RNG Options History — October 2023

In October 2023, RNG traded between $25.27 and $30.41. ATM implied volatility averaged 68.9%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 25.1% (HV 20d: 43.8%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.73.

Notable Days

  • 2023-10-31: Highest Volume — 3,700 contracts
  • 2023-10-09: Largest IV spike — 11.4% change
  • 2023-10-27: Highest IV Rank — 73.0%
  • 2023-10-30: Largest Expected Move — 27.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.39$25.27$30.41$30.17$26.55
Max Pain$30.45$30.00$35.00$30.00$30.00
ATM IV68.9%51.7%82.1%51.7%78.7%
Expected Move20.8%14.3%27.5%14.5%27.3%
HV 20d43.8%29.1%52.8%29.1%50.8%
HV 60d60.1%57.7%63.5%63.1%59.6%
IV Rank48.2%15.8%73.0%15.8%66.5%
IV Percentile63.1%21.0%92.5%21.0%88.5%
Term Structure-0.6%-6.3%11.2%2.8%-3.8%
VWIV71.1%49.2%95.4%49.2%71.1%
Skew 25d5.8%3.0%8.2%3.9%8.2%
Skew 10d10.3%6.0%15.8%8.4%15.8%
Call IV 25d66.7%49.6%80.5%50.1%74.6%
Put IV 25d72.5%54.0%87.2%54.0%82.8%
Bid-Ask Spread %20.237.9738.0427.7317.54
Gamma HHI0.130.100.200.130.13
Net GEX-96.9K-406.6K248.8K1.6K-112.4K
Net DEX3.2M-5.5M12.3M-2.9M8.2M
Net VEX-187.8K-202.0K-171.8K-202.0K-179.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.415.670.481.79
Total Volume1,351.2733963,7006823,700
Total OI55,747.45551,89259,60055,22555,165

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$30.17$30.0051.7%14.5%29.1%15.8%49.2%3.9%2.8%1.6K-2.9M-202.0K0.4827.73N/AN/A46222034,47920,746
2023-10-03$28.69$30.0053.8%15.2%33.3%19.7%53.6%5.7%11.2%-138.5K3.6M-193.6K2.7029.67N/AN/A21858834,76020,775
2023-10-04$29.84$30.0051.8%14.3%34.3%16.0%51.2%5.1%11.1%-17.4K-1.2M-201.5K5.6738.04N/AN/A13174334,86020,951
2023-10-05$28.61$30.0055.3%18.0%36.3%22.5%63.6%5.7%10.7%-185.9K4.4M-194.2K1.3528.46N/AN/A22830834,95921,077
2023-10-06$30.01$30.0055.1%18.0%41.0%22.1%61.6%4.5%11.0%248.8K-2.7M-200.6K3.6728.56N/AN/A2741,00635,12120,895
2023-10-09$30.01$30.0061.4%18.4%40.7%34.0%62.3%3.0%0.6%-20.6K-2.1M-198.9K1.1126.55N/AN/A18820834,73720,835
2023-10-10$30.37$30.0062.5%18.2%40.5%36.0%61.4%4.6%0.7%34.0K-3.7M-196.3K0.5020.56N/AN/A40920534,84420,940
2023-10-11$30.17$30.0064.2%18.1%40.1%39.3%62.9%5.7%-0.8%4.2K-3.0M-195.5K1.1022.20N/AN/A64671135,14621,048
2023-10-12$29.40$30.0067.3%18.5%41.1%45.1%63.2%6.7%-2.9%-135.8K759.2K-189.2K4.5219.41N/AN/A14666035,59021,067
2023-10-13$28.87$35.0070.8%19.6%41.3%51.6%68.2%6.2%-3.9%-406.6K3.6M-189.5K1.077.97N/AN/A39241835,62421,277
2023-10-16$30.05$35.0068.3%19.2%43.6%47.1%66.7%6.9%-3.3%-41.8K-2.8M-189.4K0.5412.22N/AN/A1,04356434,99120,924
2023-10-17$30.41$30.0069.2%19.6%43.8%48.6%68.8%6.0%-3.9%52.2K-5.5M-192.8K0.4522.86N/AN/A65529435,54221,338
2023-10-18$29.36$30.0072.4%20.7%45.1%54.7%74.6%5.6%-4.2%-70.7K629.6K-188.2K1.9021.71N/AN/A9771,85335,89121,507
2023-10-19$28.84$30.0074.8%21.7%45.1%59.2%74.9%5.5%-6.3%-152.5K4.0M-190.3K0.4111.35N/AN/A1,08244736,54822,313
2023-10-20$27.63$30.0076.0%22.2%46.4%61.6%78.2%6.0%-4.5%-98.2K8.9M-181.0K2.4610.61N/AN/A6651,63437,23222,368
2023-10-23$25.95$30.0079.1%24.1%50.6%67.4%83.5%5.6%-3.6%-207.9K10.4M-172.3K0.7015.95N/AN/A1,01171033,05318,839
2023-10-24$26.88$30.0078.6%24.1%52.1%66.5%83.6%6.6%-4.9%-180.1K7.2M-182.0K0.6115.90N/AN/A1,17971433,90019,029
2023-10-25$26.21$30.0081.2%25.5%52.6%71.3%87.9%5.4%-4.6%-186.0K9.3M-177.2K1.6014.93N/AN/A8061,29234,48619,348
2023-10-26$25.56$30.0081.9%26.4%52.8%72.6%91.6%6.6%-5.8%-168.8K10.4M-174.1K4.3314.41N/AN/A2741,18735,14119,447
2023-10-27$25.27$30.0082.1%26.5%52.0%73.0%91.4%5.5%-4.5%-183.7K12.3M-171.8K0.5317.26N/AN/A34918535,27919,931
2023-10-30$25.81$30.0080.5%27.5%51.8%70.1%95.4%8.1%-3.4%-164.7K10.7M-172.3K0.5421.08N/AN/A61533134,67119,770
2023-10-31$26.55$30.0078.7%27.3%50.8%66.5%71.1%8.2%-3.8%-112.4K8.2M-179.6K1.7917.54N/AN/A1,3282,37235,12320,042