RWO Options History — May 2020

In May 2020, RWO traded between $34.92 and $38.83. ATM implied volatility averaged 37.6%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 0.9% (HV 20d: 36.7%). Max pain ranged from $28.00 to $33.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 3.33.

Notable Days

2020-05-29: Highest Volume — 135 contracts
2020-05-04: Largest IV spike — 77.5% change
2020-05-12: Highest IV Rank — 56.8%
2020-05-29: Largest Expected Move — 13.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.06	$34.92	$38.83	$37.27	$38.70
Max Pain	$32.64	$28.00	$33.00	$28.00	$33.00
ATM IV	37.6%	24.1%	70.3%	28.0%	45.8%
Expected Move	8.9%	6.9%	13.1%	8.0%	13.1%
HV 20d	36.7%	30.9%	45.4%	45.4%	36.8%
HV 60d	62.1%	60.9%	63.3%	61.0%	62.7%
IV Rank	27.3%	15.1%	56.8%	18.6%	34.7%
IV Percentile	65.9%	38.1%	94.8%	47.6%	83.3%
Term Structure	4.0%	-25.6%	66.0%	2.9%	-25.6%
VWIV	51.9%	45.8%	55.8%	50.4%	55.8%
Skew 25d	6.5%	-9.2%	31.6%	19.7%	31.6%
Skew 10d	6.1%	-21.6%	35.1%	9.5%	8.4%
Call IV 25d	29.8%	19.2%	45.6%	31.7%	20.7%
Put IV 25d	36.2%	25.6%	52.3%	51.4%	52.3%
Bid-Ask Spread %	147.12	119.66	169.12	119.66	166.27
Gamma HHI	0.73	0.49	1.00	1.00	0.51
Net GEX	-16.8K	-30.9K	-7.7K	-21.9K	-17.8K
Net DEX	134.8K	19.9K	250.0K	76.1K	102.2K
Net VEX	-841	-1.4K	-193	-385	-669
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.33	0.00	10.00	10.00	0.00
Total Volume	13.85	0	135	0	135
Total OI	245.65	178	317	178	317

Daily Data (20 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
2020-05-01	$37.27	$28.00	28.0%	8.0%	45.4%	18.6%	0.0%	19.7%	2.9%	-21.9K	76.1K	-385	0.00	119.66	N/A	N/A	0	0	1	177
2020-05-04	$37.07	$0.00	49.6%	8.3%	44.8%	38.2%	0.0%	2.6%	11.1%	-15.1K	142.3K	-834	0.00	142.96	N/A	N/A	0	0	1	177
2020-05-05	$37.17	$0.00	42.3%	8.9%	39.6%	31.5%	0.0%	15.5%	4.0%	-8.1K	160.8K	-1.1K	0.00	148.19	N/A	N/A	0	0	1	177
2020-05-06	$36.59	$0.00	38.5%	9.0%	37.5%	28.1%	0.0%	23.7%	6.4%	-9.8K	177.8K	-1.1K	0.00	136.29	N/A	N/A	0	0	1	177
2020-05-07	$37.15	$0.00	47.6%	6.9%	36.5%	36.3%	0.0%	16.7%	0.1%	-15.7K	72.0K	-579	0.00	137.14	N/A	N/A	0	0	1	177
2020-05-08	$38.01	$0.00	42.8%	7.1%	33.0%	32.0%	0.0%	-4.6%	-10.3%	-11.1K	66.2K	-559	0.00	150.53	N/A	N/A	0	0	1	177
2020-05-11	$37.64	$0.00	44.8%	7.6%	32.1%	33.8%	50.4%	-0.4%	0.5%	-19.1K	45.8K	-318	0.00	146.14	N/A	N/A	0	38	1	177
2020-05-12	$36.06	$33.00	70.3%	10.0%	34.8%	56.8%	55.8%	24.1%	20.8%	-14.4K	205.1K	-1.2K	0.00	143.22	N/A	N/A	0	40	1	215
2020-05-13	$35.15	$33.00	37.2%	10.7%	33.2%	26.9%	0.0%	-9.2%	-11.1%	-19.5K	246.9K	-1.4K	0.00	149.90	N/A	N/A	0	0	1	255
2020-05-14	$35.22	$33.00	32.8%	9.4%	33.0%	23.0%	0.0%	-2.0%	66.0%	-19.7K	250.0K	-1.3K	0.00	140.30	N/A	N/A	0	0	1	255
2020-05-15	$34.92	$33.00	40.0%	11.5%	30.9%	29.5%	0.0%	1.9%	-6.5%	-23.3K	247.0K	-1.3K	0.00	143.41	N/A	N/A	0	0	1	255
2020-05-18	$37.06	$33.00	36.2%	10.4%	37.1%	26.1%	0.0%	1.3%	-16.3%	-15.6K	170.4K	-1.1K	0.00	151.67	N/A	N/A	0	0	0	254
2020-05-19	$36.70	$33.00	35.5%	10.2%	36.5%	25.4%	45.8%	-1.3%	7.2%	-22.1K	163.5K	-964	10.00	169.12	N/A	N/A	2	20	0	254
2020-05-20	$36.90	$33.00	26.8%	7.7%	36.4%	17.6%	55.8%	-4.0%	16.0%	-17.7K	159.9K	-1.0K	0.00	147.21	N/A	N/A	0	40	2	274
2020-05-21	$36.84	$33.00	31.1%	8.9%	36.4%	21.4%	0.0%	4.3%	-2.0%	-23.5K	173.7K	-1.1K	0.00	130.15	N/A	N/A	0	0	2	314
2020-05-22	$36.77	$33.00	28.2%	8.1%	36.4%	18.8%	0.0%	-3.0%	13.0%	-30.9K	130.9K	-870	0.00	144.71	N/A	N/A	0	0	2	314
2020-05-26	$38.44	$33.00	24.1%	6.9%	38.5%	15.1%	0.0%	7.6%	16.0%	-12.1K	19.9K	-193	0.00	150.17	N/A	N/A	1	0	2	314
2020-05-27	$38.83	$33.00	25.4%	7.3%	38.4%	16.3%	0.0%	-2.3%	-6.4%	-7.7K	39.0K	-420	0.00	162.34	N/A	N/A	1	0	3	314
2020-05-28	$38.78	$33.00	25.9%	7.4%	37.4%	16.7%	0.0%	7.0%	-5.5%	-10.8K	46.7K	-461	0.00	163.11	N/A	N/A	0	0	3	314
2020-05-29	$38.70	$33.00	45.8%	13.1%	36.8%	34.7%	0.0%	31.6%	-25.6%	-17.8K	102.2K	-669	0.00	166.27	N/A	N/A	0	135	3	314