RWO Options History — March 2021

In March 2021, RWO traded between $45.53 and $48.00. ATM implied volatility averaged 18.8%, placing in the 5.1% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 5.8% (HV 20d: 12.9%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2021-03-15: Highest Volume — 11 contracts
2021-03-10: Largest IV drop — 48.1% change
2021-03-09: Highest IV Rank — 11.3%
2021-03-02: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.90	$45.53	$48.00	$46.32	$47.35
Max Pain	$41.00	$41.00	$41.00	$41.00	$41.00
ATM IV	18.8%	13.4%	25.9%	24.1%	16.4%
Expected Move	5.1%	3.9%	7.0%	6.9%	4.7%
HV 20d	12.9%	10.9%	14.6%	12.3%	11.0%
HV 60d	14.0%	12.6%	14.8%	14.7%	12.6%
IV Rank	5.1%	0.0%	11.3%	9.6%	3.1%
IV Percentile	7.8%	0.0%	24.2%	16.7%	4.0%
Term Structure	-3.0%	-12.3%	5.1%	-4.1%	-12.3%
Skew 25d	3.3%	-7.2%	12.4%	2.3%	-2.8%
Skew 10d	4.3%	-14.9%	15.4%	15.2%	-14.9%
Call IV 25d	16.6%	8.5%	27.2%	27.2%	19.6%
Put IV 25d	19.9%	12.5%	30.1%	29.4%	16.8%
Bid-Ask Spread %	139.34	117.96	162.19	152.78	142.31
Gamma HHI	0.53	0.31	0.80	0.73	0.38
Net GEX	4.2K	2.3K	6.6K	2.3K	5.2K
Net DEX	-47.8K	-70.2K	-27.6K	-33.2K	-57.3K
Net VEX	-213	-284	-141	-150	-264
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.609	0	11	0	0
Total OI	22.261	16	30	16	26

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2021-03-01	$46.32	$41.00	24.1%	6.9%	12.3%	9.6%	0.0%	2.3%	-4.1%	2.3K	-33.2K	-150	152.78	N/A	N/A	0	14	2
2021-03-02	$46.05	$41.00	24.3%	7.0%	12.2%	9.8%	0.0%	3.8%	-4.0%	2.7K	-30.2K	-146	153.97	N/A	N/A	0	14	2
2021-03-03	$45.89	$41.00	18.5%	5.3%	12.3%	4.2%	0.0%	0.8%	-2.4%	3.0K	-29.1K	-145	132.56	N/A	N/A	0	14	2
2021-03-04	$45.53	$0.00	21.6%	4.4%	12.8%	7.2%	0.0%	6.5%	5.1%	2.8K	-27.6K	-143	130.65	N/A	N/A	0	14	2
2021-03-05	$45.72	$0.00	19.6%	4.7%	12.8%	5.3%	0.0%	8.6%	0.9%	2.9K	-27.7K	-142	134.03	N/A	N/A	0	14	2
2021-03-08	$46.30	$0.00	24.0%	5.5%	13.4%	9.5%	0.0%	3.0%	1.5%	3.3K	-32.4K	-143	127.05	N/A	N/A	0	14	2
2021-03-09	$46.38	$0.00	25.9%	4.0%	13.3%	11.3%	0.0%	3.2%	-0.3%	3.3K	-32.9K	-142	118.66	N/A	N/A	0	14	2
2021-03-10	$46.62	$0.00	13.4%	3.9%	13.3%	0.0%	0.0%	1.8%	1.8%	3.6K	-34.7K	-141	128.83	N/A	N/A	2	14	2
2021-03-11	$46.81	$0.00	17.8%	5.1%	13.3%	4.1%	0.0%	12.4%	-7.8%	3.7K	-40.9K	-165	117.96	N/A	N/A	1	16	2
2021-03-12	$47.30	$0.00	18.9%	5.4%	13.7%	5.2%	0.0%	8.7%	-8.8%	3.9K	-46.9K	-170	139.37	N/A	N/A	0	17	2
2021-03-15	$47.80	$0.00	16.8%	4.8%	14.1%	3.2%	0.0%	2.9%	2.7%	4.0K	-51.9K	-161	129.48	N/A	N/A	11	17	2
2021-03-16	$47.97	$0.00	14.4%	4.1%	14.1%	0.9%	0.0%	3.3%	-2.5%	5.9K	-70.2K	-282	134.60	N/A	N/A	0	28	2
2021-03-17	$48.00	$0.00	16.4%	4.7%	13.9%	2.8%	0.0%	3.6%	-1.9%	5.5K	-69.8K	-284	142.06	N/A	N/A	0	28	2
2021-03-18	$47.45	$0.00	15.4%	4.4%	14.5%	1.9%	0.0%	6.3%	-2.7%	5.6K	-61.7K	-269	133.99	N/A	N/A	0	28	2
2021-03-19	$47.28	$0.00	19.0%	5.5%	14.5%	5.3%	0.0%	-0.5%	-3.3%	6.6K	-63.2K	-270	154.60	N/A	N/A	0	28	2
2021-03-22	$46.89	$0.00	20.4%	5.8%	14.6%	7.4%	0.0%	1.6%	-3.6%	4.8K	-50.9K	-265	162.19	N/A	N/A	0	26	0
2021-03-23	$46.64	$0.00	19.5%	5.6%	13.7%	6.5%	0.0%	1.0%	-4.3%	4.1K	-52.2K	-272	156.31	N/A	N/A	0	26	0
2021-03-24	$46.86	$0.00	19.7%	5.6%	13.5%	6.6%	0.0%	1.5%	-4.1%	4.1K	-54.5K	-277	157.97	N/A	N/A	0	26	0
2021-03-25	$47.04	$0.00	15.1%	4.3%	11.2%	1.8%	0.0%	-7.2%	1.9%	5.0K	-52.4K	-264	134.21	N/A	N/A	0	26	0
2021-03-26	$47.56	$0.00	18.3%	5.2%	11.2%	5.2%	0.0%	10.9%	-7.1%	5.0K	-60.1K	-272	139.32	N/A	N/A	0	26	0
2021-03-29	$47.45	$0.00	16.6%	4.8%	11.2%	3.4%	0.0%	5.8%	-3.4%	4.8K	-57.9K	-270	144.16	N/A	N/A	0	26	0
2021-03-30	$47.59	$0.00	16.3%	4.7%	10.9%	3.0%	0.0%	-2.6%	-10.4%	5.4K	-62.3K	-266	137.76	N/A	N/A	0	26	0
2021-03-31	$47.35	$0.00	16.4%	4.7%	11.0%	3.1%	0.0%	-2.8%	-12.3%	5.2K	-57.3K	-264	142.31	N/A	N/A	0	26	0