RWO Options History — January 2021

In January 2021, RWO traded between $43.09 and $44.94. ATM implied volatility averaged 40.7%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 24.8% (HV 20d: 15.9%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.50.

Notable Days

2021-01-21: Highest Volume — 4 contracts
2021-01-26: Largest IV spike — 178.5% change
2021-01-27: Highest IV Rank — 69.0%
2021-01-27: Largest Expected Move — 24.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.03	$43.09	$44.94	$43.42	$44.05
Max Pain	$41.00	$41.00	$41.00	$41.00	$41.00
ATM IV	40.7%	20.5%	85.8%	41.6%	32.9%
Expected Move	9.6%	5.9%	24.6%	8.9%	9.4%
HV 20d	15.9%	13.5%	17.7%	17.2%	16.4%
HV 60d	21.2%	20.0%	21.7%	21.7%	20.3%
IV Rank	26.6%	6.5%	69.0%	28.0%	18.4%
IV Percentile	48.6%	4.0%	96.0%	66.3%	38.1%
Term Structure	-1.2%	-19.1%	23.4%	-3.1%	4.0%
VWIV	14.2%	14.2%	14.2%	14.2%	14.2%
Skew 25d	4.3%	-5.4%	36.0%	-4.4%	2.2%
Skew 10d	-6.9%	-63.8%	55.3%	7.0%	-15.9%
Call IV 25d	39.8%	13.0%	135.1%	34.4%	46.8%
Put IV 25d	44.1%	21.1%	154.2%	30.0%	49.0%
Bid-Ask Spread %	147.62	134.19	171.13	154.19	163.27
Gamma HHI	0.70	0.56	0.89	0.65	0.75
Net GEX	-1.8K	-4.3K	-575	-1.6K	-1.3K
Net DEX	7.0K	-2.1K	12.4K	12.4K	5.2K
Net VEX	-47	-69	-10	-69	-50
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.00	1.00	0.00	1.00
Total Volume	0.368	0	4	0	2
Total OI	13.632	13	15	14	13

Daily Data (19 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
2021-01-04	$43.42	$41.00	41.6%	8.9%	17.2%	28.0%	0.0%	-4.4%	-3.1%	-1.6K	12.4K	-69	0.00	154.19	N/A	N/A	0	0	1	13
2021-01-05	$43.65	$41.00	30.3%	6.9%	16.5%	17.3%	0.0%	0.1%	-4.8%	-4.3K	3.5K	-25	0.00	138.01	N/A	N/A	0	0	1	13
2021-01-06	$43.82	$41.00	45.5%	8.0%	16.2%	31.6%	0.0%	1.1%	-4.5%	-2.4K	8.5K	-52	0.00	142.69	N/A	N/A	0	0	1	13
2021-01-07	$43.47	$41.00	48.8%	6.1%	16.4%	34.7%	0.0%	9.3%	7.7%	-1.5K	9.6K	-59	0.00	148.49	N/A	N/A	0	0	1	13
2021-01-08	$43.72	$41.00	58.7%	6.4%	16.5%	44.0%	0.0%	8.0%	-9.9%	-1.6K	9.4K	-57	0.00	134.30	N/A	N/A	0	0	1	13
2021-01-11	$43.09	$41.00	38.0%	7.6%	17.3%	24.6%	0.0%	5.1%	-0.4%	-1.5K	12.1K	-61	0.00	134.19	N/A	N/A	0	0	1	13
2021-01-12	$43.30	$41.00	58.1%	8.6%	17.4%	43.4%	0.0%	2.7%	-14.2%	-2.8K	11.3K	-51	0.00	140.59	N/A	N/A	0	0	1	13
2021-01-13	$43.68	$41.00	25.0%	7.2%	17.7%	12.3%	0.0%	1.2%	-9.4%	-1.5K	9.9K	-55	0.00	141.54	N/A	N/A	0	0	1	13
2021-01-14	$44.08	$41.00	21.9%	6.3%	16.9%	9.4%	0.0%	2.5%	23.4%	-1.5K	6.1K	-44	0.00	138.23	N/A	N/A	0	0	1	13
2021-01-15	$44.12	$41.00	25.3%	7.3%	16.8%	12.6%	0.0%	2.3%	21.0%	-1.7K	4.5K	-42	0.00	140.62	N/A	N/A	1	0	1	13
2021-01-19	$44.11	$41.00	21.0%	6.0%	16.6%	8.6%	0.0%	-5.4%	-7.2%	-2.7K	7.7K	-33	0.00	145.17	N/A	N/A	0	0	0	13
2021-01-20	$44.81	$41.00	25.6%	7.3%	15.4%	11.4%	0.0%	-2.7%	-2.3%	-2.3K	1.8K	-10	0.00	146.15	N/A	N/A	0	0	0	13
2021-01-21	$44.44	$41.00	20.5%	5.9%	13.7%	6.5%	14.2%	0.6%	1.4%	-1.5K	6.3K	-31	1.00	147.29	N/A	N/A	2	2	0	13
2021-01-22	$44.47	$41.00	27.6%	7.9%	13.6%	13.3%	0.0%	-0.8%	-6.1%	-1.6K	5.4K	-54	0.00	137.64	N/A	N/A	0	0	2	13
2021-01-25	$44.47	$41.00	27.5%	7.9%	13.5%	13.2%	0.0%	2.8%	-10.7%	-1.4K	5.0K	-50	0.00	143.03	N/A	N/A	0	0	2	11
2021-01-26	$44.94	$41.00	76.7%	22.0%	13.9%	60.3%	0.0%	36.0%	-7.8%	-575	-2.1K	-31	0.00	171.13	N/A	N/A	0	0	2	11
2021-01-27	$44.20	$41.00	85.8%	24.6%	15.1%	69.0%	0.0%	24.3%	-19.1%	-662	11.4K	-63	0.00	169.38	N/A	N/A	0	0	2	11
2021-01-28	$44.68	$41.00	62.8%	18.0%	15.6%	47.0%	0.0%	-2.8%	18.3%	-2.0K	4.6K	-47	0.00	168.81	N/A	N/A	0	0	2	11
2021-01-29	$44.05	$41.00	32.9%	9.4%	16.4%	18.4%	0.0%	2.2%	4.0%	-1.3K	5.2K	-50	0.00	163.27	N/A	N/A	0	2	2	11