RNG Options History — February 2022

In February 2022, RNG traded between $125.69 and $174.25. ATM implied volatility averaged 74.0%, placing in the 80.8% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 3.0% (HV 20d: 71.0%). Max pain ranged from $160.00 to $200.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.28.

Notable Days

2022-02-23: Highest Volume — 21,393 contracts
2022-02-23: Largest IV drop — 11.5% change
2022-02-18: Highest IV Rank — 100.0%
2022-02-22: Largest Expected Move — 25.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$156.16	$125.69	$174.25	$174.25	$130.38
Max Pain	$186.58	$160.00	$200.00	$185.00	$160.00
ATM IV	74.0%	63.3%	83.3%	72.4%	65.5%
Expected Move	20.8%	17.9%	25.7%	18.2%	19.2%
HV 20d	71.0%	61.6%	88.6%	65.5%	88.5%
HV 60d	67.9%	63.5%	74.9%	73.1%	71.6%
IV Rank	80.8%	56.6%	100.0%	77.8%	61.3%
IV Percentile	95.8%	88.9%	100.0%	97.6%	89.3%
Term Structure	-2.4%	-5.8%	4.0%	-5.2%	-2.8%
VWIV	72.0%	59.0%	93.0%	63.5%	62.8%
Skew 25d	7.8%	-3.6%	17.6%	5.9%	10.2%
Skew 10d	16.7%	4.6%	29.0%	11.4%	25.0%
Call IV 25d	71.9%	60.3%	91.9%	71.4%	61.8%
Put IV 25d	79.7%	69.7%	90.1%	77.3%	72.1%
Bid-Ask Spread %	60.73	54.13	67.14	63.90	64.26
Gamma HHI	0.11	0.04	0.23	0.10	0.05
Net GEX	-1.4M	-5.6M	135.2K	-526.8K	-522.2K
Net DEX	96.0M	49.8M	173.8M	51.2M	105.5M
Net VEX	-949.5K	-1.1M	-709.0K	-1.0M	-901.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.28	0.62	1.71	1.11	0.74
Total Volume	11,592.263	7,098	21,393	7,098	14,748
Total OI	45,517.158	41,002	55,625	41,002	51,212

Daily Data (19 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
2022-02-01	$174.25	$185.00	72.4%	18.2%	65.5%	77.8%	63.5%	5.9%	-5.2%	-526.8K	51.2M	-1.0M	1.11	63.90	N/A	N/A	3,368	3,730	21,325	19,677
2022-02-02	$168.32	$180.00	72.6%	18.1%	65.2%	78.3%	64.9%	6.6%	-2.9%	-1.2M	74.5M	-992.2K	1.16	67.14	N/A	N/A	3,333	3,859	21,770	20,488
2022-02-03	$155.67	$200.00	77.6%	20.7%	67.9%	89.4%	72.5%	6.7%	-4.0%	-1.9M	121.1M	-888.3K	1.53	62.39	N/A	N/A	3,891	5,948	22,097	20,823
2022-02-04	$161.09	$200.00	76.0%	20.7%	69.3%	85.8%	70.8%	6.8%	-3.7%	-2.0M	104.0M	-1.0M	1.52	65.89	N/A	N/A	4,022	6,115	22,679	22,134
2022-02-07	$159.92	$200.00	77.4%	21.2%	69.2%	88.8%	73.7%	7.1%	-2.1%	-1.9M	102.0M	-992.5K	1.71	59.20	N/A	N/A	3,355	5,728	21,866	21,111
2022-02-08	$165.40	$200.00	76.9%	20.2%	70.4%	87.7%	71.8%	4.9%	-5.1%	-1.5M	82.1M	-1.0M	1.65	54.20	N/A	N/A	3,451	5,678	22,057	21,272
2022-02-09	$172.93	$195.00	72.9%	19.9%	64.8%	79.0%	70.3%	17.6%	-3.8%	-518.0K	51.0M	-1.1M	1.55	58.02	N/A	N/A	3,753	5,809	22,245	21,419
2022-02-10	$172.02	$195.00	75.2%	20.4%	64.8%	84.0%	71.2%	9.8%	-4.7%	-516.1K	49.8M	-1.1M	1.58	55.95	N/A	N/A	3,683	5,822	22,513	21,600
2022-02-11	$166.40	$195.00	78.8%	21.6%	64.1%	92.0%	75.4%	0.1%	-5.8%	-1.4M	75.1M	-1.0M	1.50	58.67	N/A	N/A	3,602	5,399	22,661	21,682
2022-02-14	$167.46	$195.00	76.7%	21.8%	63.8%	87.3%	76.2%	9.2%	-1.7%	-1.4M	70.8M	-988.6K	1.65	64.21	N/A	N/A	3,510	5,776	22,278	21,294
2022-02-15	$173.11	$195.00	70.7%	20.3%	61.6%	74.0%	71.9%	8.0%	-3.1%	-450.1K	51.0M	-1.0M	1.28	62.46	N/A	N/A	4,291	5,513	22,365	21,858
2022-02-16	$164.40	$195.00	73.9%	21.2%	64.2%	81.2%	72.0%	7.5%	-1.6%	-2.6M	88.2M	-972.1K	1.21	59.97	N/A	N/A	4,579	5,524	23,274	22,154
2022-02-17	$156.32	$190.00	75.8%	21.9%	66.5%	85.4%	76.0%	9.3%	-3.4%	-5.6M	134.2M	-884.9K	1.16	63.45	N/A	N/A	5,271	6,093	23,630	22,190
2022-02-18	$147.02	$185.00	83.3%	24.1%	69.6%	100.0%	81.9%	11.7%	-2.3%	-1.1M	173.8M	-805.6K	1.27	54.13	N/A	N/A	8,050	10,244	24,291	22,519
2022-02-22	$148.67	$175.00	79.3%	25.7%	68.7%	91.3%	93.0%	-3.6%	3.3%	135.2K	78.6M	-945.3K	1.16	59.29	N/A	N/A	5,956	6,896	23,815	17,822
2022-02-23	$125.69	$175.00	70.2%	21.1%	87.3%	71.5%	73.6%	10.9%	0.2%	-1.4M	155.3M	-709.0K	0.62	57.01	N/A	N/A	13,187	8,206	26,093	21,493
2022-02-24	$129.98	$165.00	67.0%	20.4%	88.6%	64.5%	67.6%	10.0%	-0.2%	-802.0K	124.2M	-826.4K	1.04	61.50	N/A	N/A	7,063	7,314	29,693	23,801
2022-02-25	$127.98	$160.00	63.3%	17.9%	88.6%	56.6%	59.0%	9.4%	4.0%	-752.8K	131.3M	-819.1K	0.82	62.20	N/A	N/A	9,630	7,856	30,437	25,188
2022-02-28	$130.38	$160.00	65.5%	19.2%	88.5%	61.3%	62.8%	10.2%	-2.8%	-522.2K	105.5M	-901.4K	0.74	64.26	N/A	N/A	8,468	6,280	28,189	23,023