RNG Options History — December 2024

In December 2024, RNG traded between $34.92 and $41.95. ATM implied volatility averaged 40.4%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 11.4% (HV 20d: 51.9%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-12-04: Highest Volume — 4,472 contracts
  • 2024-12-11: Largest IV spike — 28.8% change
  • 2024-12-19: Highest IV Rank — 29.5%
  • 2024-12-04: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.52$34.92$41.95$37.80$34.92
Max Pain$26.43$25.00$35.00$35.00$25.00
ATM IV40.4%32.7%44.3%37.5%38.9%
Expected Move11.6%10.2%13.0%11.2%11.3%
HV 20d51.9%46.1%56.3%46.1%52.2%
HV 60d39.6%33.4%43.5%33.4%43.5%
IV Rank22.0%7.1%29.5%16.4%19.0%
IV Percentile29.1%1.6%42.5%20.2%26.2%
Term Structure-0.9%-12.5%2.7%-0.2%1.1%
VWIV41.5%38.7%46.7%39.9%45.3%
Skew 25d1.1%-21.2%10.8%-14.5%2.4%
Skew 10d8.2%-4.6%24.9%-4.6%4.8%
Call IV 25d40.6%25.1%64.4%38.5%41.0%
Put IV 25d41.7%24.0%46.2%24.0%43.4%
Bid-Ask Spread %66.6250.0780.2958.9754.29
Gamma HHI0.250.180.350.210.31
Net GEX689.4K184.7K1.1M630.3K449.8K
Net DEX-22.3M-34.5M-12.0M-19.5M-12.0M
Net VEX-116.9K-130.6K-104.4K-113.1K-104.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.037.350.030.46
Total Volume794.048984,4721,28398
Total OI27,637.76225,19129,77925,19126,307

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$37.80$35.0037.5%11.2%46.1%16.4%39.9%-14.5%-0.2%630.3K-19.5M-113.1K0.0358.97N/AN/A1,2513215,2789,913
2024-12-03$37.09$35.0040.0%11.4%46.6%21.1%40.5%1.6%0.0%634.3K-17.9M-113.9K7.3566.90N/AN/A2281,67616,3689,942
2024-12-04$39.67$35.0042.7%13.0%52.2%26.4%46.7%-0.2%-6.6%411.8K-25.3M-124.4K0.2065.97N/AN/A3,73673616,48811,600
2024-12-05$38.75$25.0040.9%11.7%52.2%23.0%40.8%1.6%-2.5%184.7K-20.5M-125.1K0.2574.82N/AN/A2516317,56212,066
2024-12-06$40.75$25.0041.4%11.7%53.5%23.8%41.4%1.9%1.1%857.0K-31.8M-127.8K0.6069.65N/AN/A69141217,67112,108
2024-12-09$41.85$25.0043.9%12.3%52.9%28.8%41.6%2.5%-0.3%975.5K-34.2M-130.6K0.1073.89N/AN/A4955117,57410,293
2024-12-10$41.34$25.0032.7%12.1%49.9%7.1%41.6%7.3%0.2%1.0M-32.7M-125.3K0.2971.76N/AN/A2958617,62210,315
2024-12-11$41.95$25.0042.2%12.2%50.0%25.3%42.9%6.7%0.5%1.1M-34.5M-127.6K1.0574.73N/AN/A16617517,71810,375
2024-12-12$41.42$25.0042.4%12.1%48.0%25.9%43.2%2.5%-0.3%1.0M-32.6M-126.0K0.8469.54N/AN/A19216117,75910,520
2024-12-13$38.61$25.0039.3%11.2%54.1%19.8%39.3%10.8%-0.6%811.2K-21.4M-118.0K0.3968.84N/AN/A1,10142917,81110,596
2024-12-16$40.05$25.0040.6%11.6%53.3%22.3%43.0%2.3%0.5%921.4K-27.1M-118.8K0.5064.29N/AN/A25112617,51710,310
2024-12-17$38.80$25.0040.8%11.7%54.6%22.8%40.0%0.4%0.2%802.4K-22.6M-115.5K0.1868.40N/AN/A3716717,66610,278
2024-12-18$37.51$25.0043.2%12.4%56.3%27.3%43.1%-1.0%-0.6%626.5K-18.2M-112.1K0.1878.79N/AN/A2925317,68410,335
2024-12-19$37.02$25.0044.3%12.7%56.2%29.5%46.3%6.4%0.9%573.9K-16.7M-112.4K0.3180.29N/AN/A3149717,89910,312
2024-12-20$37.55$25.0039.6%11.2%56.2%20.4%39.6%0.9%0.9%737.8K-19.0M-112.6K0.1772.40N/AN/A3125318,07310,298
2024-12-23$37.38$25.0040.3%10.2%52.4%21.7%40.2%1.8%2.7%590.0K-18.2M-112.3K0.2457.15N/AN/A3398216,7399,938
2024-12-24$37.06$25.0041.7%10.7%49.3%24.4%38.7%4.8%-5.4%554.7K-16.9M-110.5K0.1962.94N/AN/A2585016,9329,962
2024-12-26$37.71$25.0038.1%11.2%49.7%17.5%39.3%3.0%1.3%595.3K-19.0M-111.0K0.1660.17N/AN/A77912517,0049,967
2024-12-27$36.11$25.0038.2%11.3%51.9%17.7%40.0%2.9%-12.5%522.6K-14.7M-109.1K0.4555.14N/AN/A42519217,34410,038
2024-12-30$35.59$25.0040.4%11.2%51.9%21.9%38.7%-21.2%1.3%470.0K-13.4M-105.1K0.3150.07N/AN/A1253916,20710,004
2024-12-31$34.92$25.0038.9%11.3%52.2%19.0%45.3%2.4%1.1%449.8K-12.0M-104.4K0.4654.29N/AN/A673116,28710,020