RNG Options History — June 2021

In June 2021, RNG traded between $245.48 and $307.65. ATM implied volatility averaged 40.3%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 3.0% (HV 20d: 43.3%). Max pain ranged from $260.00 to $300.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.72.

Notable Days

2021-06-11: Highest Volume — 18,381 contracts
2021-06-11: Largest IV spike — 16.1% change
2021-06-11: Highest IV Rank — 18.8%
2021-06-01: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$276.70	$245.48	$307.65	$253.28	$292.43
Max Pain	$288.30	$260.00	$300.00	$260.00	$292.50
ATM IV	40.3%	37.3%	44.0%	41.1%	41.6%
Expected Move	11.4%	10.8%	12.6%	12.6%	11.1%
HV 20d	43.3%	34.0%	63.4%	63.4%	37.6%
HV 60d	47.6%	46.4%	49.3%	49.2%	46.7%
IV Rank	7.7%	0.0%	18.8%	6.6%	13.5%
IV Percentile	4.0%	0.0%	9.5%	2.4%	9.5%
Term Structure	0.8%	-4.0%	5.2%	-1.0%	2.0%
VWIV	40.6%	38.8%	44.1%	42.6%	40.6%
Skew 25d	1.7%	-5.2%	7.8%	0.9%	1.1%
Skew 10d	2.9%	-2.3%	10.7%	1.8%	1.6%
Call IV 25d	40.4%	37.6%	49.1%	41.0%	40.7%
Put IV 25d	42.1%	39.2%	47.8%	41.9%	41.8%
Bid-Ask Spread %	68.59	60.03	80.05	61.76	65.75
Gamma HHI	0.10	0.07	0.22	0.10	0.07
Net GEX	4.5M	-2.6M	11.8M	1.4M	2.5M
Net DEX	-129.9M	-262.7M	50.2M	2.6M	-154.6M
Net VEX	-1.7M	-1.8M	-1.6M	-1.6M	-1.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.06	2.61	0.80	0.36
Total Volume	3,455.773	1,164	18,381	2,942	1,328
Total OI	41,993.318	38,054	47,728	38,054	41,099

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-06-01	$253.28	$260.00	41.1%	12.6%	63.4%	6.6%	42.6%	0.9%	-1.0%	1.4M	2.6M	-1.6M	0.80	61.76	N/A	N/A	1,639	1,303	21,896	16,158
2021-06-02	$256.29	$260.00	40.7%	11.9%	59.7%	5.3%	42.5%	7.6%	2.9%	1.3M	-11.0M	-1.6M	0.38	60.03	N/A	N/A	1,415	532	22,698	17,938
2021-06-03	$248.08	$300.00	44.0%	11.5%	60.4%	16.1%	41.0%	2.8%	-4.0%	-2.6M	38.7M	-1.6M	0.60	72.20	N/A	N/A	871	525	23,257	18,219
2021-06-04	$245.48	$300.00	42.0%	11.6%	48.2%	9.7%	40.5%	5.1%	-1.1%	-1.9M	50.2M	-1.6M	1.45	71.54	N/A	N/A	1,138	1,653	23,663	18,511
2021-06-07	$251.88	$290.00	42.5%	11.8%	48.7%	11.3%	40.7%	2.3%	5.2%	582.0K	11.8M	-1.6M	0.43	71.33	N/A	N/A	946	403	22,320	17,025
2021-06-08	$254.43	$290.00	40.6%	11.7%	48.5%	4.9%	40.3%	3.7%	0.2%	1.5M	-4.4M	-1.6M	0.49	69.31	N/A	N/A	780	384	22,680	17,137
2021-06-09	$262.57	$290.00	38.9%	11.6%	48.7%	0.0%	40.5%	7.8%	0.8%	3.2M	-56.6M	-1.7M	0.41	68.41	N/A	N/A	1,844	764	22,835	17,384
2021-06-10	$268.02	$290.00	37.3%	11.3%	42.7%	0.0%	40.1%	2.7%	3.7%	4.5M	-98.5M	-1.7M	0.34	73.36	N/A	N/A	1,970	671	23,399	17,680
2021-06-11	$274.32	$290.00	43.4%	12.3%	39.2%	18.8%	44.1%	-5.2%	-0.8%	6.7M	-154.3M	-1.8M	0.06	76.49	N/A	N/A	17,357	1,024	24,216	17,987
2021-06-14	$273.87	$290.00	39.1%	11.1%	39.3%	5.4%	40.2%	-0.8%	0.9%	8.0M	-147.1M	-1.8M	0.21	72.08	N/A	N/A	4,977	1,070	29,028	17,114
2021-06-15	$267.21	$290.00	38.7%	11.1%	39.5%	4.1%	39.9%	0.6%	1.3%	4.8M	-86.6M	-1.7M	0.50	74.97	N/A	N/A	1,830	917	28,488	17,526
2021-06-16	$269.43	$290.00	39.0%	11.2%	39.3%	5.3%	39.9%	0.6%	0.8%	5.9M	-106.1M	-1.7M	0.69	80.05	N/A	N/A	1,659	1,141	28,569	17,960
2021-06-17	$284.77	$290.00	39.1%	11.2%	42.5%	5.5%	40.3%	-0.2%	0.9%	11.8M	-237.1M	-1.8M	0.45	77.59	N/A	N/A	2,548	1,140	28,815	18,047
2021-06-18	$287.96	$290.00	39.1%	11.3%	39.3%	5.6%	40.2%	0.0%	-0.8%	10.7M	-253.0M	-1.8M	0.30	78.83	N/A	N/A	2,140	652	28,876	18,852
2021-06-21	$286.38	$290.00	39.7%	11.1%	36.8%	7.3%	40.5%	-1.9%	-1.3%	5.0M	-169.5M	-1.8M	0.78	60.24	N/A	N/A	934	724	23,053	16,272
2021-06-22	$297.60	$290.00	39.1%	11.3%	37.7%	5.7%	38.8%	1.3%	1.0%	6.5M	-239.1M	-1.8M	0.46	62.39	N/A	N/A	1,357	622	23,312	16,751
2021-06-23	$296.99	$290.00	40.9%	11.6%	37.1%	11.0%	41.1%	0.5%	0.7%	6.3M	-232.0M	-1.8M	1.91	61.66	N/A	N/A	2,037	3,894	23,455	17,052
2021-06-24	$303.07	$290.00	39.5%	11.1%	36.7%	6.8%	39.9%	-0.4%	1.3%	6.3M	-262.7M	-1.8M	0.28	61.84	N/A	N/A	991	281	23,669	18,368
2021-06-25	$302.25	$290.00	39.4%	10.8%	36.4%	6.3%	38.8%	2.4%	1.3%	6.8M	-253.7M	-1.8M	0.98	61.70	N/A	N/A	1,150	1,125	23,706	18,682
2021-06-28	$307.65	$290.00	41.2%	11.0%	36.5%	12.0%	40.5%	2.6%	2.1%	5.5M	-259.7M	-1.8M	1.25	63.05	N/A	N/A	590	737	22,710	17,279
2021-06-29	$303.41	$290.00	40.1%	11.2%	34.0%	8.6%	40.4%	3.5%	1.9%	5.1M	-235.5M	-1.8M	2.61	64.41	N/A	N/A	1,931	5,033	22,836	17,331
2021-06-30	$292.43	$292.50	41.6%	11.1%	37.6%	13.5%	40.6%	1.1%	2.0%	2.5M	-154.6M	-1.7M	0.36	65.75	N/A	N/A	979	349	22,946	18,153