RWO Options History — October 2020

In October 2020, RWO traded between $37.97 and $41.41. ATM implied volatility averaged 34.8%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 12.5% (HV 20d: 22.3%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 6 of 22 days.

Notable Days

  • 2020-10-06: Largest IV spike — 95.0% change
  • 2020-10-13: Highest IV Rank — 43.7%
  • 2020-10-02: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.10$37.97$41.41$40.11$38.11
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV34.8%22.4%56.4%30.0%41.5%
Expected Move8.6%6.3%12.7%8.6%11.9%
HV 20d22.3%16.5%26.9%26.3%17.0%
HV 60d19.3%18.8%20.1%19.2%20.1%
IV Rank23.9%12.6%43.7%19.5%30.0%
IV Percentile41.7%6.7%88.9%29.4%65.1%
Term Structure-5.4%-26.4%9.5%-9.8%-20.1%
Skew 25d5.1%-19.1%33.4%-18.5%1.5%
Skew 10d2.8%-20.3%26.7%26.7%-1.0%
Call IV 25d29.1%15.3%78.5%42.9%41.2%
Put IV 25d34.2%19.0%59.4%24.4%42.7%
Bid-Ask Spread %134.20120.87182.20172.43131.11
Gamma HHI0.400.270.510.470.39
Net GEX237-222428335206
Net DEX-2.8K-5.8K705-4.5K-744
Net VEX-29-61-18-33-18
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI6464646464

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$40.11$0.0030.0%8.6%26.3%19.5%0.0%-18.5%-9.8%335-4.5K-330.00172.43N/AN/A00460
2020-10-02$40.75$0.0044.2%12.7%26.8%32.5%0.0%-19.1%-12.7%302-4.8K-320.00182.20N/AN/A00460
2020-10-05$41.01$40.0027.0%6.8%26.9%16.8%0.0%23.7%-11.4%305-4.6K-380.00128.35N/AN/A00460
2020-10-06$40.94$40.0052.6%8.2%26.7%40.2%0.0%5.9%9.5%389-5.0K-310.00139.16N/AN/A00460
2020-10-07$40.92$40.0049.8%7.4%26.6%37.6%0.0%23.4%2.6%-222-1.7K-490.00120.87N/AN/A00460
2020-10-08$41.31$40.0035.4%10.8%26.4%24.4%0.0%2.1%-17.3%-220-3.0K-610.00131.23N/AN/A00460
2020-10-09$41.15$40.0046.8%6.3%26.3%34.8%0.0%2.6%-2.6%428-4.7K-290.00127.69N/AN/A00460
2020-10-12$41.41$40.0039.5%10.7%25.5%28.2%0.0%6.3%-14.0%396-5.8K-300.00128.22N/AN/A00460
2020-10-13$40.81$40.0056.4%7.9%25.9%43.7%0.0%-1.4%-5.1%352-3.8K-270.00132.00N/AN/A00460
2020-10-14$40.45$40.0030.0%8.6%25.6%19.6%0.0%-2.6%3.8%386-4.0K-280.00126.47N/AN/A00460
2020-10-15$40.53$40.0031.9%9.1%25.4%21.3%0.0%5.2%-6.6%386-4.2K-280.00132.57N/AN/A00460
2020-10-16$40.08$40.0027.0%7.7%24.8%16.8%0.0%1.6%-2.8%365-3.0K-260.00130.41N/AN/A00460
2020-10-19$39.62$40.0023.1%6.6%19.7%13.2%0.0%19.4%-3.5%299-2.1K-230.00140.57N/AN/A00460
2020-10-20$39.95$40.0022.4%6.4%19.6%12.6%0.0%19.3%8.7%216-1.2K-210.00137.60N/AN/A00460
2020-10-21$39.75$40.0029.3%8.4%17.2%18.9%0.0%-0.7%-26.4%307-2.1K-230.00126.66N/AN/A00460
2020-10-22$40.10$40.0026.1%7.5%17.4%16.0%0.0%2.5%5.1%385-3.0K-240.00130.77N/AN/A00460
2020-10-23$40.25$40.0034.4%9.9%17.1%23.5%0.0%-11.0%-2.0%333-3.6K-280.00125.79N/AN/A00460
2020-10-26$39.44$40.0024.5%7.0%16.6%14.5%0.0%8.8%-1.4%248-867-190.00123.47N/AN/A00460
2020-10-27$39.04$40.0023.4%6.7%16.5%13.5%0.0%4.8%2.7%124-783-230.00123.36N/AN/A00460
2020-10-28$37.97$40.0041.9%12.0%19.2%30.4%0.0%5.1%-12.8%-143705-300.00128.04N/AN/A00460
2020-10-29$38.40$40.0028.6%8.2%18.2%18.3%0.0%33.4%-2.6%36200-230.00133.35N/AN/A00460
2020-10-30$38.11$40.0041.5%11.9%17.0%30.0%0.0%1.5%-20.1%206-744-180.00131.11N/AN/A00460