RNG Options History — April 2022

In April 2022, RNG traded between $83.98 and $124.34. ATM implied volatility averaged 75.9%, placing in the 81.5% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 16.1% (HV 20d: 59.7%). Max pain ranged from $125.00 to $145.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2022-04-08: Highest Volume — 13,358 contracts
  • 2022-04-11: Largest IV spike — 12.8% change
  • 2022-04-25: Highest IV Rank — 100.0%
  • 2022-04-29: Largest Expected Move — 27.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.84$83.98$124.34$120.53$85.50
Max Pain$139.00$125.00$145.00$145.00$125.00
ATM IV75.9%60.7%88.1%60.7%88.1%
Expected Move22.0%18.1%27.6%18.7%27.6%
HV 20d59.7%48.0%71.4%69.9%50.6%
HV 60d70.7%68.6%73.0%72.4%69.2%
IV Rank81.5%50.8%100.0%50.8%100.0%
IV Percentile93.0%80.2%100.0%80.2%100.0%
Term Structure-1.7%-7.4%8.2%8.2%-0.8%
VWIV80.2%63.0%98.3%68.6%98.3%
Skew 25d7.7%0.6%16.5%2.8%8.3%
Skew 10d12.6%-3.6%23.2%11.4%9.4%
Call IV 25d73.4%57.8%87.4%57.8%86.2%
Put IV 25d81.1%60.6%96.6%60.6%94.4%
Bid-Ask Spread %46.5835.1257.3456.1741.75
Gamma HHI0.140.120.160.140.14
Net GEX-469.3K-843.5K351.8K203.4K-696.4K
Net DEX96.0M39.6M127.7M54.5M121.7M
Net VEX-680.6K-834.1K-498.2K-832.2K-550.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.532.790.800.82
Total Volume10,158.21,94013,35810,6149,536
Total OI55,544.6550,80060,07455,19360,074

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$120.53$145.0060.7%18.7%69.9%50.8%68.6%2.8%8.2%203.4K54.5M-832.2K0.8056.17N/AN/A5,9114,70330,44824,745
2022-04-04$124.34$145.0064.5%18.1%70.5%59.2%63.0%3.8%-1.7%351.8K39.6M-834.1K0.8551.75N/AN/A5,5474,71928,88423,873
2022-04-05$120.49$145.0072.8%18.8%71.4%77.2%66.3%12.8%-7.4%-40.1K59.4M-822.6K0.8750.25N/AN/A5,6294,92029,11524,668
2022-04-06$117.51$145.0072.5%19.4%70.7%76.4%70.2%5.9%-2.3%-345.1K72.3M-790.7K0.9151.86N/AN/A5,2474,79329,31025,103
2022-04-07$115.32$145.0070.3%19.8%68.1%71.7%72.0%16.5%6.8%-471.1K82.5M-769.8K0.9352.86N/AN/A5,6075,24129,52325,271
2022-04-08$112.71$145.0066.9%19.9%65.1%64.3%78.1%0.9%-0.4%-449.4K93.1M-752.8K1.3751.00N/AN/A5,6297,72930,10725,713
2022-04-11$112.13$145.0075.5%20.7%62.4%83.0%74.1%0.6%-2.2%-574.5K94.6M-755.1K0.7454.92N/AN/A5,7364,26828,30726,673
2022-04-12$108.50$140.0074.3%20.5%63.2%80.3%74.9%7.0%-1.2%-629.3K107.6M-718.3K0.6048.56N/AN/A6,4733,87828,76826,816
2022-04-13$110.50$140.0069.6%19.8%61.8%70.2%76.9%11.4%-2.1%-639.3K100.6M-738.3K0.8055.92N/AN/A6,3515,07529,99527,092
2022-04-14$106.98$140.0073.0%20.1%56.3%77.5%79.1%11.2%-4.8%-445.8K110.4M-704.6K0.8457.34N/AN/A6,6595,58130,23727,537
2022-04-18$102.64$140.0075.1%21.5%53.4%82.1%81.7%6.8%-3.4%-378.2K90.1M-667.7K1.2341.25N/AN/A4,4295,43626,20524,595
2022-04-19$105.63$140.0073.4%20.9%55.0%78.4%81.6%6.9%-2.4%-258.9K82.0M-702.7K1.2439.57N/AN/A4,6915,81826,62325,396
2022-04-20$100.20$140.0076.1%21.8%52.4%84.3%84.5%9.7%0.0%-566.9K101.6M-629.2K0.8338.17N/AN/A6,3025,21526,95426,336
2022-04-21$93.27$140.0080.7%23.2%56.1%94.2%81.7%9.5%-2.6%-782.4K116.4M-586.9K0.7038.53N/AN/A6,6724,69728,60427,275
2022-04-22$92.16$135.0081.5%23.7%56.0%96.0%82.7%8.9%-4.1%-605.6K112.8M-600.3K0.8939.51N/AN/A5,5434,91329,72727,305
2022-04-25$91.77$135.0086.0%25.2%55.3%100.0%87.9%7.2%-4.2%-661.1K112.0M-588.5K0.8138.14N/AN/A5,8114,69628,58926,767
2022-04-26$85.39$130.0088.0%26.8%57.6%100.0%91.3%9.2%-4.1%-820.8K122.2M-533.0K0.5344.65N/AN/A5,6102,99130,00727,313
2022-04-27$83.98$130.0085.7%26.6%48.0%95.5%97.6%7.9%-2.9%-843.5K127.7M-498.2K2.7935.12N/AN/A5121,42830,57627,544
2022-04-28$87.20$130.0082.7%25.8%51.0%89.7%93.6%7.8%-2.6%-733.2K119.8M-537.1K0.8644.33N/AN/A4,9264,24230,90627,912
2022-04-29$85.50$125.0088.1%27.6%50.6%100.0%98.3%8.3%-0.8%-696.4K121.7M-550.3K0.8241.75N/AN/A5,2294,30731,12528,949