RNG Options History — May 2025

In May 2025, RNG traded between $25.73 and $28.29. ATM implied volatility averaged 45.4%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 7.8% (HV 20d: 37.7%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2025-05-09: Highest Volume — 3,039 contracts
  • 2025-05-07: Largest IV drop — 26.7% change
  • 2025-05-06: Highest IV Rank — 68.1%
  • 2025-05-01: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.77$25.73$28.29$25.73$25.89
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV45.4%38.1%62.7%62.2%39.9%
Expected Move12.9%10.1%21.4%21.4%11.2%
HV 20d37.7%26.9%69.8%69.8%27.8%
HV 60d49.2%47.3%50.8%50.4%48.1%
IV Rank33.1%18.3%68.1%67.2%22.0%
IV Percentile45.7%24.2%85.3%81.3%29.0%
Term Structure-1.3%-7.5%3.6%-3.0%0.7%
VWIV45.1%34.5%77.8%76.3%39.0%
Skew 25d4.3%-16.4%10.4%9.1%3.1%
Skew 10d11.8%-1.6%29.7%16.9%9.3%
Call IV 25d44.7%36.0%86.4%57.9%39.4%
Put IV 25d48.9%35.8%84.6%67.0%42.5%
Bid-Ask Spread %36.7716.1264.4742.7057.27
Gamma HHI0.130.090.190.110.17
Net GEX224.2K117.2K516.0K117.2K149.3K
Net DEX-4.6M-8.2M-2.3M-3.3M-2.3M
Net VEX-75.3K-80.7K-70.4K-74.2K-70.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.059.470.810.37
Total Volume7181153,039833495
Total OI18,435.42916,82820,33517,91018,664

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$25.73$22.5062.2%21.4%69.8%67.2%76.3%9.1%-3.0%117.2K-3.3M-74.2K0.8142.70N/AN/A45937411,6736,237
2025-05-02$25.75$22.5060.4%20.9%66.0%63.4%77.8%10.0%-2.4%133.0K-3.6M-74.1K0.7850.66N/AN/A25219612,0836,428
2025-05-05$25.92$22.5062.6%16.2%60.0%67.9%51.5%8.1%-3.0%156.5K-3.9M-76.5K1.3337.88N/AN/A42756911,9746,077
2025-05-06$25.88$22.5062.7%16.1%58.4%68.1%54.7%-1.8%-2.7%187.3K-3.9M-74.2K9.4725.61N/AN/A8984312,3556,106
2025-05-07$26.21$22.5046.0%15.1%56.4%34.2%54.6%-16.4%-7.5%186.6K-4.4M-74.2K1.6564.47N/AN/A528612,4066,808
2025-05-08$26.85$22.5052.8%16.0%36.8%48.0%56.1%7.8%3.6%217.7K-5.7M-78.4K0.6919.93N/AN/A64944712,4416,882
2025-05-09$27.85$22.5041.4%11.2%30.8%24.9%39.8%5.1%0.3%516.0K-8.2M-76.8K0.5063.91N/AN/A2,0201,01912,8947,441
2025-05-12$28.29$22.5040.2%10.4%30.6%22.5%36.3%5.3%-3.5%309.2K-6.9M-79.4K2.6427.63N/AN/A32385312,1566,244
2025-05-13$28.29$22.5039.4%10.4%29.6%21.0%36.4%4.7%-2.9%359.9K-7.2M-80.3K0.2825.33N/AN/A3228912,5776,421
2025-05-14$27.76$22.5040.0%10.6%31.1%22.0%37.1%5.7%-2.8%305.2K-6.1M-77.6K0.1426.52N/AN/A3094212,5806,376
2025-05-15$27.99$22.5045.1%10.6%30.8%32.5%37.0%10.4%-4.9%340.5K-6.8M-80.7K0.3726.71N/AN/A843112,8326,413
2025-05-16$28.05$22.5038.1%10.1%30.9%18.3%36.1%5.3%-4.3%433.5K-6.9M-78.3K0.2924.56N/AN/A3109112,8816,396
2025-05-19$27.35$22.5038.4%10.8%30.4%18.9%39.7%4.6%1.9%209.1K-4.5M-75.3K0.4839.76N/AN/A1356511,9194,909
2025-05-20$27.29$22.5038.4%11.0%29.6%18.9%38.1%5.2%0.7%212.9K-4.4M-75.7K0.0516.12N/AN/A176912,0144,951
2025-05-21$26.19$22.5041.2%11.8%33.2%24.6%43.3%5.1%-0.3%147.0K-2.9M-72.7K0.3430.96N/AN/A65422512,0874,953
2025-05-22$26.55$22.5040.4%11.6%26.9%23.0%38.1%3.6%-0.2%152.9K-3.5M-72.1K0.2239.89N/AN/A82917912,3355,024
2025-05-23$26.12$22.5041.5%11.8%27.7%25.2%40.7%2.4%0.9%160.8K-3.1M-72.4K0.6535.34N/AN/A62140113,0245,088
2025-05-27$26.34$22.5039.6%11.4%27.8%21.3%40.2%4.2%1.0%135.9K-3.2M-73.6K1.1621.82N/AN/A19923113,0185,354
2025-05-28$26.11$22.5042.4%11.5%28.0%27.1%39.4%4.3%1.2%130.6K-2.8M-71.8K2.0653.12N/AN/A22646513,1265,395
2025-05-29$25.85$22.5041.4%11.4%28.2%25.0%34.5%3.5%-0.2%147.7K-2.4M-71.8K1.3041.95N/AN/A10113113,2115,391
2025-05-30$25.89$22.5039.9%11.2%27.8%22.0%39.0%3.1%0.7%149.3K-2.3M-70.4K0.3757.27N/AN/A36113413,2665,398