RNG Options History — November 2024

In November 2024, RNG traded between $34.94 and $38.89. ATM implied volatility averaged 41.1%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 4.5% (HV 20d: 36.6%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.43.

Notable Days

2024-11-07: Highest Volume — 2,250 contracts
2024-11-08: Largest IV drop — 46.2% change
2024-11-05: Highest IV Rank — 60.5%
2024-11-01: Largest Expected Move — 23.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.90	$34.94	$38.89	$36.47	$37.76
Max Pain	$35.25	$35.00	$40.00	$35.00	$35.00
ATM IV	41.1%	29.1%	61.6%	61.6%	35.7%
Expected Move	12.0%	8.7%	23.1%	23.1%	10.6%
HV 20d	36.6%	25.1%	46.9%	28.9%	46.2%
HV 60d	39.2%	33.8%	43.0%	38.8%	34.0%
IV Rank	22.5%	0.0%	60.5%	60.5%	12.9%
IV Percentile	25.4%	0.0%	79.8%	79.0%	9.1%
Term Structure	-0.1%	-12.8%	15.8%	-3.8%	-0.8%
VWIV	42.3%	30.6%	80.8%	80.8%	37.4%
Skew 25d	3.7%	0.3%	7.4%	7.0%	4.8%
Skew 10d	12.1%	-1.0%	30.7%	9.8%	16.3%
Call IV 25d	39.3%	20.7%	58.4%	58.4%	33.0%
Put IV 25d	43.0%	23.9%	65.5%	65.5%	37.7%
Bid-Ask Spread %	57.27	35.31	78.91	35.31	67.64
Gamma HHI	0.18	0.13	0.25	0.16	0.18
Net GEX	563.5K	311.1K	792.8K	489.4K	792.8K
Net DEX	-18.8M	-26.4M	-12.0M	-19.6M	-20.4M
Net VEX	-119.3K	-129.5K	-110.8K	-128.7K	-113.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.05	1.30	0.40	0.55
Total Volume	853.05	123	2,250	766	345
Total OI	26,601	25,148	29,246	25,487	26,387

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-11-01	$36.47	$35.00	61.6%	23.1%	28.9%	60.5%	80.8%	7.0%	-3.8%	489.4K	-19.6M	-128.7K	0.40	35.31	N/A	N/A	549	217	15,202	10,285
2024-11-04	$36.28	$35.00	61.4%	15.9%	26.3%	60.1%	52.1%	6.4%	-1.8%	458.7K	-18.3M	-126.6K	0.30	48.46	N/A	N/A	237	71	15,123	10,378
2024-11-05	$36.27	$35.00	61.6%	15.6%	25.1%	60.5%	53.9%	7.4%	-12.8%	462.5K	-18.4M	-125.4K	0.15	47.48	N/A	N/A	1,404	207	15,286	10,443
2024-11-06	$37.38	$35.00	58.6%	15.7%	25.5%	54.3%	55.2%	4.2%	-2.6%	571.7K	-22.0M	-127.2K	1.30	64.57	N/A	N/A	460	596	16,688	10,642
2024-11-07	$38.83	$35.00	54.1%	13.8%	26.2%	45.2%	50.0%	6.8%	-2.5%	655.4K	-26.4M	-129.5K	1.00	38.60	N/A	N/A	1,123	1,127	17,001	10,841
2024-11-08	$37.77	$35.00	29.1%	8.7%	27.9%	0.0%	30.6%	4.3%	3.3%	757.1K	-22.9M	-115.8K	0.54	50.29	N/A	N/A	1,043	558	17,855	11,391
2024-11-11	$36.09	$40.00	35.3%	10.2%	33.6%	11.9%	37.1%	5.1%	-0.2%	503.6K	-15.3M	-115.6K	0.40	60.21	N/A	N/A	253	100	15,645	10,929
2024-11-12	$36.25	$35.00	34.4%	10.1%	33.5%	10.3%	0.0%	4.6%	-0.1%	497.7K	-16.0M	-116.5K	0.10	62.03	N/A	N/A	513	53	15,755	10,958
2024-11-13	$38.03	$35.00	33.6%	10.1%	36.8%	8.7%	35.6%	7.0%	1.4%	653.4K	-22.0M	-119.4K	0.05	72.25	N/A	N/A	1,345	61	15,868	10,920
2024-11-14	$37.14	$35.00	35.4%	10.0%	38.2%	12.2%	33.3%	2.3%	0.4%	631.6K	-19.2M	-120.5K	0.53	78.52	N/A	N/A	218	116	16,868	10,932
2024-11-15	$35.78	$35.00	34.9%	10.2%	40.0%	11.2%	35.4%	2.8%	1.4%	410.3K	-15.4M	-114.6K	0.27	72.35	N/A	N/A	456	124	17,023	10,945
2024-11-18	$35.34	$35.00	35.8%	10.3%	40.1%	12.9%	36.8%	1.7%	0.1%	360.4K	-12.3M	-114.2K	0.49	51.41	N/A	N/A	567	278	15,216	10,233
2024-11-19	$35.66	$35.00	36.7%	10.6%	40.2%	14.7%	37.9%	0.3%	0.3%	463.3K	-14.0M	-114.1K	0.37	47.51	N/A	N/A	502	184	15,596	10,297
2024-11-20	$35.14	$35.00	37.2%	10.7%	39.8%	15.6%	36.9%	2.5%	-0.4%	383.2K	-12.5M	-113.3K	0.31	48.81	N/A	N/A	94	29	15,899	10,431
2024-11-21	$34.94	$35.00	36.4%	10.5%	39.3%	14.1%	37.7%	0.8%	-0.4%	311.1K	-12.0M	-110.8K	0.16	52.88	N/A	N/A	342	54	15,961	10,438
2024-11-22	$37.05	$35.00	37.5%	10.7%	43.9%	16.2%	37.4%	0.7%	0.6%	722.4K	-19.1M	-119.2K	0.18	55.08	N/A	N/A	609	108	16,076	10,442
2024-11-25	$38.89	$35.00	37.6%	11.3%	46.6%	16.4%	39.5%	1.7%	-0.4%	640.1K	-23.6M	-120.4K	0.30	56.64	N/A	N/A	1,418	423	15,035	10,113
2024-11-26	$38.58	$35.00	29.1%	10.9%	46.9%	0.0%	38.2%	3.2%	15.8%	742.4K	-23.7M	-121.2K	1.16	78.91	N/A	N/A	207	241	16,083	10,406
2024-11-27	$38.31	$35.00	35.9%	10.8%	46.1%	13.2%	38.0%	0.8%	-0.1%	762.6K	-23.0M	-119.5K	0.07	56.45	N/A	N/A	776	53	16,159	10,270
2024-11-29	$37.76	$35.00	35.7%	10.6%	46.2%	12.9%	37.4%	4.8%	-0.8%	792.8K	-20.4M	-113.9K	0.55	67.64	N/A	N/A	222	123	16,111	10,276