RNG Options History — November 2021

In November 2021, RNG traded between $214.25 and $282.19. ATM implied volatility averaged 52.0%, placing in the 60.4% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 11.8% (HV 20d: 63.8%). Max pain ranged from $230.00 to $270.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.76.

Notable Days

  • 2021-11-10: Highest Volume — 23,767 contracts
  • 2021-11-10: Largest IV drop — 16.7% change
  • 2021-11-09: Highest IV Rank — 100.0%
  • 2021-11-09: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$241.35$214.25$282.19$251.37$216.80
Max Pain$251.90$230.00$270.00$230.00$260.00
ATM IV52.0%46.3%62.4%47.2%53.8%
Expected Move15.1%13.2%17.7%14.9%16.3%
HV 20d63.8%30.7%83.1%37.6%82.2%
HV 60d50.1%37.4%58.3%39.5%58.1%
IV Rank60.4%35.7%100.0%43.5%65.7%
IV Percentile83.7%54.0%100.0%65.1%92.9%
Term Structure-0.0%-4.1%4.6%-0.4%3.0%
VWIV54.1%47.1%63.6%53.7%55.0%
Skew 25d1.7%-2.2%5.9%3.1%1.3%
Skew 10d3.8%-2.0%8.0%5.8%6.5%
Call IV 25d52.6%45.7%65.5%46.0%53.4%
Put IV 25d54.3%49.1%66.8%49.1%54.7%
Bid-Ask Spread %58.9949.2071.0854.5357.06
Gamma HHI0.080.050.440.110.07
Net GEX2.9M-979.5K13.1M5.0M2.0K
Net DEX-92.0M-431.8M108.4M-181.6M67.7M
Net VEX-1.5M-1.6M-1.3M-1.5M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.491.131.130.52
Total Volume12,0638,79723,7678,8689,411
Total OI51,909.09544,27760,11044,27751,090

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$251.37$230.0047.2%14.9%37.6%43.5%53.7%3.1%-0.4%5.0M-181.6M-1.5M1.1354.53N/AN/A4,1624,70625,27419,003
2021-11-02$247.88$230.0051.0%16.4%38.4%59.9%57.6%2.2%-1.9%4.6M-156.7M-1.5M0.8352.46N/AN/A5,6994,70825,48719,232
2021-11-03$241.63$230.0051.0%17.4%36.5%60.0%61.3%-0.8%0.3%3.5M-123.1M-1.5M0.7754.57N/AN/A6,0074,63527,10519,439
2021-11-04$240.58$230.0058.0%15.3%30.7%90.6%57.2%-2.2%-2.7%3.6M-126.8M-1.5M1.0070.30N/AN/A4,9244,94528,16019,587
2021-11-05$233.91$230.0058.6%14.8%32.3%93.4%55.5%1.3%0.3%1.2M-77.6M-1.5M0.8356.51N/AN/A5,2974,38428,46819,947
2021-11-08$229.96$230.0057.8%15.9%32.9%89.8%59.3%1.0%-1.3%2.4M-60.2M-1.5M1.0649.20N/AN/A4,2804,51727,27619,330
2021-11-09$234.64$230.0062.4%17.7%33.5%100.0%63.6%1.3%1.0%2.2M-86.9M-1.5M1.0250.41N/AN/A5,7625,86827,70920,430
2021-11-10$282.19$230.0052.0%14.7%71.1%58.5%53.2%0.9%0.8%5.8M-431.8M-1.5M0.5860.87N/AN/A15,0418,72629,32223,230
2021-11-11$270.31$250.0046.3%13.4%73.5%35.7%47.9%3.3%0.7%4.7M-331.5M-1.5M0.7465.35N/AN/A7,7415,76032,66026,213
2021-11-12$275.18$260.0048.7%13.2%73.5%45.5%47.1%5.9%-3.4%5.9M-366.4M-1.5M1.0365.83N/AN/A6,6016,83033,24426,866
2021-11-15$264.30$260.0049.2%14.2%75.0%47.3%48.6%0.7%2.8%1.7M-230.4M-1.5M0.7971.08N/AN/A8,9377,02329,90623,279
2021-11-16$256.55$270.0048.5%13.9%76.0%44.5%50.0%1.4%0.8%2.2M-131.5M-1.6M0.7268.20N/AN/A6,9114,97530,92323,738
2021-11-17$247.10$270.0048.3%13.9%77.3%43.8%49.9%1.3%-0.1%2.3M-50.5M-1.6M0.7165.15N/AN/A7,1485,10231,46824,529
2021-11-18$244.23$270.0048.1%13.9%76.9%43.0%50.2%1.0%-0.9%2.8M-41.7M-1.6M0.6068.63N/AN/A8,5835,19133,44524,919
2021-11-19$229.54$270.0050.5%14.3%79.9%52.6%52.0%1.3%1.3%13.1M65.9M-1.4M0.7067.99N/AN/A8,2785,77234,81024,291
2021-11-22$217.67$270.0050.5%14.5%81.8%52.6%51.5%2.4%-4.1%-809.2K93.7M-1.3M0.6650.28N/AN/A7,5074,97328,55520,929
2021-11-23$214.25$270.0052.0%15.4%81.8%58.6%54.7%4.6%0.1%-979.5K108.4M-1.3M0.6252.28N/AN/A7,9434,88829,38421,957
2021-11-24$222.38$270.0050.6%14.7%83.1%52.8%52.6%1.7%0.4%-199.9K58.3M-1.4M0.5752.41N/AN/A6,7223,81430,73522,865
2021-11-26$226.00$270.0056.7%16.6%83.0%77.3%58.8%2.2%-1.5%1.1M35.2M-1.5M0.4954.47N/AN/A7,1773,49631,20123,327
2021-11-29$221.92$260.0050.7%15.4%83.1%53.3%55.6%2.2%4.6%687.6K35.3M-1.4M0.5451.12N/AN/A5,7723,10729,35021,408
2021-11-30$216.80$260.0053.8%16.3%82.2%65.7%55.0%1.3%3.0%2.0K67.7M-1.3M0.5257.06N/AN/A6,2023,20929,49621,594