RNG Options History — June 2024

In June 2024, RNG traded between $27.04 and $35.02. ATM implied volatility averaged 37.6%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 2.5% (HV 20d: 40.1%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.60.

Notable Days

  • 2024-06-13: Highest Volume — 2,510 contracts
  • 2024-06-21: Largest IV drop — 5.8% change
  • 2024-06-20: Highest IV Rank — 17.1%
  • 2024-06-20: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.52$27.04$35.02$34.39$28.55
Max Pain$32.26$30.00$35.00$31.00$30.00
ATM IV37.6%34.8%40.7%38.1%40.4%
Expected Move10.8%9.9%11.7%11.1%10.7%
HV 20d40.1%26.5%54.5%54.2%45.0%
HV 60d43.7%40.5%46.3%41.2%46.3%
IV Rank10.8%5.2%17.1%11.7%16.4%
IV Percentile8.1%3.2%13.1%6.3%13.1%
Term Structure2.3%-3.1%10.0%0.5%6.3%
VWIV37.9%34.7%40.5%37.6%37.5%
Skew 25d1.4%-0.8%3.6%1.0%2.8%
Skew 10d4.2%-4.9%16.9%3.0%4.5%
Call IV 25d37.4%34.7%40.6%37.7%36.9%
Put IV 25d38.8%35.0%43.0%38.7%39.8%
Bid-Ask Spread %66.8855.2980.7566.2570.77
Gamma HHI0.140.110.170.170.12
Net GEX196.5K-34.4K591.4K474.4K42.6K
Net DEX-5.6M-17.2M960.4K-14.5M-2.9M
Net VEX-145.3K-174.3K-125.3K-162.1K-135.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.041.911.540.44
Total Volume757.8421222,510396122
Total OI33,630.26330,76935,51832,86832,305

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$34.39$31.0038.1%11.1%54.2%11.7%37.6%1.0%0.5%474.4K-14.5M-162.1K1.5466.25N/AN/A15624018,51014,358
2024-06-04$33.97$31.0036.4%10.6%54.5%8.5%38.3%0.8%0.6%419.8K-12.6M-157.2K1.5461.59N/AN/A15624018,56214,434
2024-06-05$34.61$31.0035.9%10.3%54.3%7.4%36.8%1.4%1.6%508.1K-15.4M-163.0K0.7567.24N/AN/A29822318,67814,478
2024-06-06$35.02$35.0035.3%10.6%31.0%6.1%38.3%0.0%1.3%591.4K-17.2M-164.4K1.9177.65N/AN/A7521,43818,75214,419
2024-06-07$34.28$35.0034.8%10.5%29.4%5.2%37.9%0.3%1.3%464.3K-13.6M-174.3K0.0468.25N/AN/A3471319,28615,629
2024-06-10$34.27$35.0036.0%10.4%29.4%7.6%37.7%1.8%0.2%440.2K-13.0M-170.1K0.3280.75N/AN/A1785718,84515,468
2024-06-11$33.66$35.0035.3%10.3%26.5%6.2%36.1%0.6%0.5%355.8K-10.9M-166.2K0.2070.74N/AN/A1573118,93815,500
2024-06-12$31.55$35.0035.5%9.9%32.2%6.6%34.7%2.2%-3.1%93.3K-4.3M-150.8K0.3275.75N/AN/A38912519,04915,457
2024-06-13$29.11$35.0037.1%10.9%40.3%9.7%38.5%-0.8%1.2%-34.4K377.5K-136.2K0.7057.09N/AN/A1,4761,03419,15815,044
2024-06-14$28.66$35.0037.3%11.0%39.9%10.1%39.5%3.2%2.1%-13.3K-241.0K-137.2K0.6855.29N/AN/A1,05471220,15114,864
2024-06-17$28.29$35.0039.0%11.2%39.3%13.5%39.8%2.3%0.7%74.1K-347.5K-137.3K0.1560.08N/AN/A5347820,41014,687
2024-06-18$27.29$30.0040.6%11.7%39.1%16.7%40.5%-0.5%-0.6%44.8K960.4K-128.0K0.2972.65N/AN/A35710520,84214,466
2024-06-20$27.76$30.0040.7%11.7%40.3%17.1%35.0%3.1%-0.8%75.7K-905.7K-130.6K0.4072.35N/AN/A70428521,07514,214
2024-06-21$27.87$30.0038.4%11.0%40.4%12.3%38.3%2.4%-0.3%78.1K-1.3M-130.7K0.2174.53N/AN/A3196621,25214,266
2024-06-24$28.10$30.0038.0%10.9%40.7%11.7%39.7%3.6%10.0%79.4K-1.1M-130.4K0.2358.83N/AN/A52512117,55413,215
2024-06-25$27.36$30.0038.0%10.6%40.5%11.6%36.9%0.2%6.0%22.5K388.3K-125.3K0.4756.22N/AN/A98646617,83813,252
2024-06-26$27.04$30.0038.3%10.7%40.0%12.2%39.2%0.7%9.0%-20.7K906.2K-126.9K0.3862.94N/AN/A1566018,34513,599
2024-06-27$28.14$30.0039.3%10.6%44.1%14.1%37.3%1.4%6.1%38.0K-1.6M-133.7K0.9361.76N/AN/A22821118,44013,635
2024-06-28$28.55$30.0040.4%10.7%45.0%16.4%37.5%2.8%6.3%42.6K-2.9M-135.6K0.4470.77N/AN/A853718,57013,735