RNG Options History — December 2021

In December 2021, RNG traded between $177.13 and $214.67. ATM implied volatility averaged 55.8%, placing in the 69.8% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded below realized volatility by 22.0% (HV 20d: 77.8%). Max pain ranged from $220.00 to $260.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2021-12-23: Highest Volume — 15,056 contracts
  • 2021-12-03: Largest IV spike — 14.9% change
  • 2021-12-03: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$192.44$177.13$214.67$201.60$188.34
Max Pain$235.00$220.00$260.00$260.00$240.00
ATM IV55.8%45.6%64.0%56.0%45.6%
Expected Move16.1%13.6%20.5%17.2%13.6%
HV 20d77.8%69.1%90.0%85.4%70.0%
HV 60d65.7%59.3%68.9%59.4%66.9%
IV Rank69.8%31.1%100.0%74.5%31.1%
IV Percentile87.8%43.3%100.0%95.6%43.3%
Term Structure-0.0%-7.6%2.6%0.3%0.8%
VWIV58.5%49.7%78.5%60.6%49.7%
Skew 25d3.1%0.8%8.3%3.8%1.5%
Skew 10d4.9%-2.3%14.1%7.2%1.8%
Call IV 25d55.6%46.4%64.2%53.4%46.4%
Put IV 25d58.8%47.9%69.1%57.2%47.9%
Bid-Ask Spread %64.6054.7171.4355.5864.94
Gamma HHI0.090.060.120.100.08
Net GEX171.5K-2.7M2.0M-1.7M652.3K
Net DEX106.1M32.2M186.9M131.6M74.7M
Net VEX-1.3M-1.4M-1.2M-1.2M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.371.430.610.78
Total Volume10,101.6827,92415,0568,9798,078
Total OI60,257.40951,40470,81651,40459,659

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$201.60$260.0056.0%17.2%85.4%74.5%60.6%3.8%0.3%-1.7M131.6M-1.2M0.6155.58N/AN/A5,5773,40229,50121,903
2021-12-02$199.52$260.0055.7%17.1%85.2%73.3%61.1%2.6%1.6%-2.0M140.1M-1.2M0.6566.79N/AN/A5,4543,56730,85822,975
2021-12-03$191.32$260.0064.0%20.5%86.0%100.0%78.5%8.3%1.8%-2.7M170.7M-1.2M1.1466.75N/AN/A6,8667,81131,29723,490
2021-12-06$199.45$240.0061.0%17.1%87.7%88.8%61.1%0.8%1.4%-791.5K120.4M-1.3M0.8067.36N/AN/A6,0864,86531,22325,046
2021-12-07$209.11$240.0056.0%15.8%89.8%69.9%57.9%3.8%-0.3%267.9K72.1M-1.4M0.6971.43N/AN/A6,0674,17531,49425,302
2021-12-08$214.67$240.0058.9%15.8%90.0%80.7%55.4%2.2%-1.6%522.0K49.6M-1.4M0.5570.06N/AN/A7,2293,98931,78925,706
2021-12-09$184.00$240.0058.4%16.4%74.7%79.2%62.2%3.0%-0.5%-1.8M186.9M-1.2M0.7668.82N/AN/A7,3525,60633,59425,843
2021-12-10$185.05$230.0057.3%16.1%74.9%74.7%58.4%3.6%-0.8%-535.6K171.3M-1.2M0.8466.26N/AN/A5,4984,59236,76327,001
2021-12-13$190.10$230.0057.1%16.3%75.5%74.1%58.7%3.2%-0.8%-569.7K140.3M-1.3M0.6367.89N/AN/A6,5314,08635,86026,818
2021-12-14$185.50$230.0056.1%16.9%75.1%70.3%61.3%2.5%2.6%-69.2K146.8M-1.2M0.7566.93N/AN/A5,2553,92038,00327,147
2021-12-15$182.16$220.0062.4%16.6%75.0%94.2%63.3%6.2%-3.0%24.4K159.4M-1.2M0.7369.70N/AN/A5,0903,73338,90027,343
2021-12-16$177.13$220.0058.8%17.2%74.7%80.4%65.3%0.8%1.8%-376.5K178.5M-1.2M1.4368.56N/AN/A4,8316,91439,55027,309
2021-12-17$184.73$220.0062.5%17.1%77.6%94.6%62.3%1.9%-2.2%1.3M148.4M-1.3M0.6366.46N/AN/A5,5173,46540,10030,716
2021-12-20$189.37$220.0059.4%16.9%76.5%82.7%62.7%3.2%2.3%1.1M69.1M-1.4M0.5754.71N/AN/A6,0163,45832,88324,938
2021-12-21$193.83$220.0055.2%15.8%75.6%67.1%57.9%3.0%0.0%1.6M46.1M-1.4M0.6055.79N/AN/A5,4493,29634,94825,737
2021-12-22$193.09$220.0053.3%15.3%75.5%59.8%53.5%5.1%-1.1%1.6M54.1M-1.4M0.7759.46N/AN/A5,4274,17835,61325,900
2021-12-23$192.86$220.0051.2%15.0%73.8%52.2%51.5%5.5%-7.6%1.7M61.4M-1.3M0.3760.66N/AN/A10,9984,05835,84426,813
2021-12-27$190.78$240.0052.6%14.9%73.3%57.3%52.6%0.8%0.4%760.0K73.3M-1.4M0.6463.72N/AN/A5,4753,51733,56825,837
2021-12-28$193.24$240.0051.5%14.1%73.6%53.0%51.5%3.3%0.0%1.2M59.2M-1.4M0.7262.88N/AN/A4,9293,53933,82625,858
2021-12-29$193.04$240.0046.2%13.8%73.4%33.2%50.8%1.6%2.2%1.4M49.0M-1.3M0.7365.55N/AN/A4,8603,55733,86925,471
2021-12-30$194.76$240.0049.1%13.8%69.1%44.2%50.8%2.1%2.2%2.0M32.2M-1.3M0.8660.97N/AN/A4,2543,67034,06325,305
2021-12-31$188.34$240.0045.6%13.6%70.0%31.1%49.7%1.5%0.8%652.3K74.7M-1.3M0.7864.94N/AN/A4,5443,53434,14025,519