0052.7%14.9%35.4%30.7%53.3%4.1%-1.2%2.0M-283.9M-1.1M2.7647.36N/AN/A32188615,59421,701
2021-01-13$389.09$380.0053.8%14.7%35.6%32.4%52.6%5.5%-1.5%964.1K-272.1M-1.1M0.6248.45N/AN/A57835915,58722,441
2021-01-14$377.68$380.0054.4%15.0%37.5%33.3%54.5%2.5%-1.4%-3.1M-187.1M-1.1M1.6651.16N/AN/A9201,52315,67822,539
2021-01-15$370.67$380.0052.7%15.0%35.2%30.6%51.6%4.4%-0.1%8.2M-147.3M-1.1M3.0550.32N/AN/A5971,82215,82122,976
2021-01-19$373.82$380.0053.6%15.3%29.8%32.2%53.7%4.0%-1.0%-6.7M-41.9M-1.1M0.8439.49N/AN/A6185179,11514,292
2021-01-20$380.50$370.0052.5%15.1%30.6%30.4%52.1%3.5%-1.0%-7.4M-73.9M-1.1M1.3040.09N/AN/A4836309,52114,480
2021-01-21$376.33$375.0051.7%14.8%30.2%29.1%51.8%4.0%-0.1%-9.9M-50.9M-1.1M1.9441.14N/AN/A5311,0289,67114,656
2021-01-22$383.96$377.5051.5%14.8%30.5%28.9%51.9%3.8%-0.1%-12.3M-104.4M-1.1M3.5243.70N/AN/A6172,1709,91414,933
2021-01-25$382.36$380.0053.0%15.6%30.5%31.2%55.2%3.8%-0.8%-557.9K-98.3M-1.0M1.7542.98N/AN/A4948668,00012,178
2021-01-26$377.02$380.0053.2%15.8%30.8%31.5%55.7%4.1%-1.0%-1.2M-75.9M-1.1M2.0842.67N/AN/A2885988,20812,808
2021-01-27$360.37$380.0056.2%17.5%33.6%36.2%60.9%5.2%1.5%-2.6M-6.9M-1.2M1.6247.54N/AN/A7051,1418,38613,957
2021-01-28$372.64$380.0056.0%17.0%36.0%35.9%61.2%3.9%-1.0%-2.4M-45.7M-1.2M3.3944.64N/AN/A3511,1898,56414,010
2021-01-29$371.19$380.0057.2%17.3%35.9%37.8%59.6%5.6%-1.1%-1.4M-36.7M-1.2M3.1447.42N/AN/A6071,9068,67514,440