RNG Options History — July 2024

In July 2024, RNG traded between $27.80 and $35.13. ATM implied volatility averaged 57.6%, placing in the 50.8% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 14.6% (HV 20d: 43.0%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.39.

Notable Days

  • 2024-07-31: Highest Volume — 1,592 contracts
  • 2024-07-18: Largest IV spike — 8.6% change
  • 2024-07-18: Highest IV Rank — 64.0%
  • 2024-07-31: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.35$27.80$35.13$29.15$35.09
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV57.6%41.8%64.1%41.8%63.0%
Expected Move17.2%10.8%22.2%10.9%22.2%
HV 20d43.0%38.1%50.9%46.2%41.1%
HV 60d47.2%45.0%49.2%46.5%48.5%
IV Rank50.8%19.1%64.0%19.1%61.7%
IV Percentile63.0%14.3%79.0%14.3%76.6%
Term Structure-1.5%-9.8%7.8%7.8%-3.7%
VWIV60.2%37.8%77.5%37.8%77.5%
Skew 25d1.9%-12.7%4.2%2.8%3.7%
Skew 10d3.7%-22.3%9.1%4.0%8.6%
Call IV 25d57.9%43.6%79.2%43.6%61.9%
Put IV 25d59.7%46.3%66.9%46.3%65.6%
Bid-Ask Spread %50.6731.2870.7756.4741.72
Gamma HHI0.140.100.380.120.14
Net GEX289.8K30.4K810.7K62.8K467.6K
Net DEX-11.2M-22.2M363.1K-4.2M-20.9M
Net VEX-145.9K-164.2K-127.2K-137.8K-164.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.051.080.420.07
Total Volume574.1821311,5922761,592
Total OI31,547.04529,05433,43631,19330,645

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$29.15$30.0041.8%10.9%46.2%19.1%37.8%2.8%7.8%62.8K-4.2M-137.8K0.4256.47N/AN/A1948217,59713,596
2024-07-02$28.52$30.0044.6%10.8%46.0%24.8%39.0%1.6%7.8%122.2K-2.4M-136.5K0.3959.18N/AN/A1897418,59314,066
2024-07-03$28.50$30.0045.7%10.9%46.1%27.1%38.5%1.1%4.7%130.2K-2.2M-136.0K0.5270.77N/AN/A864518,67214,121
2024-07-05$27.88$30.0048.9%15.0%45.2%33.5%54.1%2.3%4.9%71.1K363.1K-127.7K1.0866.74N/AN/A21923618,70714,127
2024-07-08$28.16$30.0052.4%15.8%45.0%40.5%55.2%4.2%1.7%30.4K-1.6M-128.6K0.1856.10N/AN/A69312817,87513,795
2024-07-09$27.80$30.0055.6%15.8%44.9%46.9%54.9%4.2%-1.9%42.4K-1.1M-127.2K0.0564.12N/AN/A4192318,48313,891
2024-07-10$27.86$30.0056.0%16.0%45.0%47.6%55.7%2.8%-0.5%50.0K-1.4M-130.1K0.7860.05N/AN/A15712318,56513,869
2024-07-11$28.78$30.0056.6%15.8%47.3%48.9%55.7%3.8%-2.6%93.3K-4.3M-137.2K0.4751.18N/AN/A1647718,65813,966
2024-07-12$31.02$30.0057.0%16.0%50.9%49.7%55.7%1.2%-1.6%810.7K-11.9M-148.7K0.4751.25N/AN/A87640818,71313,984
2024-07-15$31.30$30.0058.8%16.6%41.3%53.3%57.1%3.5%-2.1%204.5K-11.8M-146.5K0.1353.88N/AN/A2733518,42413,901
2024-07-16$32.25$30.0057.9%16.9%41.7%51.4%58.4%2.0%-3.6%318.1K-14.8M-147.6K0.1657.93N/AN/A5558718,50113,911
2024-07-17$32.64$30.0059.1%16.9%41.1%53.8%59.8%0.9%-1.8%356.5K-16.0M-150.5K0.3159.43N/AN/A2758418,59913,934
2024-07-18$32.25$30.0064.1%18.6%38.6%64.0%64.4%3.4%-4.8%319.4K-14.8M-149.1K0.3455.24N/AN/A71023918,67814,001
2024-07-19$32.77$30.0062.6%18.3%38.6%60.9%64.8%2.5%-3.9%437.2K-16.5M-152.8K0.1756.59N/AN/A4247019,21414,222
2024-07-22$32.48$30.0063.8%19.0%39.0%63.3%66.2%2.7%-4.6%344.6K-14.0M-149.2K0.7137.28N/AN/A31622316,25012,804
2024-07-23$32.48$30.0062.7%19.2%39.1%61.0%67.9%1.5%-2.8%357.0K-14.1M-149.3K0.1340.38N/AN/A3915116,44312,959
2024-07-24$31.96$30.0063.9%19.9%38.1%63.6%70.0%-12.7%-3.3%332.0K-12.9M-147.4K0.6032.72N/AN/A18911416,59012,975
2024-07-25$34.20$30.0063.2%20.0%42.8%62.1%69.9%1.5%-3.7%455.7K-19.3M-155.4K0.1039.51N/AN/A1,02310716,66813,083
2024-07-26$35.13$30.0061.4%20.1%41.9%58.6%70.0%2.8%-4.6%472.8K-22.2M-161.4K0.6141.42N/AN/A61737717,10913,161
2024-07-29$34.66$30.0063.7%21.2%42.8%63.2%74.3%2.8%-9.8%444.8K-19.6M-164.2K0.5731.57N/AN/A29116616,99013,171
2024-07-30$34.76$30.0063.5%21.8%42.6%62.8%76.9%2.3%-3.8%451.2K-19.9M-162.0K0.3431.28N/AN/A1715917,22213,302
2024-07-31$35.09$30.0063.0%22.2%41.1%61.7%77.5%3.7%-3.7%467.6K-20.9M-164.1K0.0741.72N/AN/A1,48410817,33813,307