RNG Options History — July 2022

In July 2022, RNG traded between $48.12 and $61.11. ATM implied volatility averaged 86.7%, placing in the 74.6% IV rank vs the trailing year. The 30-day expected move averaged 25.2%. IV traded below realized volatility by 8.6% (HV 20d: 95.3%). Max pain ranged from $55.00 to $65.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.31.

Notable Days

  • 2022-07-27: Highest Volume — 20,108 contracts
  • 2022-07-11: Largest IV spike — 9.7% change
  • 2022-07-29: Highest IV Rank — 84.1%
  • 2022-07-29: Largest Expected Move — 28.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.55$48.12$61.11$55.00$48.87
Max Pain$57.00$55.00$65.00$65.00$55.00
ATM IV86.7%76.0%92.6%76.0%92.6%
Expected Move25.2%20.4%28.4%20.4%28.4%
HV 20d95.3%87.6%104.9%89.8%91.5%
HV 60d90.4%82.9%93.5%82.9%93.5%
IV Rank74.6%57.7%84.1%57.7%84.1%
IV Percentile94.8%82.1%99.2%82.1%99.2%
Term Structure-1.9%-5.3%4.8%-2.8%-4.4%
VWIV88.0%73.3%98.9%73.3%98.9%
Skew 25d10.4%7.2%16.3%16.3%7.2%
Skew 10d17.4%6.9%22.5%22.1%16.6%
Call IV 25d82.5%66.4%90.9%66.4%90.9%
Put IV 25d93.0%82.7%98.9%82.7%98.1%
Bid-Ask Spread %24.0614.5967.8367.8314.59
Gamma HHI0.130.100.170.140.11
Net GEX301.4K-267.7K1.1M18.0K-197.8K
Net DEX38.1M-5.1M74.7M43.7M60.3M
Net VEX-450.5K-515.3K-378.4K-464.4K-410.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.502.930.662.01
Total Volume15,228.4510,67220,10813,72820,039
Total OI73,589.461,00181,89276,88374,923

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$55.00$65.0076.0%20.4%89.8%57.7%73.3%16.3%-2.8%18.0K43.7M-464.4K0.6667.83N/AN/A8,2875,44145,84631,037
2022-07-05$61.11$55.0082.2%24.7%96.1%67.4%82.0%9.5%1.6%522.0K11.7M-515.3K0.5017.52N/AN/A10,1835,07643,26329,952
2022-07-06$55.62$60.0085.2%25.4%101.2%72.3%86.7%11.9%4.6%275.1K39.2M-482.0K0.7324.06N/AN/A9,3076,75445,59030,975
2022-07-07$58.66$55.0079.6%23.8%103.2%63.4%87.6%11.8%4.8%686.2K20.3M-509.1K0.8420.68N/AN/A8,3797,01647,18231,232
2022-07-08$56.84$60.0082.0%24.3%103.5%67.3%84.6%12.6%1.3%415.0K34.4M-496.7K0.8221.94N/AN/A7,6376,26547,79832,228
2022-07-11$52.01$60.0090.0%25.7%104.9%79.9%89.0%8.9%-0.7%20.0K59.8M-424.3K0.8223.16N/AN/A7,3516,00046,88331,800
2022-07-12$50.94$60.0092.4%25.5%102.3%83.8%87.8%11.3%-3.9%-83.8K64.7M-410.9K0.7927.84N/AN/A7,9386,28547,39632,154
2022-07-13$50.18$60.0091.1%25.4%99.5%81.6%87.9%9.5%-2.3%-164.4K69.5M-402.6K0.6328.57N/AN/A7,6924,84748,20132,715
2022-07-14$48.12$60.0091.7%26.1%99.9%82.6%91.0%7.8%-3.2%-267.7K74.7M-378.4K0.9026.46N/AN/A6,5915,92748,90832,574
2022-07-15$48.93$55.0087.6%24.3%93.2%76.0%87.8%13.3%-4.7%-183.6K73.6M-378.4K0.8531.73N/AN/A8,0496,85049,30032,592
2022-07-18$49.50$55.0089.4%25.4%87.6%79.0%90.0%9.8%-2.3%223.3K41.5M-386.1K1.0623.46N/AN/A6,2086,60534,95226,049
2022-07-19$52.76$55.0086.9%24.8%88.8%75.0%89.4%11.0%-2.5%738.6K24.1M-435.4K1.5219.20N/AN/A4,2426,43036,99226,814
2022-07-20$58.33$55.0084.3%24.2%95.6%70.8%84.2%8.7%-2.9%998.6K-5.1M-495.5K1.3318.37N/AN/A4,9586,59037,11927,444
2022-07-21$58.12$55.0084.0%24.3%95.7%70.5%83.0%10.5%-5.3%1.1M-4.0M-487.6K1.2218.71N/AN/A6,4297,85937,99028,133
2022-07-22$55.03$55.0083.6%24.4%93.4%69.8%83.5%10.3%-2.5%706.7K19.8M-459.5K2.0118.24N/AN/A6,28612,62837,79329,512
2022-07-25$53.97$55.0084.4%25.1%89.2%71.0%86.7%10.8%-2.9%373.0K29.0M-466.8K2.3218.27N/AN/A5,38712,47936,64732,481
2022-07-26$51.27$55.0091.6%27.5%90.2%82.5%93.6%7.4%-2.1%223.0K39.2M-454.0K2.3320.96N/AN/A5,21412,14637,99033,150
2022-07-27$53.22$55.0089.1%27.0%90.1%78.5%94.7%12.0%-3.3%383.1K30.5M-477.6K1.9920.61N/AN/A6,72313,38538,09833,437
2022-07-28$52.49$55.0089.5%27.4%90.1%79.2%97.3%8.3%-4.8%271.2K34.5M-475.1K2.9318.97N/AN/A4,86014,22639,75434,884
2022-07-29$48.87$55.0092.6%28.4%91.5%84.1%98.9%7.2%-4.4%-197.8K60.3M-410.9K2.0114.59N/AN/A6,65213,38740,02634,897