RNG Options History — August 2023

In August 2023, RNG traded between $28.20 and $41.46. ATM implied volatility averaged 54.8%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 25.1% (HV 20d: 79.9%). Max pain ranged from $32.00 to $40.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 1.70.

Notable Days

  • 2023-08-07: Highest Volume — 16,179 contracts
  • 2023-08-08: Largest IV drop — 32.5% change
  • 2023-08-04: Highest IV Rank — 60.1%
  • 2023-08-02: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.81$28.20$41.46$41.46$31.31
Max Pain$35.17$32.00$40.00$40.00$32.00
ATM IV54.8%44.9%77.4%71.4%45.4%
Expected Move15.7%12.2%26.2%24.4%12.5%
HV 20d79.9%59.1%94.0%59.1%84.5%
HV 60d68.9%62.1%75.1%67.1%64.9%
IV Rank13.6%0.0%60.1%45.7%0.9%
IV Percentile20.1%0.0%84.1%71.8%0.4%
Term Structure-0.5%-5.9%2.4%-3.7%0.3%
VWIV55.6%43.6%91.8%86.6%43.6%
Skew 25d3.5%1.7%5.2%1.7%3.5%
Skew 10d6.2%1.0%13.2%5.2%7.3%
Call IV 25d54.1%44.1%79.0%70.5%44.1%
Put IV 25d57.6%47.5%81.2%72.2%47.6%
Bid-Ask Spread %18.056.1439.0311.9716.13
Gamma HHI0.160.120.260.220.16
Net GEX279.7K-461.5K2.1M2.1M475.1K
Net DEX-5.9M-93.0M24.8M-93.0M-6.0M
Net VEX-252.8K-410.5K-194.2K-410.5K-212.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.700.524.691.350.62
Total Volume3,882.56563416,1791,2121,632
Total OI85,375.17478,08494,90678,08483,986

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$41.46$40.0071.4%24.4%59.1%45.7%86.6%1.7%-3.7%2.1M-93.0M-410.5K1.3511.97N/AN/A51669656,12621,958
2023-08-02$39.55$40.0074.8%26.2%62.0%52.5%91.8%3.7%-5.6%1.8M-73.7M-400.1K3.6714.82N/AN/A6422,35856,29122,367
2023-08-03$39.31$35.0076.9%19.8%61.0%59.0%69.1%3.7%-5.2%1.8M-70.9M-399.6K0.6039.03N/AN/A62036956,52923,724
2023-08-04$38.48$35.0077.4%19.8%61.8%60.1%70.2%2.1%-5.9%1.7M-62.9M-388.8K1.2537.10N/AN/A8211,02656,80624,029
2023-08-07$38.76$35.0075.2%20.0%61.0%55.5%71.5%2.9%-4.0%1.8M-65.6M-381.2K0.8920.74N/AN/A8,5697,61055,71522,635
2023-08-08$31.77$35.0050.8%15.1%94.0%4.3%52.5%3.3%2.4%136.8K12.8M-247.2K1.0418.12N/AN/A5,8666,10161,15229,701
2023-08-09$29.59$35.0050.5%14.4%90.1%3.7%50.7%4.0%-0.4%-264.5K24.8M-213.2K3.1813.20N/AN/A2,9949,51263,52929,567
2023-08-10$30.91$35.0050.3%14.6%91.8%3.3%50.4%3.5%0.6%-32.4K11.0M-234.6K1.0317.89N/AN/A1,5661,62064,69830,095
2023-08-11$30.71$35.0049.8%14.5%91.7%2.1%50.1%2.8%1.3%105.5K12.7M-225.3K2.0515.67N/AN/A44992164,71930,187
2023-08-14$30.64$35.0048.9%14.1%91.5%0.3%49.2%5.2%0.0%66.9K9.9M-214.8K2.1117.55N/AN/A1,4162,98557,79825,984
2023-08-15$29.95$35.0048.8%14.0%90.0%0.1%50.6%4.3%1.4%-94.7K13.7M-212.4K0.916.14N/AN/A64458958,39127,277
2023-08-16$28.66$35.0049.7%14.3%84.6%2.0%50.9%3.4%1.3%-300.1K21.4M-194.2K3.6711.88N/AN/A1,3665,01558,69327,362
2023-08-17$28.69$35.0050.0%14.3%83.1%2.7%53.5%3.9%1.5%-401.1K22.3M-207.2K4.6911.22N/AN/A5532,59659,65529,856
2023-08-18$29.41$35.0050.6%14.4%82.1%3.9%55.4%2.6%1.3%-245.2K18.4M-219.7K3.659.14N/AN/A6842,49660,01130,315
2023-08-21$28.53$35.0050.8%14.5%81.4%4.4%50.8%3.9%0.0%-394.9K16.4M-208.8K0.9527.61N/AN/A2,2122,09755,37227,535
2023-08-22$28.20$35.0051.7%14.6%81.4%6.2%50.8%3.3%0.3%-299.4K16.0M-208.9K1.4217.15N/AN/A9971,41356,43927,850
2023-08-23$28.72$35.0049.9%14.0%81.8%2.4%49.4%4.7%-0.4%-288.9K14.1M-215.2K0.5522.67N/AN/A1,37175057,16328,378
2023-08-24$28.64$35.0049.7%14.0%81.9%2.0%49.5%4.3%-0.1%-461.5K14.3M-205.6K0.5617.31N/AN/A40722757,79727,895
2023-08-25$29.19$35.0047.8%13.3%81.3%0.0%47.4%3.3%0.4%-254.9K10.7M-207.6K1.6014.74N/AN/A7251,16258,04427,981
2023-08-28$29.45$35.0048.1%13.7%80.3%0.7%46.7%3.4%0.4%-251.4K8.2M-203.8K2.0216.53N/AN/A7501,51356,67426,245
2023-08-29$30.21$35.0046.8%12.8%81.3%0.0%43.7%3.9%0.2%-39.5K3.3M-205.1K0.7518.54N/AN/A58844057,16726,230
2023-08-30$29.56$32.0044.9%12.2%80.5%0.0%44.1%2.9%1.9%-237.0K7.1M-196.8K0.5219.95N/AN/A1,58483157,51926,184
2023-08-31$31.31$32.0045.4%12.5%84.5%0.9%43.6%3.5%0.3%475.1K-6.0M-212.9K0.6216.13N/AN/A1,01062258,02125,965