RNG Options History — September 2024

In September 2024, RNG traded between $27.70 and $32.91. ATM implied volatility averaged 41.9%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 9.2% (HV 20d: 51.2%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.64.

Notable Days

  • 2024-09-04: Highest Volume — 3,684 contracts
  • 2024-09-04: Largest IV spike — 26.3% change
  • 2024-09-04: Highest IV Rank — 36.3%
  • 2024-09-04: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.88$27.70$32.91$32.91$31.55
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV41.9%37.0%50.3%39.8%42.7%
Expected Move11.6%10.4%13.6%11.7%10.7%
HV 20d51.2%33.2%54.5%33.2%50.6%
HV 60d47.7%45.2%51.8%45.2%45.9%
IV Rank19.4%9.5%36.3%15.3%21.0%
IV Percentile23.6%11.5%56.0%17.5%27.0%
Term Structure1.2%-10.5%7.6%-0.1%7.4%
VWIV41.9%36.9%48.2%39.6%41.4%
Skew 25d5.6%3.7%15.1%4.7%4.9%
Skew 10d9.5%2.4%12.0%11.8%10.4%
Call IV 25d39.8%34.9%44.5%38.0%44.5%
Put IV 25d45.5%39.3%51.0%42.7%49.4%
Bid-Ask Spread %62.0247.3482.5852.3251.09
Gamma HHI0.140.100.270.200.15
Net GEX151.8K-202.9K387.0K322.9K296.6K
Net DEX-4.8M-10.3M1.0M-10.3M-8.2M
Net VEX-116.3K-126.7K-107.1K-126.7K-120.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.071.831.830.07
Total Volume889.951883,6842211,984
Total OI29,472.4525,81532,85227,75125,815

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$32.91$30.0039.8%11.7%33.2%15.3%39.6%4.7%-0.1%322.9K-10.3M-126.7K1.8352.32N/AN/A7814315,64412,107
2024-09-04$29.05$30.0050.3%13.6%54.4%36.3%46.6%8.0%1.1%125.5K-2.3M-109.1K1.6647.34N/AN/A1,3852,29915,68612,223
2024-09-05$29.06$30.0044.7%12.2%54.5%25.0%42.5%4.4%0.5%-69.6K-1.4M-112.6K1.3665.81N/AN/A32744616,36614,082
2024-09-06$28.34$30.0044.5%12.4%54.5%24.6%42.8%4.8%-10.5%-60.6K694.8K-112.0K0.8873.78N/AN/A46541016,58114,286
2024-09-09$27.90$30.0046.4%12.5%51.8%28.5%48.2%6.2%-3.4%-55.4K744.4K-107.3K0.2657.41N/AN/A64316516,16314,045
2024-09-10$27.70$30.0045.2%12.3%51.8%26.0%46.8%5.0%-2.0%-52.5K1.0M-107.1K0.1857.62N/AN/A1853416,61614,160
2024-09-11$28.10$30.0044.7%12.1%51.2%25.1%48.0%5.0%-2.2%-58.3K145.1K-110.2K0.5058.83N/AN/A27013416,65714,192
2024-09-12$28.30$30.0042.3%12.2%50.5%20.2%44.7%4.0%0.5%-75.9K-428.1K-110.8K0.7258.78N/AN/A43030816,81114,310
2024-09-13$29.31$30.0041.9%11.8%51.3%19.3%42.0%4.3%-1.0%-202.9K-4.4M-115.7K0.1768.81N/AN/A65511017,07514,569
2024-09-16$30.06$30.0042.3%11.9%52.6%20.2%40.4%5.8%2.5%238.6K-6.5M-120.0K0.7561.96N/AN/A79059417,01513,736
2024-09-17$30.07$30.0042.2%12.1%52.5%20.1%0.0%7.8%0.5%247.8K-6.4M-124.9K0.3958.65N/AN/A66626317,53314,035
2024-09-18$30.23$30.0042.0%12.0%52.4%19.5%47.9%4.5%0.8%315.9K-7.0M-123.2K0.6982.58N/AN/A48533617,92314,212
2024-09-19$30.45$30.0039.2%11.2%52.3%14.1%39.3%4.5%1.9%315.1K-7.8M-123.1K0.5779.38N/AN/A50729017,75114,491
2024-09-20$30.64$30.0037.8%10.8%52.3%11.2%37.5%6.9%1.2%236.4K-8.5M-120.0K0.2174.46N/AN/A68714717,80315,049
2024-09-23$30.56$30.0038.2%10.9%51.8%12.1%38.2%15.1%2.2%253.4K-6.7M-114.6K0.7959.44N/AN/A46436514,89810,995
2024-09-24$30.52$30.0037.0%10.4%51.7%9.5%37.5%4.1%5.8%266.9K-6.2M-117.5K0.2949.69N/AN/A1464215,14811,356
2024-09-25$30.45$30.0038.5%10.8%51.5%12.5%37.5%4.6%7.3%298.7K-6.1M-116.8K0.5953.19N/AN/A18410915,24311,383
2024-09-26$30.89$30.0038.3%10.4%51.4%12.2%36.9%3.7%4.3%387.0K-7.7M-115.3K0.1760.27N/AN/A5228715,32111,442
2024-09-27$31.45$30.0040.5%10.6%50.9%16.5%37.8%4.5%7.6%306.7K-9.2M-120.0K0.7168.88N/AN/A37626815,30111,426
2024-09-30$31.55$30.0042.7%10.7%50.6%21.0%41.4%4.9%7.4%296.6K-8.2M-120.2K0.0751.09N/AN/A1,85313115,00310,812