RNG Options History — January 2025

In January 2025, RNG traded between $32.28 and $36.43. ATM implied volatility averaged 51.3%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 8.7% (HV 20d: 42.6%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.67.

Notable Days

  • 2025-01-16: Highest Volume — 2,781 contracts
  • 2025-01-13: Largest IV spike — 25.8% change
  • 2025-01-30: Highest IV Rank — 68.4%
  • 2025-01-30: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.33$32.28$36.43$34.80$34.92
Max Pain$32.65$25.00$35.00$25.00$34.00
ATM IV51.3%34.3%64.4%41.5%62.5%
Expected Move15.6%10.8%18.4%11.4%17.5%
HV 20d42.6%38.2%51.9%51.9%38.8%
HV 60d44.9%43.0%45.7%43.1%45.4%
IV Rank43.0%10.1%68.4%24.2%64.7%
IV Percentile60.0%4.0%93.7%34.5%84.1%
Term Structure2.3%-10.9%23.8%4.5%-5.9%
VWIV54.9%37.6%63.3%41.5%58.5%
Skew 25d3.0%-17.3%24.1%4.0%3.6%
Skew 10d9.3%-22.7%37.1%6.0%-8.6%
Call IV 25d49.8%30.7%62.9%40.4%62.4%
Put IV 25d52.9%32.4%84.0%44.3%66.0%
Bid-Ask Spread %62.5046.7385.3061.0874.34
Gamma HHI0.200.110.360.320.14
Net GEX214.9K-201.0K533.0K440.4K233.4K
Net DEX-8.8M-15.7M-6.2M-11.5M-8.4M
Net VEX-102.2K-110.0K-95.5K-103.0K-108.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.0915.750.180.77
Total Volume737.551442,781144413
Total OI22,206.1514,87630,68926,31016,311

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$34.80$25.0041.5%11.4%51.9%24.2%41.5%4.0%4.5%440.4K-11.5M-103.0K0.1861.08N/AN/A1222216,29510,015
2025-01-03$35.15$25.0040.1%10.8%45.1%21.4%37.6%3.4%5.4%464.6K-12.4M-102.5K0.7861.93N/AN/A15211916,36510,001
2025-01-06$36.43$35.0034.3%15.2%46.9%10.1%51.2%-13.3%6.7%533.0K-15.7M-104.5K0.4060.48N/AN/A34813915,95310,009
2025-01-07$33.97$35.0041.0%15.1%48.2%23.1%52.1%12.9%6.8%360.9K-9.1M-96.3K0.8660.09N/AN/A65556616,19610,132
2025-01-08$33.78$35.0045.4%15.0%46.3%31.6%52.5%-1.4%3.6%323.3K-8.3M-97.0K0.4663.26N/AN/A1,00645816,47410,637
2025-01-10$32.88$35.0041.9%15.5%46.7%24.9%56.9%10.2%7.3%192.1K-6.9M-96.0K0.2456.04N/AN/A72417216,91410,677
2025-01-13$32.28$35.0052.8%16.3%45.7%45.9%55.3%7.4%0.9%154.5K-6.3M-95.5K0.1455.12N/AN/A4676516,83010,676
2025-01-14$32.81$30.0049.4%15.6%46.9%39.3%53.9%3.7%4.1%160.1K-7.3M-96.0K1.6766.26N/AN/A33355516,85810,660
2025-01-15$33.55$30.0050.2%12.7%42.9%41.0%48.6%1.5%-10.9%215.3K-9.2M-101.3K0.5972.81N/AN/A30317917,14911,205
2025-01-16$33.54$30.0042.8%15.1%39.8%26.6%53.9%5.0%19.9%128.7K-8.7M-99.3K15.7574.35N/AN/A1662,61517,22011,156
2025-01-17$33.86$30.0044.6%15.4%39.3%30.1%53.0%5.6%23.8%-201.0K-9.3M-102.3K0.5885.30N/AN/A18810917,33013,359
2025-01-21$34.37$35.0054.1%15.9%38.7%48.5%56.0%-3.1%0.6%123.4K-6.6M-101.4K0.6057.86N/AN/A4312597,6257,251
2025-01-22$34.00$35.0056.0%16.1%38.6%52.1%58.8%7.4%0.5%125.6K-6.2M-103.1K1.0748.06N/AN/A1801937,9407,390
2025-01-23$34.18$34.0057.7%16.5%38.2%55.3%58.4%1.2%0.1%65.8K-6.2M-103.0K8.4846.73N/AN/A1038738,0767,710
2025-01-24$34.52$34.0058.6%17.0%38.6%57.2%59.5%-0.6%-2.3%111.9K-6.9M-102.9K0.2156.55N/AN/A6271298,1608,178
2025-01-27$34.79$34.0062.3%17.7%38.7%64.3%62.8%-17.3%-3.7%160.7K-7.7M-103.6K0.2061.91N/AN/A247508,0097,389
2025-01-28$36.27$34.0062.9%17.8%41.3%65.5%62.0%2.7%-3.1%222.5K-10.5M-109.3K0.0957.08N/AN/A841778,2267,417
2025-01-29$35.27$34.0063.4%18.1%39.6%66.4%63.0%3.8%-4.4%239.5K-9.2M-109.6K0.1363.62N/AN/A399528,6397,468
2025-01-30$35.23$34.0064.4%18.4%39.3%68.4%63.3%24.1%-8.1%244.1K-8.9M-110.0K0.1567.09N/AN/A361538,7377,486
2025-01-31$34.92$34.0062.5%17.5%38.8%64.7%58.5%3.6%-5.9%233.4K-8.4M-108.1K0.7774.34N/AN/A2331808,8017,510