RNG Options History — February 2026

In February 2026, RNG traded between $24.71 and $39.04. ATM implied volatility averaged 64.0%, placing in the 68.0% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded below realized volatility by 16.8% (HV 20d: 80.9%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 2.38.

Notable Days

  • 2026-02-20: Highest Volume — 15,690 contracts
  • 2026-02-20: Largest IV drop — 10.8% change
  • 2026-02-06: Highest IV Rank — 83.4%
  • 2026-02-04: Largest Expected Move — 22.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.37$24.71$39.04$26.32$36.10
Max Pain$26.63$25.00$30.00$27.00$30.00
ATM IV64.0%55.3%71.0%62.0%55.3%
Expected Move18.4%15.9%22.7%20.5%15.9%
HV 20d80.9%45.1%129.8%45.1%127.1%
HV 60d54.3%35.2%80.3%35.2%80.3%
IV Rank68.0%48.4%83.4%63.4%48.4%
IV Percentile87.7%69.4%97.2%85.3%69.4%
Term Structure-2.2%-5.0%1.1%-1.0%0.3%
VWIV64.9%56.5%77.7%71.5%63.2%
Skew 25d6.2%2.3%20.0%20.0%5.2%
Skew 10d8.3%-8.5%25.6%12.7%-0.9%
Call IV 25d63.2%49.4%70.6%49.4%54.3%
Put IV 25d69.4%59.5%77.9%69.4%59.5%
Bid-Ask Spread %53.5831.4167.9764.0861.11
Gamma HHI0.240.140.470.250.16
Net GEX20.2K-211.2K349.1K-64.1K-162.2K
Net DEX-4.7M-25.1M1.5M-1.4M-5.9M
Net VEX-51.9K-103.0K-27.0K-29.6K-102.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.380.1511.942.182.20
Total Volume2,389.15814615,690684563
Total OI13,456.6847,57325,1737,57325,173

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$26.32$27.0062.0%20.5%45.1%63.4%71.5%20.0%-1.0%-64.1K-1.4M-29.6K2.1864.08N/AN/A2154694,7492,824
2026-02-03$24.71$27.0063.7%21.9%49.7%67.1%77.6%4.8%-2.0%-105.6K1.5M-27.0K1.4957.33N/AN/A2313454,9193,197
2026-02-04$26.32$27.0065.6%22.7%54.7%71.5%77.7%10.6%-1.5%-91.9K-952.2K-31.3K0.3156.81N/AN/A291905,0103,483
2026-02-05$25.27$25.0068.0%17.8%55.5%76.7%62.3%8.2%-3.8%-114.2K667.8K-29.2K0.2131.41N/AN/A343735,2543,543
2026-02-06$26.92$25.0071.0%18.6%60.9%83.4%64.2%7.3%-3.9%349.1K-3.3M-31.1K4.2534.86N/AN/A4001,6985,3493,587
2026-02-09$27.43$25.0069.9%18.8%60.2%81.0%60.9%6.1%-2.6%85.7K-3.3M-32.4K2.1345.43N/AN/A1122385,1212,784
2026-02-10$29.23$25.0066.4%17.7%64.8%73.2%61.7%4.9%-4.3%119.5K-5.4M-34.9K0.5741.24N/AN/A9265315,1682,985
2026-02-11$28.11$25.0068.0%18.4%64.7%76.9%64.4%5.2%-3.6%126.2K-3.5M-35.1K0.7854.36N/AN/A82645,9623,459
2026-02-12$28.23$25.0068.5%18.7%64.5%78.0%71.3%6.5%-4.3%133.7K-3.8M-35.4K0.8656.80N/AN/A1671445,9993,478
2026-02-13$30.09$25.0069.0%18.9%65.1%79.0%66.4%5.8%-5.0%278.2K-7.6M-37.2K0.1566.73N/AN/A9921476,1113,612
2026-02-17$29.20$25.0068.1%19.4%64.8%77.0%68.0%6.7%-3.7%129.5K-5.1M-35.3K5.4448.74N/AN/A1478005,7033,385
2026-02-18$29.56$25.0066.8%19.2%63.8%74.2%67.0%6.3%-3.5%128.5K-5.6M-34.8K11.9467.97N/AN/A2052,4485,7534,095
2026-02-19$29.41$25.0066.5%19.2%63.9%73.5%66.8%5.1%-1.7%78.1K-4.8M-35.4K3.5945.78N/AN/A1,9386,9665,8485,480
2026-02-20$39.04$25.0059.4%17.0%117.2%57.6%59.9%2.4%1.1%91.0K-25.1M-55.2K1.2263.03N/AN/A7,0648,6267,80513,140
2026-02-23$34.36$30.0059.0%17.4%128.1%56.8%57.3%2.8%-1.1%-126.9K-966.8K-93.2K4.1163.45N/AN/A8963,6828,10913,896
2026-02-24$35.37$30.0057.2%16.4%128.2%52.6%57.9%2.3%-1.1%-211.2K-3.6M-100.7K1.0654.60N/AN/A8949488,55514,577
2026-02-25$34.55$30.0056.3%16.2%128.4%50.7%58.3%4.6%-0.7%-182.7K-2.3M-102.0K2.2557.53N/AN/A2535699,12914,427
2026-02-26$36.88$30.0056.1%15.9%129.8%50.3%56.5%3.8%-0.4%-76.8K-8.6M-103.0K0.4246.79N/AN/A1,2905479,24514,763
2026-02-27$36.10$30.0055.3%15.9%127.1%48.4%63.2%5.2%0.3%-162.2K-5.9M-102.5K2.2061.11N/AN/A17638710,08515,088