RNG Options History — September 2023

In September 2023, RNG traded between $28.38 and $32.69. ATM implied volatility averaged 46.4%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 3.7% (HV 20d: 42.7%). Max pain ranged from $30.00 to $32.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.27.

Notable Days

  • 2023-09-20: Highest Volume — 3,296 contracts
  • 2023-09-21: Largest IV spike — 7.2% change
  • 2023-09-26: Highest IV Rank — 17.2%
  • 2023-09-26: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.16$28.38$32.69$32.17$29.46
Max Pain$30.10$30.00$32.00$32.00$30.00
ATM IV46.4%43.3%52.5%43.7%49.4%
Expected Move13.4%11.7%15.1%11.7%14.0%
HV 20d42.7%29.5%85.5%85.5%29.5%
HV 60d63.7%62.9%65.3%65.0%63.0%
IV Rank5.5%0.0%17.2%0.0%11.5%
IV Percentile5.3%0.0%20.6%0.0%11.1%
Term Structure0.5%-0.4%2.7%0.5%2.7%
VWIV46.6%40.3%55.0%40.3%48.8%
Skew 25d3.4%2.5%4.4%2.6%3.6%
Skew 10d6.2%3.6%8.1%8.1%5.4%
Call IV 25d45.1%41.5%50.7%43.0%46.4%
Put IV 25d48.5%45.0%54.7%45.6%50.1%
Bid-Ask Spread %26.2413.6140.2313.6119.88
Gamma HHI0.180.130.340.210.14
Net GEX3.7K-873.8K1.1M1.1M-128.0K
Net DEX-346.1K-14.2M6.6M-12.8M471.2K
Net VEX-193.7K-214.5K-181.1K-214.5K-198.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.116.240.580.11
Total Volume1,239.256173,296970732
Total OI69,370.4554,67484,68484,68456,269

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$32.17$32.0043.7%11.7%85.5%0.0%40.3%2.6%0.5%1.1M-12.8M-214.5K0.5813.61N/AN/A61235858,63226,052
2023-09-05$31.62$30.0045.1%13.5%85.3%2.7%45.2%2.5%0.0%526.2K-7.5M-203.2K0.5828.88N/AN/A55832257,56224,963
2023-09-06$32.69$30.0044.6%12.6%49.5%1.7%44.9%3.8%-0.2%977.9K-14.2M-207.6K0.9819.82N/AN/A83581657,53725,155
2023-09-07$32.00$30.0045.8%13.8%42.4%4.0%46.3%4.0%-0.2%657.6K-9.5M-206.3K0.8320.77N/AN/A37631358,13925,437
2023-09-08$31.76$30.0044.5%13.4%39.9%1.6%46.6%3.6%0.1%502.7K-7.8M-203.5K1.4819.98N/AN/A45567258,37425,473
2023-09-11$31.30$30.0045.0%13.2%40.2%2.5%46.2%2.6%1.2%115.0K-2.7M-191.4K0.6436.14N/AN/A54634857,56524,826
2023-09-12$30.71$30.0045.2%13.2%40.8%2.9%45.6%2.6%0.8%-122.9K351.9K-192.3K1.0440.23N/AN/A36337958,07325,105
2023-09-13$30.19$30.0044.8%13.0%40.5%2.2%47.4%2.5%0.7%-321.7K3.4M-188.2K2.0820.79N/AN/A7101,47958,17325,231
2023-09-14$30.19$30.0043.4%12.4%36.9%0.0%43.6%3.5%-0.2%-496.6K2.6M-189.7K1.3421.91N/AN/A42757258,61025,134
2023-09-15$29.74$30.0043.3%12.6%37.4%0.0%42.1%3.8%1.0%-873.8K6.5M-185.0K1.6027.95N/AN/A30649158,81525,218
2023-09-18$29.41$30.0044.7%12.8%36.7%2.6%44.3%3.4%-0.2%-181.6K2.7M-181.4K0.6020.95N/AN/A54833034,45720,288
2023-09-19$29.48$30.0044.9%12.9%34.9%3.0%43.3%3.2%-0.1%-172.0K2.9M-182.5K3.0329.85N/AN/A23370734,81720,523
2023-09-20$28.91$30.0045.2%13.0%35.4%3.6%45.7%2.8%-0.4%-221.3K5.1M-181.1K0.4531.04N/AN/A2,2771,01934,98920,747
2023-09-21$28.38$30.0048.5%13.9%35.4%9.7%49.0%3.7%0.4%-259.3K6.6M-186.9K0.7925.61N/AN/A91072133,97120,870
2023-09-22$29.20$30.0047.3%13.6%36.9%7.4%46.7%3.8%-0.2%-313.6K3.7M-192.5K1.7532.16N/AN/A22439334,16321,439
2023-09-25$29.57$30.0049.3%14.1%36.5%11.1%49.2%3.7%0.8%-120.6K1.4M-191.8K0.3231.71N/AN/A1,69354233,78120,893
2023-09-26$28.78$30.0052.5%15.1%37.7%17.2%55.0%4.0%0.3%-181.6K4.2M-188.6K0.3132.64N/AN/A89927833,81020,962
2023-09-27$28.62$30.0050.7%14.9%36.4%13.9%50.4%4.4%2.3%-211.9K4.2M-194.6K6.2431.66N/AN/A1801,12434,52120,984
2023-09-28$28.95$30.0050.1%14.4%36.0%12.8%50.7%4.2%1.5%-231.4K3.2M-195.5K0.5419.31N/AN/A67436334,60821,243
2023-09-29$29.46$30.0049.4%14.0%29.5%11.5%48.8%3.6%2.7%-128.0K471.2K-198.2K0.1119.88N/AN/A6597334,90521,364