RNG Options History — July 2025

In July 2025, RNG traded between $25.50 and $29.95. ATM implied volatility averaged 53.9%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 17.6% (HV 20d: 36.3%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2025-07-22: Highest Volume — 5,431 contracts
  • 2025-07-10: Largest IV spike — 38.3% change
  • 2025-07-15: Highest IV Rank — 60.4%
  • 2025-07-31: Largest Expected Move — 20.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.62$25.50$29.95$29.19$25.50
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV53.9%39.6%58.9%43.9%56.4%
Expected Move16.2%9.9%20.8%10.4%20.8%
HV 20d36.3%32.3%40.8%33.5%38.0%
HV 60d34.5%30.5%45.0%45.0%34.0%
IV Rank50.3%21.3%60.4%30.1%55.3%
IV Percentile67.8%25.4%77.8%48.8%75.4%
Term Structure-2.1%-30.4%24.0%5.9%-3.0%
VWIV56.6%35.4%70.4%37.2%70.4%
Skew 25d3.2%-23.1%13.5%5.3%9.0%
Skew 10d15.8%0.2%31.0%31.0%23.3%
Call IV 25d52.4%28.9%81.6%41.2%54.2%
Put IV 25d55.7%32.6%63.2%46.5%63.2%
Bid-Ask Spread %50.4026.9077.8461.6336.72
Gamma HHI0.210.110.360.290.14
Net GEX359.1K-58.5K1.0M593.4K14.1K
Net DEX-5.7M-14.2M1.1M-11.2M1.1M
Net VEX-72.3K-81.5K-63.1K-78.8K-67.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.022.280.221.07
Total Volume1,177.5911615,4311,140649
Total OI25,082.95523,00327,97023,37927,913

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$29.19$25.0043.9%10.4%33.5%30.1%37.2%5.3%5.9%593.4K-11.2M-78.8K0.2261.63N/AN/A93420614,9828,397
2025-07-02$29.59$25.0044.2%9.9%32.3%30.7%35.4%5.1%7.1%633.4K-12.6M-81.5K0.3862.85N/AN/A38714615,1938,520
2025-07-03$29.95$25.0044.8%14.2%32.4%31.8%46.1%10.2%-7.9%663.7K-14.2M-80.6K0.7563.42N/AN/A67250415,2458,465
2025-07-07$29.48$25.0052.1%14.8%33.3%46.7%57.5%4.7%-1.4%594.2K-11.0M-75.4K0.8163.76N/AN/A16413314,6788,443
2025-07-08$29.74$25.0054.2%14.9%33.3%50.9%53.0%-4.1%-1.7%632.6K-11.9M-78.6K0.5863.09N/AN/A18910914,7448,604
2025-07-09$29.34$25.0039.6%14.9%33.8%21.3%52.2%-10.3%24.0%658.4K-10.3M-76.5K0.7163.27N/AN/A946714,8048,597
2025-07-10$28.79$25.0054.8%15.2%34.7%52.1%52.9%-23.1%-2.0%592.4K-8.3M-73.0K0.2463.36N/AN/A91021714,8158,650
2025-07-11$27.08$25.0055.4%16.1%40.4%53.4%52.7%3.7%1.4%208.4K-2.6M-65.5K0.1777.84N/AN/A1,51626314,9358,794
2025-07-14$26.54$25.0058.3%16.6%40.8%59.2%55.9%4.5%-3.3%160.3K-2.5M-65.1K0.4259.25N/AN/A47720114,8248,760
2025-07-15$26.07$25.0058.9%16.8%39.2%60.4%60.4%4.3%-5.4%112.8K-1.7M-63.1K2.2861.51N/AN/A26660715,1888,815
2025-07-16$26.14$25.0058.5%16.8%34.7%59.7%57.5%4.2%-4.1%104.1K-1.9M-65.2K0.4063.49N/AN/A35014015,2489,217
2025-07-17$26.37$25.0057.5%16.6%34.9%57.6%54.4%5.6%-2.1%68.3K-2.3M-63.7K2.2445.81N/AN/A1,1462,57115,3129,316
2025-07-18$26.63$25.0058.2%17.0%35.0%59.0%56.1%5.7%-2.4%-58.5K-2.4M-69.3K0.1334.42N/AN/A1,07213716,11811,762
2025-07-21$26.66$25.0057.5%16.9%34.6%57.6%55.2%10.3%-2.8%55.0K-1.2M-66.0K0.1026.90N/AN/A5485312,42510,578
2025-07-22$27.95$25.0055.4%17.2%38.4%53.4%59.7%13.5%-3.2%179.9K-4.8M-76.1K0.0241.40N/AN/A5,3409112,68810,611
2025-07-23$28.23$25.0051.2%17.4%37.0%44.8%61.6%3.5%-1.4%1.0M-10.6M-80.3K0.1831.54N/AN/A1,65529217,14110,668
2025-07-24$27.43$25.0057.5%17.6%38.1%57.5%63.3%3.0%-30.4%639.4K-5.7M-75.5K0.1636.61N/AN/A98716016,69910,679
2025-07-25$26.79$25.0057.3%17.5%38.2%57.1%63.1%4.5%-5.3%287.1K-3.1M-71.6K1.4031.04N/AN/A35850117,17910,791
2025-07-28$27.36$25.0057.5%18.9%39.0%57.6%64.7%3.4%-0.2%367.0K-4.5M-73.9K1.1628.39N/AN/A28533015,84111,172
2025-07-29$26.52$25.0055.1%16.8%39.7%52.7%66.3%4.2%-4.0%206.3K-1.7M-69.5K0.6238.99N/AN/A25515816,01311,439
2025-07-30$26.38$25.0057.5%19.3%37.3%57.6%68.9%3.9%-3.4%154.3K-1.4M-72.8K0.1653.60N/AN/A65910816,08211,480
2025-07-31$25.50$25.0056.4%20.8%38.0%55.3%70.4%9.0%-3.0%14.1K1.1M-67.8K1.0736.72N/AN/A31433516,37011,543