RWO Options History — April 2015

In April 2015, RWO traded between $48.32 and $50.59. ATM implied volatility averaged 16.6%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 3.9% (HV 20d: 12.7%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 3.75.

Notable Days

2015-04-01: Highest Volume — 19 contracts
2015-04-08: Largest IV drop — 40.7% change
2015-04-07: Highest IV Rank — 11.4%
2015-04-29: Largest Expected Move — 5.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$49.63	$48.32	$50.59	$49.74	$48.32
Max Pain	$44.00	$44.00	$44.00	$44.00	$44.00
ATM IV	16.6%	13.5%	22.8%	18.3%	18.5%
Expected Move	4.5%	3.7%	5.9%	5.2%	5.3%
HV 20d	12.7%	9.1%	17.9%	17.6%	10.8%
HV 60d	14.8%	14.2%	15.1%	15.1%	14.5%
IV Rank	7.1%	4.9%	11.4%	8.2%	8.4%
IV Percentile	52.7%	43.7%	65.5%	52.0%	61.1%
Term Structure	10.1%	-7.9%	36.4%	-0.8%	-4.9%
VWIV	22.3%	18.7%	26.5%	18.7%	26.5%
Skew 25d	1.8%	-0.3%	5.0%	2.1%	1.0%
Skew 10d	3.7%	0.0%	10.1%	2.1%	1.7%
Call IV 25d	15.8%	12.2%	20.4%	17.8%	20.4%
Put IV 25d	17.6%	15.7%	21.4%	19.9%	21.4%
Bid-Ask Spread %	138.99	132.19	151.56	151.56	143.73
Gamma HHI	0.44	0.33	0.59	0.40	0.38
Net GEX	-107	-1.1K	521	-791	32
Net DEX	-2.2K	-4.5K	6.3K	6.3K	-930
Net VEX	-87	-101	-73	-92	-85
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.75	3.75	3.75	3.75	3.75
Total Volume	18.095	0	19	19	19
Total OI	18.81	17	19	17	19

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
2015-04-01	$49.74	$0.00	18.3%	5.2%	17.6%	8.2%	0.0%	2.1%	-0.8%	-791	6.3K	-92	3.75	151.56	N/A	N/A	4	15	2	15
2015-04-02	$50.21	$44.00	18.6%	3.7%	17.9%	8.4%	18.7%	5.0%	31.5%	275	-3.7K	-90	3.75	134.27	N/A	N/A	4	15	4	15
2015-04-06	$50.59	$44.00	17.4%	3.9%	14.2%	7.6%	20.0%	4.5%	8.7%	-710	-4.5K	-93	3.75	132.19	N/A	N/A	4	15	4	15
2015-04-07	$50.16	$44.00	22.8%	4.1%	14.7%	11.4%	22.4%	2.3%	33.4%	-258	-2.7K	-98	3.75	133.28	N/A	N/A	4	15	4	15
2015-04-08	$50.37	$44.00	13.5%	3.9%	14.4%	4.9%	0.0%	2.4%	28.1%	-473	4.4K	-87	0.00	140.27	N/A	N/A	0	0	2	15
2015-04-09	$49.79	$44.00	14.2%	4.1%	15.3%	5.4%	22.8%	0.8%	36.4%	-371	-1.6K	-101	3.75	138.00	N/A	N/A	4	15	4	15
2015-04-10	$49.76	$44.00	14.5%	4.2%	14.4%	5.7%	19.2%	4.2%	-2.5%	-867	-3.0K	-97	3.75	135.97	N/A	N/A	4	15	4	15
2015-04-13	$49.42	$44.00	16.2%	4.7%	14.7%	6.8%	22.5%	2.8%	4.7%	-1.1K	-2.3K	-95	3.75	135.12	N/A	N/A	4	15	4	15
2015-04-14	$49.68	$44.00	15.1%	4.3%	14.4%	6.0%	21.4%	2.1%	29.9%	-335	-2.6K	-90	3.75	136.56	N/A	N/A	4	15	4	15
2015-04-15	$49.56	$44.00	15.7%	4.5%	14.3%	6.4%	22.6%	2.9%	30.3%	-365	-2.0K	-94	3.75	139.45	N/A	N/A	4	15	4	15
2015-04-16	$49.67	$44.00	15.0%	4.3%	12.3%	6.0%	20.1%	1.9%	30.5%	169	-3.1K	-86	3.75	139.27	N/A	N/A	4	15	4	15
2015-04-17	$49.27	$44.00	15.2%	4.4%	12.6%	6.1%	20.5%	-0.3%	9.2%	276	-2.9K	-84	3.75	138.35	N/A	N/A	4	15	4	15
2015-04-20	$49.33	$44.00	15.8%	4.5%	10.6%	6.5%	20.9%	-0.1%	-3.6%	299	-3.7K	-81	3.75	138.83	N/A	N/A	4	15	4	15
2015-04-21	$49.36	$44.00	15.9%	4.6%	10.6%	6.6%	21.1%	-0.3%	-3.6%	521	-3.7K	-81	3.75	140.30	N/A	N/A	4	15	4	15
2015-04-22	$49.43	$44.00	16.4%	4.7%	10.6%	6.9%	22.2%	-0.2%	-4.0%	514	-3.8K	-80	3.75	141.50	N/A	N/A	4	15	4	15
2015-04-23	$49.60	$44.00	15.0%	4.3%	9.9%	6.0%	26.2%	2.4%	0.4%	-208	-1.8K	-89	3.75	141.03	N/A	N/A	4	15	4	15
2015-04-24	$49.62	$44.00	15.9%	4.6%	9.5%	6.6%	23.3%	0.9%	-1.4%	324	-3.6K	-81	3.75	137.42	N/A	N/A	4	15	4	15
2015-04-27	$49.68	$44.00	17.8%	5.1%	9.4%	7.9%	23.1%	1.6%	-1.3%	148	-4.1K	-79	3.75	139.40	N/A	N/A	4	15	4	15
2015-04-28	$49.67	$44.00	16.0%	4.6%	9.1%	6.6%	26.2%	0.4%	-0.9%	491	-3.9K	-73	3.75	143.30	N/A	N/A	4	15	4	15
2015-04-29	$49.01	$44.00	20.5%	5.9%	9.7%	9.8%	24.7%	1.5%	-7.9%	171	-2.8K	-81	3.75	139.04	N/A	N/A	4	15	4	15
2015-04-30	$48.32	$44.00	18.5%	5.3%	10.8%	8.4%	26.5%	1.0%	-4.9%	32	-930	-85	3.75	143.73	N/A	N/A	4	15	4	15