RWO Options History — November 2017

In November 2017, RWO traded between $47.42 and $48.83. ATM implied volatility averaged 13.1%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 7.1% (HV 20d: 6.0%). Max pain ranged from $48.00 to $49.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.05.

Notable Days

2017-11-01: Highest Volume — 19 contracts
2017-11-14: Largest IV spike — 32.0% change
2017-11-15: Highest IV Rank — 25.6%
2017-11-15: Largest Expected Move — 4.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.34	$47.42	$48.83	$47.42	$48.70
Max Pain	$48.90	$48.00	$49.00	$48.00	$49.00
ATM IV	13.1%	9.2%	14.9%	14.4%	14.2%
Expected Move	3.6%	2.6%	4.3%	4.1%	4.1%
HV 20d	6.0%	5.4%	6.8%	5.7%	5.8%
HV 60d	6.9%	6.6%	7.5%	7.4%	6.6%
IV Rank	18.1%	2.2%	25.6%	23.3%	22.4%
IV Percentile	42.3%	0.4%	71.4%	60.3%	60.7%
Term Structure	21.7%	-3.8%	46.9%	-2.7%	-1.9%
VWIV	11.8%	10.3%	14.0%	14.0%	13.1%
Skew 25d	2.7%	0.1%	5.7%	1.4%	3.5%
Skew 10d	2.9%	-3.4%	10.2%	-3.4%	7.1%
Call IV 25d	10.7%	7.7%	14.9%	14.9%	9.9%
Put IV 25d	13.3%	11.9%	16.3%	16.3%	13.4%
Bid-Ask Spread %	151.50	136.38	160.61	136.38	147.49
Gamma HHI	0.41	0.31	0.62	0.53	0.61
Net GEX	2.8K	1.1K	7.2K	3.3K	3.7K
Net DEX	-36.2K	-42.7K	-12.9K	-12.9K	-34.9K
Net VEX	-122	-150	-47	-47	-106
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.05	0.00	0.07	0.00	0.07
Total Volume	16.238	14	19	19	15
Total OI	15.762	9	19	9	15

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
2017-11-01	$47.42	$48.00	14.4%	4.1%	5.7%	23.3%	14.0%	1.4%	-2.7%	3.3K	-12.9K	-47	0.00	136.38	N/A	N/A	19	0	9	0
2017-11-02	$47.66	$0.00	12.8%	3.3%	5.9%	16.9%	0.0%	1.8%	39.5%	4.5K	-42.7K	-150	0.06	145.87	N/A	N/A	16	1	19	0
2017-11-03	$47.62	$0.00	12.9%	3.4%	5.8%	17.3%	0.0%	1.1%	39.7%	2.0K	-34.8K	-141	0.06	149.94	N/A	N/A	16	1	16	1
2017-11-06	$47.83	$0.00	14.7%	3.0%	6.0%	24.6%	0.0%	1.3%	44.4%	2.0K	-35.5K	-139	0.06	155.21	N/A	N/A	16	1	16	1
2017-11-07	$48.02	$0.00	13.4%	3.0%	5.9%	19.3%	0.0%	3.1%	11.9%	7.2K	-32.3K	-101	0.06	152.06	N/A	N/A	16	1	16	1
2017-11-08	$48.29	$0.00	11.0%	3.1%	6.1%	9.5%	0.0%	1.9%	40.3%	2.9K	-38.8K	-137	0.06	160.61	N/A	N/A	16	1	16	1
2017-11-09	$48.49	$0.00	12.7%	3.7%	6.1%	16.6%	0.0%	3.2%	38.6%	2.6K	-40.8K	-137	0.06	152.75	N/A	N/A	16	1	16	1
2017-11-10	$48.48	$0.00	13.3%	3.8%	6.0%	18.9%	0.0%	3.3%	37.7%	2.7K	-40.0K	-135	0.06	152.15	N/A	N/A	16	1	16	1
2017-11-13	$48.51	$0.00	9.2%	2.6%	5.8%	2.2%	0.0%	3.8%	46.9%	2.7K	-41.1K	-132	0.06	153.55	N/A	N/A	16	1	16	1
2017-11-14	$48.48	$0.00	12.1%	3.5%	5.8%	14.0%	0.0%	4.1%	40.0%	4.0K	-39.9K	-127	0.06	158.61	N/A	N/A	16	1	16	1
2017-11-15	$48.16	$0.00	14.9%	4.3%	6.3%	25.6%	0.0%	1.2%	41.4%	2.7K	-36.8K	-127	0.06	140.11	N/A	N/A	16	1	16	1
2017-11-16	$48.56	$0.00	11.0%	3.2%	6.8%	9.6%	11.7%	0.1%	45.4%	3.3K	-40.2K	-126	0.06	153.72	N/A	N/A	17	1	16	1
2017-11-17	$48.45	$49.00	14.4%	4.1%	6.6%	23.5%	10.5%	1.4%	42.4%	1.3K	-41.3K	-127	0.06	145.95	N/A	N/A	17	1	17	1
2017-11-20	$48.42	$49.00	14.6%	4.2%	6.2%	24.1%	10.7%	5.2%	-0.6%	1.3K	-36.5K	-124	0.00	148.24	N/A	N/A	14	0	14	0
2017-11-21	$48.68	$49.00	11.5%	3.3%	6.2%	11.6%	11.7%	1.8%	-1.8%	3.2K	-30.9K	-101	0.00	153.88	N/A	N/A	14	0	14	0
2017-11-22	$48.71	$49.00	13.5%	3.9%	5.8%	19.6%	10.4%	5.7%	0.3%	1.3K	-37.6K	-124	0.00	155.16	N/A	N/A	14	0	14	0
2017-11-24	$48.83	$49.00	12.6%	3.6%	5.4%	15.9%	10.3%	4.1%	1.2%	1.4K	-38.8K	-122	0.00	155.20	N/A	N/A	14	0	14	0
2017-11-27	$48.64	$49.00	13.8%	3.9%	5.7%	20.8%	11.6%	2.8%	-1.8%	1.5K	-38.0K	-120	0.07	158.14	N/A	N/A	14	1	14	0
2017-11-28	$48.54	$49.00	14.4%	4.1%	5.8%	23.5%	12.5%	1.7%	-0.5%	1.1K	-33.6K	-125	0.07	160.16	N/A	N/A	14	1	14	1
2017-11-29	$48.56	$49.00	14.0%	4.0%	5.8%	21.6%	13.5%	4.0%	-3.8%	3.7K	-32.0K	-109	0.07	146.24	N/A	N/A	14	1	14	1
2017-11-30	$48.70	$49.00	14.2%	4.1%	5.8%	22.4%	13.1%	3.5%	-1.9%	3.7K	-34.9K	-106	0.07	147.49	N/A	N/A	14	1	14	1