RNG Options History — August 2021

In August 2021, RNG traded between $243.10 and $269.76. ATM implied volatility averaged 44.2%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 3.3% (HV 20d: 41.0%). Max pain ranged from $260.00 to $275.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.87.

Notable Days

  • 2021-08-04: Highest Volume — 7,399 contracts
  • 2021-08-04: Largest IV drop — 16.3% change
  • 2021-08-03: Highest IV Rank — 58.8%
  • 2021-08-03: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$254.46$243.10$269.76$269.66$252.61
Max Pain$265.11$260.00$275.00$275.00$260.00
ATM IV44.2%41.2%55.9%54.0%42.0%
Expected Move12.6%11.1%16.3%16.1%11.7%
HV 20d41.0%37.4%47.4%41.5%38.0%
HV 60d40.5%38.2%42.9%42.1%38.2%
IV Rank21.7%12.2%58.8%52.8%14.8%
IV Percentile22.6%9.1%81.7%76.2%11.9%
Term Structure-0.3%-5.7%1.0%-1.5%0.3%
VWIV45.5%40.2%57.7%56.6%42.6%
Skew 25d2.3%-1.0%4.8%2.6%2.2%
Skew 10d5.0%0.7%8.4%4.7%4.9%
Call IV 25d44.3%40.7%54.3%54.3%42.7%
Put IV 25d46.6%43.4%58.7%56.8%44.9%
Bid-Ask Spread %64.6855.8575.2857.5862.66
Gamma HHI0.100.080.270.090.10
Net GEX3.3M-479.3K11.5M2.5M2.0M
Net DEX-29.6M-89.2M31.1M-87.4M-21.9M
Net VEX-1.4M-1.6M-1.3M-1.6M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.233.510.231.32
Total Volume1,999.8187067,3992,1611,398
Total OI39,655.04534,68743,50734,68738,738

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$269.66$275.0054.0%16.1%41.5%52.8%56.6%2.6%-1.5%2.5M-87.4M-1.6M0.2357.58N/AN/A1,75540620,14814,539
2021-08-03$269.76$275.0055.9%16.3%37.4%58.8%57.7%4.8%-5.7%2.5M-87.2M-1.6M1.6462.99N/AN/A1,8272,99620,31514,675
2021-08-04$258.78$272.5046.8%13.1%39.5%29.9%48.0%1.1%-1.8%2.3M-34.7M-1.5M0.4365.33N/AN/A5,1692,23021,43314,875
2021-08-05$249.03$270.0044.2%12.5%40.5%21.6%44.9%-1.0%-0.6%-479.3K31.1M-1.4M0.5363.36N/AN/A2,9981,57522,92217,416
2021-08-06$246.75$270.0042.5%12.2%40.1%16.4%43.9%2.5%0.2%2.2M11.8M-1.4M0.9364.84N/AN/A82276525,94617,514
2021-08-09$262.63$270.0042.9%12.5%47.0%17.6%44.0%2.2%0.6%5.1M-89.2M-1.6M0.9565.53N/AN/A1,3801,30724,29015,054
2021-08-10$256.68$270.0043.5%12.4%47.4%19.4%45.2%3.0%-0.1%4.6M-56.2M-1.5M0.2565.26N/AN/A1,36633624,63015,136
2021-08-11$251.75$270.0043.1%12.5%46.6%18.2%44.2%3.2%0.7%3.2M-19.8M-1.5M0.3666.83N/AN/A94233824,94916,077
2021-08-12$250.95$270.0042.8%12.4%46.3%17.4%45.6%2.0%0.6%3.0M-13.6M-1.5M1.1068.59N/AN/A40044225,34416,236
2021-08-13$252.99$260.0042.8%12.3%46.0%17.1%45.0%3.0%0.1%4.6M-27.3M-1.5M0.8967.35N/AN/A81672625,88416,425
2021-08-16$244.31$270.0043.7%12.6%42.2%20.3%45.8%3.0%-1.0%2.6M21.8M-1.4M0.6271.17N/AN/A91256124,98016,052
2021-08-17$243.10$260.0043.9%12.6%39.1%20.8%44.8%2.7%0.8%2.1M31.0M-1.4M0.9971.22N/AN/A45444925,49216,328
2021-08-18$249.70$260.0044.1%12.6%40.6%21.4%46.2%2.0%0.2%3.8M-8.5M-1.4M0.4575.28N/AN/A1,02345625,98016,700
2021-08-19$250.67$260.0044.4%12.7%39.8%22.2%45.1%2.1%0.3%4.4M-11.7M-1.4M0.2772.95N/AN/A64117426,04216,897
2021-08-20$251.14$260.0042.8%12.2%39.4%17.2%43.5%1.4%1.0%11.5M-19.8M-1.4M0.4074.50N/AN/A72829426,30117,206
2021-08-23$254.13$260.0041.2%11.6%39.7%12.2%41.4%2.7%0.4%1.9M-33.3M-1.4M0.6256.74N/AN/A94758721,40315,580
2021-08-24$258.57$260.0043.1%12.2%38.3%18.1%42.7%2.4%0.2%2.7M-54.6M-1.4M0.5658.93N/AN/A45325321,50815,671
2021-08-25$256.49$260.0042.8%11.7%37.9%17.3%44.7%2.1%-0.9%3.1M-47.5M-1.4M3.5157.93N/AN/A3051,07222,02616,019
2021-08-26$254.58$260.0042.6%11.7%37.9%16.5%46.7%1.6%-0.7%2.8M-40.7M-1.4M1.6758.10N/AN/A43272222,17016,140
2021-08-27$257.99$260.0041.3%11.1%37.9%12.5%40.2%2.3%0.5%4.3M-54.6M-1.4M0.7155.85N/AN/A76454522,33917,067
2021-08-30$255.85$260.0042.3%12.1%37.9%15.7%42.5%2.0%-0.4%1.9M-38.9M-1.4M0.7359.93N/AN/A1,29094021,89216,072
2021-08-31$252.61$260.0042.0%11.7%38.0%14.8%42.6%2.2%0.3%2.0M-21.9M-1.3M1.3262.66N/AN/A60279622,35916,379