RWO Options History — December 2013

In December 2013, RWO traded between $40.60 and $41.72. ATM implied volatility averaged 25.3%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 14.8% (HV 20d: 10.6%). Max pain ranged from $40.00 to $43.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2013-12-02: Highest Volume — 25 contracts
2013-12-17: Largest IV spike — 250.8% change
2013-12-05: Highest IV Rank — 100.0%
2013-12-05: Largest Expected Move — 21.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.19	$40.60	$41.72	$41.50	$41.53
Max Pain	$40.43	$40.00	$43.00	$43.00	$40.00
ATM IV	25.3%	7.5%	76.1%	13.7%	7.5%
Expected Move	6.7%	2.2%	21.8%	3.9%	2.2%
HV 20d	10.6%	9.2%	11.6%	10.5%	11.0%
HV 60d	12.8%	11.9%	14.4%	14.4%	12.1%
IV Rank	29.3%	0.8%	100.0%	16.6%	0.8%
IV Percentile	52.5%	0.5%	100.0%	38.6%	0.5%
Term Structure	-9.3%	-58.1%	25.6%	-1.4%	3.2%
VWIV	15.1%	15.0%	15.1%	15.1%	15.0%
Skew 25d	1.8%	-36.1%	58.6%	-5.1%	2.8%
Skew 10d	-3.2%	-80.4%	56.4%	-1.7%	1.5%
Call IV 25d	19.0%	7.4%	66.9%	14.2%	8.0%
Put IV 25d	20.9%	9.1%	79.7%	9.1%	10.8%
Bid-Ask Spread %	106.90	72.39	187.53	76.80	98.61
Gamma HHI	0.33	0.25	0.43	0.28	0.43
Net GEX	406	-10.7K	10.8K	-10.7K	-5.7K
Net DEX	163.4K	103.8K	243.9K	212.1K	106.0K
Net VEX	-239	-471	-94	-306	-97
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.00	2.00	0.00	0.00
Total Volume	2.381	0	25	25	0
Total OI	95.667	34	127	87	34

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-12-02	$41.50	$43.00	13.7%	3.9%	10.5%	16.6%	15.1%	-5.1%	-1.4%	-10.7K	212.1K	-306	0.00	76.80	N/A	N/A	25	0	17	70
2013-12-03	$41.31	$42.00	17.6%	5.0%	10.4%	26.2%	15.0%	2.4%	-2.5%	-650	191.2K	-370	2.00	76.50	N/A	N/A	1	2	42	70
2013-12-04	$41.39	$42.00	46.1%	13.2%	9.9%	96.7%	0.0%	58.6%	-58.1%	-4.1K	126.8K	-459	0.00	127.12	N/A	N/A	0	0	43	72
2013-12-05	$41.39	$42.00	76.1%	21.8%	9.9%	100.0%	0.0%	5.8%	-32.3%	-4.5K	128.8K	-439	0.00	124.81	N/A	N/A	0	0	43	72
2013-12-06	$41.67	$40.00	73.7%	12.6%	9.2%	96.6%	0.0%	-24.1%	-35.7%	-4.7K	103.8K	-471	0.00	155.88	N/A	N/A	12	0	43	72
2013-12-09	$41.72	$40.00	15.0%	3.8%	9.2%	11.6%	0.0%	5.3%	0.9%	6.1K	146.6K	-388	0.00	92.39	N/A	N/A	0	0	55	72
2013-12-10	$41.58	$40.00	15.5%	3.8%	9.2%	12.3%	0.0%	4.2%	1.0%	6.6K	154.2K	-374	0.00	77.57	N/A	N/A	0	0	55	72
2013-12-11	$40.84	$40.00	18.8%	4.0%	10.9%	17.1%	0.0%	5.1%	0.9%	5.7K	221.7K	-248	0.00	83.47	N/A	N/A	0	0	55	72
2013-12-12	$40.60	$40.00	14.3%	4.1%	10.5%	10.5%	0.0%	4.0%	1.3%	5.5K	236.1K	-204	0.00	83.14	N/A	N/A	0	0	55	72
2013-12-13	$40.71	$40.00	49.0%	14.1%	10.1%	60.8%	0.0%	-3.1%	-38.5%	6.1K	230.8K	-225	0.00	163.73	N/A	N/A	0	0	55	72
2013-12-16	$40.77	$40.00	14.8%	4.3%	9.6%	11.3%	0.0%	4.3%	0.7%	6.7K	236.5K	-190	0.00	83.07	N/A	N/A	0	0	55	72
2013-12-17	$40.74	$40.00	52.0%	14.9%	9.6%	65.2%	0.0%	-11.9%	-17.0%	-2.3K	104.5K	-297	0.00	187.53	N/A	N/A	3	0	55	72
2013-12-18	$41.41	$40.00	12.3%	3.5%	11.5%	7.7%	0.0%	5.7%	0.7%	10.8K	209.4K	-176	0.00	92.25	N/A	N/A	0	0	52	72
2013-12-19	$41.07	$40.00	12.0%	3.5%	11.5%	7.3%	0.0%	3.7%	1.5%	9.3K	243.9K	-135	0.00	89.60	N/A	N/A	0	0	52	72
2013-12-20	$40.84	$40.00	11.7%	3.3%	11.4%	6.7%	0.0%	-36.1%	25.6%	10.7K	237.9K	-128	0.00	160.14	N/A	N/A	0	5	52	72
2013-12-23	$41.03	$40.00	12.9%	3.7%	11.6%	8.5%	0.0%	4.7%	-0.2%	-5.1K	108.4K	-113	0.00	72.39	N/A	N/A	0	2	1	33
2013-12-24	$41.13	$40.00	11.9%	3.4%	11.5%	7.1%	0.0%	5.4%	0.4%	-5.4K	108.4K	-111	0.00	93.56	N/A	N/A	0	0	1	33
2013-12-26	$41.19	$40.00	10.8%	3.1%	11.5%	5.4%	0.0%	2.0%	1.9%	-5.3K	108.7K	-100	0.00	87.67	N/A	N/A	0	0	1	33
2013-12-27	$41.13	$40.00	35.8%	10.3%	11.3%	41.7%	0.0%	1.8%	-48.9%	-5.0K	109.4K	-100	0.00	133.54	N/A	N/A	0	0	1	33
2013-12-30	$41.44	$40.00	10.5%	3.0%	11.6%	5.1%	0.0%	3.1%	1.8%	-5.5K	107.1K	-94	0.00	85.06	N/A	N/A	0	0	1	33
2013-12-31	$41.53	$40.00	7.5%	2.2%	11.0%	0.8%	0.0%	2.8%	3.2%	-5.7K	106.0K	-97	0.00	98.61	N/A	N/A	0	0	1	33