RNG Options History — August 2024

In August 2024, RNG traded between $31.67 and $35.21. ATM implied volatility averaged 41.7%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded below realized volatility by 5.7% (HV 20d: 47.4%). 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 15 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2024-08-02: Highest Volume — 1,914 contracts
  • 2024-08-02: Largest IV drop — 17.0% change
  • 2024-08-01: Highest IV Rank — 64.2%
  • 2024-08-01: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.43$31.67$35.21$33.11$33.36
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV41.7%35.2%64.2%64.2%36.4%
Expected Move12.0%10.0%22.8%22.8%10.3%
HV 20d47.4%33.4%52.1%47.7%33.4%
HV 60d45.3%43.8%51.5%50.1%45.2%
IV Rank19.0%6.0%64.2%64.2%8.3%
IV Percentile21.2%3.6%82.9%82.9%9.1%
Term Structure1.3%-2.2%13.2%-2.2%0.7%
VWIV41.2%33.5%79.0%79.0%33.5%
Skew 25d5.2%2.1%13.8%3.9%3.5%
Skew 10d13.4%6.1%70.2%70.2%9.0%
Call IV 25d39.3%33.3%62.1%62.1%35.3%
Put IV 25d44.5%37.6%66.0%66.0%38.8%
Bid-Ask Spread %67.4647.1086.4950.5063.24
Gamma HHI0.190.130.280.130.22
Net GEX520.7K280.2K714.2K408.0K621.5K
Net DEX-14.7M-21.6M-9.7M-15.8M-14.6M
Net VEX-142.7K-160.2K-132.4K-159.1K-132.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.092.230.690.90
Total Volume487.636951,9141,235300
Total OI29,617.31828,26433,09831,87329,255

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$33.11$30.0064.2%22.8%47.7%64.2%79.0%3.9%-2.2%408.0K-15.8M-159.1K0.6950.50N/AN/A73150418,50413,369
2024-08-02$35.21$30.0053.3%15.2%50.0%42.3%53.2%2.3%13.2%659.1K-21.6M-160.2K0.6352.69N/AN/A1,17274218,82514,273
2024-08-05$34.64$30.0054.0%14.7%50.9%43.6%50.7%13.8%-1.0%443.9K-19.3M-159.8K1.7180.46N/AN/A23540216,62213,079
2024-08-06$33.86$30.0047.0%13.0%51.7%29.6%45.3%5.0%2.4%438.8K-16.4M-155.5K0.4573.85N/AN/A24911316,73613,253
2024-08-07$33.48$30.0047.8%13.4%52.1%31.1%43.3%6.5%0.7%427.1K-15.2M-154.6K0.2376.51N/AN/A3778616,79913,289
2024-08-08$33.76$30.0042.1%12.0%51.4%19.7%41.4%13.7%8.3%448.9K-15.8M-153.1K1.3877.56N/AN/A699517,07913,313
2024-08-09$31.95$30.0043.2%12.5%49.6%21.9%43.5%5.8%-0.1%530.8K-9.7M-139.4K1.2777.85N/AN/A11114117,10613,365
2024-08-12$31.67$30.0043.4%12.6%49.7%22.5%39.4%4.4%1.1%280.2K-9.7M-136.4K0.3258.17N/AN/A1906116,34512,812
2024-08-13$32.40$30.0043.3%12.4%49.2%22.2%40.5%5.0%0.1%340.5K-11.8M-139.5K0.8380.98N/AN/A524316,55912,862
2024-08-14$33.05$30.0041.0%10.9%49.5%17.6%38.5%5.8%-1.6%377.2K-13.2M-140.1K0.0977.83N/AN/A1231116,59212,880
2024-08-15$33.96$30.0037.4%10.6%50.1%10.3%38.1%4.7%-0.2%482.8K-15.9M-142.0K0.1083.88N/AN/A5755916,61512,872
2024-08-16$33.84$30.0035.4%10.2%49.9%6.3%34.5%5.3%0.1%409.7K-15.3M-140.0K0.0986.49N/AN/A1,41412116,58712,858
2024-08-19$34.03$30.0035.2%10.0%49.8%6.0%34.8%6.1%2.4%595.8K-16.2M-140.9K2.1781.12N/AN/A11525016,48711,777
2024-08-20$33.36$30.0035.8%10.3%50.4%7.1%35.3%4.3%1.5%579.4K-13.9M-137.5K0.9757.44N/AN/A999616,60012,028
2024-08-21$32.76$30.0036.1%10.4%50.5%7.8%35.6%5.4%0.9%539.8K-11.7M-134.2K0.5060.09N/AN/A49024416,77412,084
2024-08-22$32.97$30.0038.0%10.9%44.1%11.5%37.5%2.9%-0.4%563.0K-12.9M-136.4K0.4565.23N/AN/A1838316,97112,267
2024-08-23$33.48$30.0036.3%10.4%43.3%8.1%34.9%3.9%0.6%616.2K-14.2M-138.8K0.4960.53N/AN/A20310017,04412,271
2024-08-26$33.63$30.0037.1%10.3%43.1%9.7%36.2%3.3%-0.2%628.1K-14.5M-135.8K0.3557.13N/AN/A2378216,47312,217
2024-08-27$33.95$30.0036.8%10.3%43.3%9.1%38.4%2.9%1.2%674.3K-16.0M-136.9K0.5461.04N/AN/A653516,64112,203
2024-08-28$33.11$30.0037.5%10.8%43.9%10.6%37.9%3.1%1.1%714.2K-12.6M-132.9K2.2347.10N/AN/A4810716,66612,220
2024-08-29$33.98$30.0036.4%10.3%39.8%8.3%35.7%2.1%1.1%676.1K-16.4M-134.9K0.6554.53N/AN/A19112416,69612,313
2024-08-30$33.36$30.0036.4%10.3%33.4%8.3%33.5%3.5%0.7%621.5K-14.6M-132.4K0.9063.24N/AN/A15814216,84112,414