RNG Options History — February 2023

In February 2023, RNG traded between $33.25 and $48.44. ATM implied volatility averaged 73.5%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded below realized volatility by 12.9% (HV 20d: 86.4%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.38.

Notable Days

  • 2023-02-23: Highest Volume — 29,327 contracts
  • 2023-02-16: Largest IV drop — 25.8% change
  • 2023-02-15: Highest IV Rank — 62.3%
  • 2023-02-01: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.45$33.25$48.44$42.34$33.25
Max Pain$37.32$35.00$40.00$39.00$40.00
ATM IV73.5%60.5%84.9%73.8%60.5%
Expected Move20.7%17.2%26.0%26.0%17.2%
HV 20d86.4%54.5%121.5%54.5%117.1%
HV 60d75.6%59.7%83.8%83.8%80.8%
IV Rank37.9%10.0%62.3%38.6%10.0%
IV Percentile46.0%3.2%81.7%56.7%3.2%
Term Structure-2.2%-6.0%0.3%-2.4%-0.2%
VWIV72.9%60.1%93.7%93.7%60.1%
Skew 25d5.1%2.5%10.5%10.5%4.4%
Skew 10d9.7%5.2%20.4%20.4%8.8%
Call IV 25d71.6%58.5%85.3%68.0%58.5%
Put IV 25d76.7%62.8%89.6%78.5%62.8%
Bid-Ask Spread %23.6513.8846.4432.4518.88
Gamma HHI0.120.090.150.100.15
Net GEX941.7K-284.5K1.9M1.6M-101.7K
Net DEX-73.0M-174.2M19.8M-107.1M19.8M
Net VEX-550.5K-620.5K-463.9K-566.5K-506.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.234.670.750.89
Total Volume8,744.1051,38529,3273,6912,671
Total OI106,863.42190,661132,87090,661129,884

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$42.34$39.0073.8%26.0%54.5%38.6%93.7%10.5%-2.4%1.6M-107.1M-566.5K0.7532.45N/AN/A2,1111,58060,65830,003
2023-02-02$45.62$35.0082.0%21.6%58.9%55.9%77.1%3.5%-2.7%1.6M-143.2M-592.9K0.4221.97N/AN/A6,3522,67360,74931,234
2023-02-03$44.34$35.0079.9%21.2%56.4%51.5%76.7%5.9%-3.3%1.8M-130.7M-593.5K2.0140.81N/AN/A1,9283,88463,41532,734
2023-02-06$43.10$35.0081.2%21.5%58.3%54.4%75.5%4.8%-6.0%1.4M-109.4M-587.0K0.5624.44N/AN/A1,58089061,57531,049
2023-02-07$45.30$35.0079.2%21.5%59.5%50.1%77.4%5.8%-4.3%1.6M-132.6M-601.9K0.2314.85N/AN/A1,93044262,93131,741
2023-02-08$44.15$35.0081.0%22.0%60.9%53.8%75.3%4.9%-5.0%1.6M-124.3M-588.2K1.0516.53N/AN/A67670964,41132,011
2023-02-09$43.28$35.0082.1%22.7%61.8%56.2%79.5%4.8%-3.5%1.4M-113.3M-587.6K2.5021.05N/AN/A1,1832,95464,60032,408
2023-02-10$40.98$35.0083.1%23.2%65.8%58.4%82.6%4.3%-3.4%947.6K-85.7M-569.1K1.2216.70N/AN/A2,1792,66365,28534,973
2023-02-13$43.22$35.0083.3%23.5%67.8%58.8%83.5%5.7%-1.2%1.3M-110.5M-582.0K0.6716.50N/AN/A1,43195264,36534,662
2023-02-14$45.05$35.0084.4%24.0%68.8%61.2%84.0%5.0%-4.8%1.5M-131.1M-601.7K0.3439.33N/AN/A2,89299265,11035,317
2023-02-15$48.44$35.0084.9%24.3%71.8%62.3%85.3%4.3%-3.7%1.9M-174.2M-620.5K0.9035.13N/AN/A12,03910,84067,04435,744
2023-02-16$37.19$40.0063.0%18.1%121.5%15.6%62.2%5.4%-0.1%-23.2K-15.4M-463.9K1.2946.44N/AN/A12,48116,12074,57242,304
2023-02-17$36.77$40.0062.5%17.9%121.2%14.4%62.1%6.2%0.1%123.4K-7.6M-484.6K2.6825.60N/AN/A2,8477,62781,44548,484
2023-02-21$35.67$40.0066.0%18.2%119.8%21.9%64.3%2.5%-0.5%640.0K-15.1M-465.9K4.6717.31N/AN/A2,71012,65366,32838,028
2023-02-22$35.99$40.0062.9%18.0%119.9%15.4%62.8%5.0%0.1%524.2K-17.3M-500.0K1.0713.88N/AN/A2,5032,68167,45645,868
2023-02-23$35.33$40.0062.1%17.5%120.0%13.5%60.5%4.0%0.3%317.3K-7.7M-488.5K1.5314.53N/AN/A11,59017,73767,93346,592
2023-02-24$34.72$40.0062.5%17.3%119.9%14.4%62.0%4.9%-0.7%-284.5K6.6M-541.4K1.3014.42N/AN/A1,4081,83670,11662,754
2023-02-27$33.82$40.0061.7%17.5%118.3%12.8%60.8%5.4%-1.2%-24.8K10.9M-517.2K2.1018.47N/AN/A2,7075,68765,68560,937
2023-02-28$33.25$40.0060.5%17.2%117.1%10.0%60.1%4.4%-0.2%-101.7K19.8M-506.9K0.8918.88N/AN/A1,4171,25467,26662,618