RNG Options History — December 2022

In December 2022, RNG traded between $33.16 and $41.80. ATM implied volatility averaged 65.9%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded below realized volatility by 12.4% (HV 20d: 78.3%). Max pain ranged from $37.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.80.

Notable Days

  • 2022-12-20: Highest Volume — 10,428 contracts
  • 2022-12-27: Largest IV spike — 6.6% change
  • 2022-12-27: Highest IV Rank — 40.6%
  • 2022-12-01: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.56$33.16$41.80$38.75$35.13
Max Pain$39.90$37.00$45.00$40.00$37.00
ATM IV65.9%62.9%68.8%64.3%67.8%
Expected Move19.0%17.9%19.8%19.8%19.1%
HV 20d78.3%54.7%122.2%122.2%61.4%
HV 60d86.0%84.0%87.6%84.9%87.6%
IV Rank35.5%30.3%40.6%32.8%39.0%
IV Percentile22.5%13.9%33.7%19.4%28.2%
Term Structure0.5%-2.0%2.9%-0.5%2.3%
VWIV65.4%57.3%70.3%70.3%65.1%
Skew 25d6.3%4.4%7.6%6.3%6.2%
Skew 10d11.4%5.9%15.2%13.7%13.3%
Call IV 25d63.2%60.3%65.6%61.4%64.6%
Put IV 25d69.4%67.1%72.7%67.7%70.8%
Bid-Ask Spread %57.028.0983.6062.3057.50
Gamma HHI0.090.080.150.090.08
Net GEX743.7K148.1K1.7M851.1K924.1K
Net DEX-37.8M-84.6M-16.5M-51.6M-39.1M
Net VEX-540.0K-602.6K-478.7K-590.4K-519.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.146.060.670.48
Total Volume3,572.76264110,4282,2651,162
Total OI114,973.048103,392127,713115,538108,717

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$38.75$40.0064.3%19.8%122.2%32.8%70.3%6.3%-0.5%851.1K-51.6M-590.4K0.6762.30N/AN/A1,35990671,42544,113
2022-12-02$38.12$40.0064.9%19.7%121.1%33.9%68.9%4.4%-0.3%1.1M-47.7M-587.5K0.5564.20N/AN/A62034372,02044,283
2022-12-05$36.23$45.0066.8%19.4%117.5%37.2%65.4%6.2%1.2%356.7K-29.3M-539.8K0.7482.75N/AN/A36927271,11543,854
2022-12-06$35.83$40.0067.3%19.6%117.5%38.0%67.7%6.4%0.1%245.6K-24.5M-531.1K0.9283.60N/AN/A93085371,25543,994
2022-12-07$35.36$40.0068.5%19.7%117.7%40.2%67.8%7.5%0.7%148.1K-22.3M-530.8K5.5479.87N/AN/A4112,27872,03144,517
2022-12-08$36.26$40.0066.6%19.6%115.2%36.8%66.6%7.1%1.9%345.3K-31.0M-538.6K1.0965.77N/AN/A1,3801,50172,29144,923
2022-12-09$36.77$40.0064.8%19.2%67.9%33.7%66.4%5.8%1.6%562.7K-35.8M-548.0K5.5378.16N/AN/A6893,81073,33345,492
2022-12-12$37.66$40.0066.9%18.6%61.3%37.4%66.1%5.0%-1.4%664.1K-42.8M-548.1K0.4120.90N/AN/A1,07344572,18147,896
2022-12-13$39.24$40.0063.8%17.9%62.6%31.9%61.5%7.0%-2.0%1.1M-56.3M-566.5K0.9082.89N/AN/A1,1601,04772,72948,229
2022-12-14$41.80$40.0062.9%18.2%62.2%30.3%62.5%6.2%0.7%1.7M-84.6M-602.6K0.7781.00N/AN/A4,9843,83073,47248,830
2022-12-15$39.82$40.0064.0%18.2%56.4%32.3%63.0%5.3%-0.8%1.3M-64.0M-586.9K0.5922.28N/AN/A1,16068876,17850,635
2022-12-16$39.80$40.0063.7%18.2%54.7%31.7%62.6%5.3%-0.3%1.6M-60.6M-580.4K0.9534.16N/AN/A97892976,62251,091
2022-12-19$36.42$40.0066.1%18.9%63.5%36.0%65.4%6.3%-0.3%856.7K-34.7M-516.7K0.7650.83N/AN/A1,23794567,42635,966
2022-12-20$35.66$40.0065.2%18.7%63.7%34.4%64.8%5.5%0.9%757.2K-28.7M-504.0K3.5167.88N/AN/A2,3128,11668,15236,657
2022-12-21$35.47$40.0064.3%18.4%62.5%32.8%57.3%6.8%0.9%545.7K-23.7M-540.8K2.8668.35N/AN/A1,1743,36070,02344,340
2022-12-22$33.66$40.0066.3%19.0%63.2%36.2%69.6%6.4%-0.9%327.4K-17.7M-514.3K3.2927.44N/AN/A9423,10070,90244,058
2022-12-23$33.63$40.0064.5%18.2%63.1%33.1%64.0%5.7%2.2%366.9K-16.5M-511.7K6.0634.58N/AN/A1,2377,49971,71845,405
2022-12-27$33.36$40.0068.8%19.3%62.7%40.6%64.6%6.7%0.2%465.5K-21.0M-480.3K0.148.09N/AN/A2,74039371,18733,404
2022-12-28$33.16$39.0068.4%19.7%62.7%40.1%67.2%7.6%2.9%529.5K-20.2M-478.7K1.1461.41N/AN/A1,6161,84072,59333,581
2022-12-29$35.57$37.0067.3%18.8%64.7%38.0%66.6%7.5%0.7%928.5K-41.6M-523.3K0.8963.38N/AN/A2,8212,51973,55334,243
2022-12-30$35.13$37.0067.8%19.1%61.4%39.0%65.1%6.2%2.3%924.1K-39.1M-519.8K0.4857.50N/AN/A78437875,10233,615