RNG Options History — March 2025

In March 2025, RNG traded between $24.80 and $28.14. ATM implied volatility averaged 43.5%, placing in the 40.5% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 10.1% (HV 20d: 33.5%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.75.

Notable Days

  • 2025-03-03: Highest Volume — 2,129 contracts
  • 2025-03-10: Largest IV spike — 20.9% change
  • 2025-03-10: Highest IV Rank — 69.4%
  • 2025-03-10: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.16$24.80$28.14$27.91$24.80
Max Pain$28.60$25.00$30.00$30.00$25.00
ATM IV43.5%33.5%53.9%46.3%46.5%
Expected Move14.5%12.9%17.0%13.9%16.1%
HV 20d33.5%22.2%38.6%37.0%37.0%
HV 60d37.8%35.0%43.1%43.1%37.7%
IV Rank40.5%12.4%69.4%48.2%48.8%
IV Percentile43.7%2.8%67.1%57.1%59.5%
Term Structure0.7%-3.0%7.6%-1.5%7.6%
VWIV48.0%25.7%58.5%49.7%56.3%
Skew 25d3.2%-12.3%21.4%2.2%21.4%
Skew 10d7.2%-12.5%34.1%-7.2%34.1%
Call IV 25d41.4%34.1%50.2%45.8%34.1%
Put IV 25d44.6%22.5%55.4%48.0%55.4%
Bid-Ask Spread %54.9738.8076.7751.6838.80
Gamma HHI0.210.120.410.120.30
Net GEX-198.2K-639.4K-70.7K-70.7K-258.6K
Net DEX1.5M-659.6K6.1M813.1K5.8M
Net VEX-78.2K-86.6K-65.3K-83.7K-65.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.169.902.102.10
Total Volume819.9051712,1292,1291,297
Total OI20,125.76218,01622,69419,05018,016

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$27.91$30.0046.3%13.9%37.0%48.2%49.7%2.2%-1.5%-70.7K813.1K-83.7K2.1051.68N/AN/A6871,44210,8628,188
2025-03-04$27.65$30.0045.8%14.0%36.8%46.8%46.5%3.3%-0.6%-145.8K1.8M-84.2K0.2047.27N/AN/A4228411,3609,276
2025-03-05$28.03$30.0045.5%13.5%37.1%45.9%46.1%3.6%-0.4%-132.7K692.1K-86.6K0.8155.50N/AN/A22118011,5379,293
2025-03-06$27.79$29.0046.1%14.3%36.5%47.5%50.3%7.6%-1.3%-201.7K1.3M-85.0K0.6855.94N/AN/A22715511,5789,415
2025-03-07$28.14$29.0044.5%14.2%37.3%43.3%49.2%8.7%0.3%-410.1K333.9K-86.3K3.4257.62N/AN/A27694411,6469,569
2025-03-10$27.09$29.0053.9%17.0%38.6%69.4%58.5%1.3%-3.0%-112.5K1.6M-81.5K1.2759.92N/AN/A25832711,1638,809
2025-03-11$26.78$29.0049.3%16.5%35.4%56.6%58.0%2.5%5.0%-158.3K2.4M-80.3K0.5765.66N/AN/A28716311,2519,101
2025-03-12$26.90$29.0049.5%15.0%35.8%57.1%52.7%3.6%-2.3%-153.1K2.2M-79.3K1.0668.90N/AN/A14215011,3299,158
2025-03-13$26.31$29.0049.3%15.8%34.3%56.6%54.2%3.1%-0.7%-185.7K3.1M-74.5K2.3375.48N/AN/A24557011,3809,097
2025-03-14$26.95$28.0046.1%12.9%36.4%47.6%35.0%2.7%-2.1%-223.7K1.3M-77.5K1.5176.77N/AN/A50075411,4639,326
2025-03-17$27.23$30.0043.6%13.9%35.3%40.7%48.7%3.0%-0.4%-129.7K816.5K-76.7K0.1653.99N/AN/A6119711,4369,019
2025-03-18$27.11$30.0044.5%13.9%35.1%43.1%39.4%1.8%0.8%-134.3K907.6K-76.0K0.2741.40N/AN/A1584311,8759,058
2025-03-19$27.36$30.0043.6%13.6%32.0%40.7%25.7%3.0%3.3%-161.3K428.9K-76.2K1.0946.17N/AN/A828911,9409,081
2025-03-20$27.16$0.0041.3%15.1%30.3%34.4%49.4%3.2%-2.8%-244.3K965.6K-73.0K9.9049.64N/AN/A1681,66311,9719,083
2025-03-21$26.82$30.0039.3%14.8%22.2%28.7%47.3%-0.2%4.4%-639.4K3.1M-73.7K4.0947.93N/AN/A22893312,04410,650
2025-03-24$27.95$30.0034.6%13.1%27.3%15.5%46.8%3.0%3.3%-140.2K-440.2K-78.0K0.1956.51N/AN/A59811310,1377,970
2025-03-25$27.93$30.0033.5%13.7%27.3%12.4%48.7%3.6%4.4%-107.2K-659.6K-78.7K0.1649.46N/AN/A3635810,4248,020
2025-03-26$27.55$25.0034.6%13.9%27.6%15.5%48.6%-12.3%1.9%-165.8K-182.4K-79.1K0.6751.34N/AN/A1409410,7648,075
2025-03-27$27.37$25.0036.8%14.4%27.7%21.7%47.2%1.9%0.3%-170.7K57.7K-76.7K1.2951.47N/AN/A14518710,8888,147
2025-03-28$25.59$25.0039.7%14.5%35.8%29.7%49.6%0.9%-0.5%-216.2K6.1M-69.3K2.9552.97N/AN/A5361,58110,9658,277
2025-03-31$24.80$25.0046.5%16.1%37.0%48.8%56.3%21.4%7.6%-258.6K5.8M-65.3K2.1038.80N/AN/A41887910,8307,186