RNG Options History — April 2025

In April 2025, RNG traded between $21.29 and $25.87. ATM implied volatility averaged 66.2%, placing in the 78.6% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 2.9% (HV 20d: 63.3%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.92.

Notable Days

  • 2025-04-03: Highest Volume — 1,747 contracts
  • 2025-04-04: Largest IV spike — 40.2% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 22.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.61$21.29$25.87$25.32$25.38
Max Pain$24.05$22.50$25.00$25.00$22.50
ATM IV66.2%47.2%78.4%47.9%61.9%
Expected Move20.0%15.3%22.6%15.7%21.9%
HV 20d63.3%38.2%75.0%38.2%70.0%
HV 60d46.3%38.1%50.5%38.1%50.3%
IV Rank78.6%50.8%100.0%52.6%66.5%
IV Percentile88.6%59.5%100.0%60.7%80.6%
Term Structure-1.8%-17.6%8.7%3.0%-0.2%
VWIV67.8%53.9%80.1%55.8%68.3%
Skew 25d8.0%-19.6%24.0%7.5%9.6%
Skew 10d18.6%-19.5%52.0%2.2%16.6%
Call IV 25d59.8%34.7%79.6%35.4%58.0%
Put IV 25d67.8%42.9%87.0%42.9%67.5%
Bid-Ask Spread %47.1231.4465.6138.5441.00
Gamma HHI0.210.090.380.260.11
Net GEX18.2K-335.0K396.8K-307.0K96.9K
Net DEX1.8M-5.6M7.9M4.8M-2.6M
Net VEX-63.4K-72.6K-53.7K-69.3K-72.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.154.881.100.15
Total Volume898.3811501,747696499
Total OI18,827.28616,78520,49819,00017,650

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$25.32$25.0047.9%15.7%38.2%52.6%55.8%7.5%3.0%-307.0K4.8M-69.3K1.1038.54N/AN/A33136511,1797,821
2025-04-02$25.87$25.0047.2%15.3%38.8%50.8%53.9%-3.7%8.1%-335.0K3.0M-71.6K0.3347.50N/AN/A2718911,3098,025
2025-04-03$24.35$25.0054.5%16.8%43.7%71.1%59.6%16.6%0.9%-251.6K7.0M-65.6K0.4551.07N/AN/A1,20454311,4308,076
2025-04-04$22.68$25.0076.4%21.0%48.6%100.0%68.0%4.0%-1.7%-19.3K7.9M-60.5K0.1554.11N/AN/A1,45021412,2207,641
2025-04-07$21.98$25.0067.8%21.0%48.2%81.9%73.4%-5.5%6.1%37.2K4.4M-59.0K2.4853.65N/AN/A29873912,6606,136
2025-04-08$21.29$25.0072.8%22.6%48.8%92.5%80.1%4.1%0.2%33.2K4.9M-55.3K0.4037.03N/AN/A1,04741712,7656,239
2025-04-09$24.16$25.0062.4%19.1%69.1%70.4%65.7%-4.0%8.7%70.8K669.5K-68.5K0.4665.61N/AN/A1,01546712,9666,391
2025-04-10$22.87$25.0077.1%20.9%71.1%100.0%72.8%8.4%-5.5%26.7K3.2M-63.0K4.8862.54N/AN/A18489812,8016,544
2025-04-11$22.87$25.0073.2%21.3%70.2%91.8%70.5%-19.6%2.8%28.5K3.8M-63.1K0.2640.36N/AN/A69817912,9277,270
2025-04-14$22.56$25.0074.0%20.6%69.8%93.6%70.1%23.9%-3.4%-38.9K4.0M-59.9K1.4157.99N/AN/A24334212,7776,861
2025-04-15$22.48$25.0069.9%19.9%69.9%85.1%74.2%24.0%-2.9%-84.6K4.0M-57.0K0.3053.75N/AN/A1,12133612,9156,864
2025-04-16$22.45$25.0078.4%22.5%69.6%100.0%71.9%13.9%-17.6%-44.9K3.0M-56.8K1.9446.98N/AN/A7013613,8676,631
2025-04-17$22.73$25.0070.1%20.3%70.0%83.1%69.5%12.0%-3.3%-159.4K1.5M-59.2K0.8148.20N/AN/A32426113,9196,273
2025-04-21$22.09$22.5073.2%20.7%70.4%89.4%63.6%14.4%-11.5%75.3K2.1M-53.7K0.4452.64N/AN/A50022111,3105,642
2025-04-22$22.81$22.5067.4%20.2%69.6%77.6%66.1%11.9%-4.3%163.3K682.0K-58.5K1.4148.22N/AN/A38554411,7885,780
2025-04-23$23.56$22.5066.8%19.8%71.1%76.5%72.7%10.7%-3.3%282.6K-992.1K-62.8K0.8443.08N/AN/A19416311,9646,130
2025-04-24$24.98$22.5062.2%19.5%74.9%67.1%62.5%9.7%-3.5%396.8K-4.8M-67.6K0.1531.44N/AN/A67810512,0326,237
2025-04-25$25.08$22.5061.9%19.6%75.0%66.4%60.6%10.0%-4.7%241.7K-5.6M-70.8K0.2534.67N/AN/A40210112,3806,286
2025-04-28$25.04$22.5062.9%20.9%71.2%68.6%70.6%10.9%-2.9%80.9K-1.8M-68.2K0.2140.54N/AN/A1242610,9335,852
2025-04-29$25.18$22.5061.8%20.9%70.4%66.2%72.9%9.4%-1.8%89.6K-2.0M-68.4K0.9240.48N/AN/A87680611,0185,864
2025-04-30$25.38$22.5061.9%21.9%70.0%66.5%68.3%9.6%-0.2%96.9K-2.6M-72.6K0.1541.00N/AN/A4336611,4596,191