RNG Options History — January 2022

In January 2022, RNG traded between $156.75 and $191.72. ATM implied volatility averaged 64.8%, placing in the 81.0% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded above realized volatility by 9.8% (HV 20d: 55.0%). Max pain ranged from $180.00 to $230.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.95.

Notable Days

  • 2022-01-19: Highest Volume — 9,238 contracts
  • 2022-01-10: Largest IV spike — 12.3% change
  • 2022-01-18: Highest IV Rank — 100.0%
  • 2022-01-27: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$173.18$156.75$191.72$191.72$174.94
Max Pain$193.25$180.00$230.00$230.00$185.00
ATM IV64.8%47.6%82.4%47.6%73.9%
Expected Move19.5%13.5%24.8%13.5%22.2%
HV 20d55.0%39.7%68.7%68.7%66.0%
HV 60d68.7%65.7%73.1%65.7%73.1%
IV Rank81.0%38.5%100.0%38.5%81.2%
IV Percentile92.4%60.3%100.0%60.3%98.0%
Term Structure-0.4%-7.8%7.3%4.4%-5.8%
VWIV69.2%47.9%85.7%47.9%78.6%
Skew 25d6.5%0.4%11.6%2.0%6.5%
Skew 10d9.6%-0.8%28.9%5.6%12.0%
Call IV 25d62.8%48.1%81.1%48.1%70.3%
Put IV 25d69.3%50.1%89.4%50.1%76.8%
Bid-Ask Spread %60.9854.7067.3762.2560.02
Gamma HHI0.090.080.110.080.09
Net GEX-877.8K-3.1M2.4M1.2M-468.3K
Net DEX115.9M48.4M177.5M56.6M48.4M
Net VEX-1.1M-1.2M-880.5K-1.2M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.751.230.751.12
Total Volume7,861.356,3289,2387,3376,652
Total OI53,605.5539,11861,24157,19540,557

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$191.72$230.0047.6%13.5%68.7%38.5%47.9%2.0%4.4%1.2M56.6M-1.2M0.7562.25N/AN/A4,1893,14832,25524,940
2022-01-04$184.44$230.0049.0%14.5%68.2%43.9%51.6%5.1%6.0%582.0K94.8M-1.2M0.8367.37N/AN/A3,8583,20832,77525,152
2022-01-05$174.20$230.0052.4%15.3%67.9%56.6%55.5%4.2%-2.2%-784.6K145.1M-1.1M0.8465.42N/AN/A3,9073,29433,10525,223
2022-01-06$174.72$190.0051.9%18.4%66.8%54.7%63.4%5.6%4.8%-972.4K142.5M-1.1M0.9065.76N/AN/A4,4203,96233,22925,401
2022-01-07$172.60$190.0053.5%18.3%39.8%60.5%66.2%8.3%3.8%-1.2M156.9M-1.1M0.9161.67N/AN/A4,5044,07833,51526,103
2022-01-10$173.44$190.0060.0%18.4%39.7%85.2%65.8%11.6%4.3%-1.1M150.3M-1.1M0.9561.58N/AN/A4,0793,89132,59725,624
2022-01-11$189.12$190.0055.3%17.9%50.0%67.6%63.5%0.4%7.3%1.7M55.9M-1.2M0.9255.40N/AN/A4,7224,34233,40326,227
2022-01-12$188.72$190.0060.2%17.5%49.2%85.8%61.9%4.0%0.9%2.4M57.1M-1.2M1.0961.68N/AN/A4,0174,39534,40126,666
2022-01-13$180.73$190.0057.9%18.0%51.3%77.1%63.7%6.0%5.0%439.1K107.9M-1.2M0.9755.52N/AN/A4,1944,07734,51426,425
2022-01-14$176.92$190.0063.2%18.8%50.9%97.1%65.5%4.7%5.1%-2.6M138.9M-1.1M1.0059.41N/AN/A4,3604,36534,60726,634
2022-01-18$167.00$190.0069.2%20.0%52.2%100.0%69.7%6.6%-4.1%-2.7M177.5M-995.7K0.8954.70N/AN/A4,2723,81832,30926,006
2022-01-19$169.20$190.0068.2%19.6%51.5%96.9%68.2%7.7%-5.2%-2.8M164.9M-1.0M0.7861.97N/AN/A5,1854,05333,45125,904
2022-01-20$169.33$185.0067.1%19.3%50.4%93.4%67.2%7.2%-2.9%-3.1M155.4M-1.0M0.9659.30N/AN/A4,4324,27633,74325,890
2022-01-21$168.02$180.0071.9%21.0%50.4%100.0%80.0%8.2%-7.7%-3.0M165.1M-997.1K0.8463.87N/AN/A4,5443,80834,01026,271
2022-01-24$172.79$180.0077.4%22.9%51.9%100.0%84.2%10.3%-5.7%-686.9K61.0M-1.1M0.9558.75N/AN/A3,2513,07720,45718,661
2022-01-25$161.93$180.0075.9%23.6%56.0%96.3%85.7%7.0%-2.0%-1.0M96.2M-947.0K0.9862.97N/AN/A3,1963,13720,80618,746
2022-01-26$157.26$180.0082.4%24.0%55.9%100.0%82.4%10.0%-7.8%-1.2M116.4M-880.5K0.9063.68N/AN/A3,6483,29220,97019,102
2022-01-27$156.75$190.0082.1%24.8%55.9%99.4%81.1%8.2%-3.0%-1.1M116.6M-899.7K1.2359.54N/AN/A3,5824,41321,34719,280
2022-01-28$159.76$185.0075.9%22.9%56.5%85.7%82.0%5.7%-2.4%-1.1M110.9M-918.1K1.0958.67N/AN/A3,6233,95821,66320,142
2022-01-31$174.94$185.0073.9%22.2%66.0%81.2%78.6%6.5%-5.8%-468.3K48.4M-1.1M1.1260.02N/AN/A3,1313,52121,08919,468