RNG Options History — May 2022

In May 2022, RNG traded between $58.27 and $89.19. ATM implied volatility averaged 81.2%, placing in the 71.8% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded below realized volatility by 0.3% (HV 20d: 81.4%). Max pain ranged from $80.00 to $125.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.53.

Notable Days

2022-05-27: Highest Volume — 25,440 contracts
2022-05-10: Largest IV drop — 18.5% change
2022-05-03: Highest IV Rank — 100.0%
2022-05-03: Largest Expected Move — 29.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.28	$58.27	$89.19	$86.55	$63.30
Max Pain	$101.19	$80.00	$125.00	$125.00	$80.00
ATM IV	81.2%	67.9%	102.6%	87.0%	71.4%
Expected Move	24.0%	19.6%	29.9%	29.0%	22.3%
HV 20d	81.4%	46.3%	100.6%	49.6%	100.2%
HV 60d	74.3%	67.3%	79.9%	67.9%	76.2%
IV Rank	71.8%	46.8%	100.0%	97.8%	52.2%
IV Percentile	90.6%	72.6%	100.0%	99.2%	77.0%
Term Structure	-1.3%	-8.0%	4.1%	-4.1%	-0.5%
VWIV	84.1%	69.9%	104.9%	104.2%	77.7%
Skew 25d	10.6%	7.0%	15.0%	9.0%	8.7%
Skew 10d	16.2%	2.7%	30.0%	7.3%	21.3%
Call IV 25d	78.6%	67.1%	98.2%	85.0%	68.8%
Put IV 25d	89.2%	75.5%	110.2%	94.1%	77.5%
Bid-Ask Spread %	62.14	35.16	80.17	38.25	57.70
Gamma HHI	0.10	0.05	0.19	0.13	0.09
Net GEX	-471.8K	-1.8M	470.4K	-727.8K	358.0K
Net DEX	105.5M	37.3M	159.4M	115.3M	37.7M
Net VEX	-469.2K	-553.3K	-344.9K	-553.3K	-539.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.31	1.02	0.70	0.57
Total Volume	17,911.143	9,836	25,440	9,836	20,449
Total OI	68,091.429	57,705	77,708	57,705	73,402

Daily Data (21 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
2022-05-02	$86.55	$125.00	87.0%	29.0%	49.6%	97.8%	104.2%	9.0%	-4.1%	-727.8K	115.3M	-553.3K	0.70	38.25	N/A	N/A	5,775	4,061	30,406	27,299
2022-05-03	$84.40	$125.00	88.4%	29.9%	46.3%	100.0%	104.9%	7.9%	-4.8%	-824.2K	122.0M	-521.5K	0.73	35.16	N/A	N/A	5,835	4,243	30,881	27,882
2022-05-04	$89.19	$120.00	83.9%	29.1%	53.0%	91.1%	102.4%	9.0%	2.3%	-1.8M	133.1M	-493.2K	0.68	44.39	N/A	N/A	6,117	4,140	31,471	31,050
2022-05-05	$80.18	$115.00	87.2%	23.7%	62.2%	97.7%	89.9%	10.1%	-2.1%	-1.2M	139.0M	-486.8K	0.63	62.11	N/A	N/A	6,910	4,380	32,189	31,432
2022-05-06	$76.44	$115.00	94.5%	25.7%	63.0%	100.0%	86.5%	10.0%	-5.0%	-1.3M	146.2M	-455.2K	0.63	61.93	N/A	N/A	7,083	4,455	33,284	31,967
2022-05-09	$69.03	$115.00	102.6%	28.9%	69.3%	100.0%	97.7%	12.0%	-0.1%	-927.0K	143.4M	-394.6K	0.68	62.52	N/A	N/A	9,209	6,281	30,424	31,506
2022-05-10	$68.06	$110.00	83.6%	23.3%	69.0%	70.9%	86.0%	11.0%	-1.5%	-1.1M	159.4M	-344.9K	0.31	69.68	N/A	N/A	17,141	5,334	34,008	34,206
2022-05-11	$62.09	$110.00	87.8%	25.8%	73.0%	77.4%	85.6%	7.0%	1.7%	-806.8K	148.9M	-350.8K	1.02	68.57	N/A	N/A	10,299	10,550	34,344	34,892
2022-05-12	$61.49	$110.00	88.4%	26.0%	71.3%	78.3%	86.6%	9.9%	2.6%	-834.5K	144.4M	-372.0K	0.36	71.35	N/A	N/A	17,607	6,267	36,123	35,604
2022-05-13	$69.46	$110.00	78.8%	22.2%	89.2%	63.5%	80.0%	14.8%	-1.4%	-627.1K	113.0M	-499.5K	0.39	73.14	N/A	N/A	14,879	5,767	37,660	36,125
2022-05-16	$62.89	$110.00	79.6%	22.8%	93.2%	64.8%	83.2%	15.0%	-3.0%	-323.5K	121.6M	-440.8K	0.36	72.13	N/A	N/A	13,591	4,848	36,199	34,632
2022-05-17	$64.11	$105.00	74.9%	21.5%	92.5%	57.6%	75.1%	11.1%	-5.2%	-168.2K	112.1M	-461.6K	0.45	78.28	N/A	N/A	13,653	6,101	37,869	34,372
2022-05-18	$60.42	$90.00	80.7%	23.1%	92.8%	66.4%	78.3%	14.2%	-8.0%	-267.7K	112.3M	-449.3K	0.36	76.59	N/A	N/A	13,193	4,707	39,439	35,451
2022-05-19	$65.05	$90.00	75.0%	21.6%	97.4%	57.7%	75.8%	11.8%	0.2%	-34.8K	95.4M	-510.1K	0.46	75.29	N/A	N/A	13,499	6,260	40,281	35,400
2022-05-20	$63.84	$85.00	76.1%	22.0%	97.4%	59.4%	77.0%	13.2%	-0.6%	150.8K	99.1M	-508.4K	0.51	80.17	N/A	N/A	13,869	7,066	40,892	36,816
2022-05-23	$61.71	$85.00	72.4%	21.5%	97.4%	53.8%	76.3%	9.8%	0.8%	-3.4K	57.3M	-492.4K	0.51	53.25	N/A	N/A	12,389	6,332	34,738	29,439
2022-05-24	$58.27	$85.00	78.2%	23.3%	96.5%	62.6%	79.0%	9.5%	-2.0%	-94.6K	66.9M	-460.1K	0.48	54.24	N/A	N/A	12,624	6,114	35,296	29,516
2022-05-25	$60.44	$80.00	73.7%	22.4%	98.5%	55.7%	75.6%	9.4%	0.9%	16.3K	59.7M	-481.9K	0.43	56.96	N/A	N/A	13,894	5,924	36,354	29,553
2022-05-26	$61.91	$80.00	72.4%	21.2%	97.6%	53.8%	74.5%	10.1%	-2.0%	145.9K	51.6M	-502.3K	0.43	55.11	N/A	N/A	13,840	6,008	39,100	29,280
2022-05-27	$65.15	$80.00	67.9%	19.6%	100.6%	46.8%	69.9%	8.4%	4.1%	470.4K	37.3M	-534.9K	0.42	58.13	N/A	N/A	17,861	7,579	39,712	29,426
2022-05-31	$63.30	$80.00	71.4%	22.3%	100.2%	52.2%	77.7%	8.7%	-0.5%	358.0K	37.7M	-539.4K	0.57	57.70	N/A	N/A	13,035	7,414	43,281	30,121