RWO Options History — January 2022

In January 2022, RWO traded between $51.55 and $56.53. ATM implied volatility averaged 20.6%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 5.9% (HV 20d: 14.7%). Max pain ranged from $55.00 to $56.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 32.86.

Notable Days

2022-01-03: Highest Volume — 35 contracts
2022-01-18: Largest IV spike — 61.2% change
2022-01-31: Highest IV Rank — 41.4%
2022-01-26: Largest Expected Move — 10.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.98	$51.55	$56.53	$56.19	$52.88
Max Pain	$55.15	$55.00	$56.00	$56.00	$55.00
ATM IV	20.6%	8.5%	36.7%	17.2%	24.0%
Expected Move	5.3%	2.4%	10.5%	4.9%	6.9%
HV 20d	14.7%	11.7%	16.8%	16.3%	14.0%
HV 60d	14.4%	13.7%	15.2%	13.8%	15.2%
IV Rank	17.4%	0.0%	41.4%	9.6%	41.4%
IV Percentile	58.5%	0.0%	98.0%	32.9%	84.5%
Term Structure	-1.8%	-11.5%	5.7%	-2.7%	-5.4%
VWIV	15.4%	5.8%	24.7%	17.4%	14.2%
Skew 25d	4.6%	-3.9%	26.3%	-3.6%	3.9%
Skew 10d	2.6%	-9.0%	20.9%	-9.0%	7.7%
Call IV 25d	18.1%	12.4%	24.4%	19.3%	19.0%
Put IV 25d	22.7%	13.4%	50.7%	15.7%	22.9%
Bid-Ask Spread %	135.21	118.59	151.65	132.75	118.59
Gamma HHI	0.52	0.34	0.67	0.34	0.51
Net GEX	-9.1K	-12.2K	-5.4K	-7.5K	-9.6K
Net DEX	58.6K	21.8K	98.5K	31.7K	86.9K
Net VEX	-133	-195	-70	-141	-163
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	32.86	32.00	34.00	34.00	32.00
Total Volume	32.75	30	35	35	31
Total OI	44.85	43	46	45	43

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
2022-01-03	$56.19	$56.00	17.2%	4.9%	16.3%	9.6%	17.4%	-3.6%	-2.7%	-7.5K	31.7K	-141	34.00	132.75	N/A	N/A	1	34	0	45
2022-01-04	$56.53	$56.00	21.0%	6.0%	15.1%	14.6%	20.2%	-0.9%	-6.2%	-5.4K	21.8K	-115	34.00	130.27	N/A	N/A	1	34	1	45
2022-01-05	$55.43	$56.00	22.7%	6.5%	16.8%	16.9%	19.9%	2.3%	-11.2%	-6.9K	35.0K	-161	34.00	143.20	N/A	N/A	1	34	1	45
2022-01-06	$55.43	$55.00	21.5%	3.9%	16.4%	15.3%	16.4%	1.7%	2.6%	-8.3K	36.0K	-129	34.00	137.34	N/A	N/A	1	34	1	45
2022-01-07	$55.07	$55.00	22.7%	4.0%	16.4%	16.9%	14.5%	0.7%	1.9%	-8.3K	36.7K	-109	34.00	136.16	N/A	N/A	1	34	1	45
2022-01-10	$54.57	$55.00	24.3%	2.8%	16.7%	19.0%	7.8%	-0.3%	1.6%	-7.2K	45.6K	-88	34.00	137.31	N/A	N/A	1	34	1	45
2022-01-11	$54.81	$55.00	24.1%	3.4%	16.6%	18.7%	15.4%	2.4%	4.3%	-9.0K	45.0K	-139	32.00	127.57	N/A	N/A	1	32	1	45
2022-01-12	$55.04	$55.00	11.6%	3.3%	16.1%	2.3%	11.6%	-3.9%	5.7%	-7.7K	37.5K	-90	32.00	151.24	N/A	N/A	1	32	1	45
2022-01-13	$55.05	$55.00	12.4%	3.6%	15.6%	3.4%	11.9%	-0.8%	2.3%	-7.5K	37.5K	-89	32.00	136.55	N/A	N/A	1	32	1	45
2022-01-14	$54.72	$55.00	8.5%	2.4%	15.7%	0.0%	5.8%	-1.5%	2.8%	-10.2K	46.3K	-77	32.00	135.62	N/A	N/A	1	32	1	45
2022-01-18	$54.03	$55.00	13.8%	3.9%	16.2%	6.8%	8.4%	5.3%	1.9%	-7.0K	52.5K	-70	32.00	136.38	N/A	N/A	1	32	1	45
2022-01-19	$53.72	$55.00	15.1%	4.3%	13.4%	8.4%	13.3%	5.7%	-1.1%	-10.3K	61.5K	-139	32.00	124.88	N/A	N/A	1	32	1	45
2022-01-20	$53.02	$55.00	18.2%	5.2%	13.3%	12.6%	14.4%	9.0%	-3.2%	-10.6K	69.3K	-152	32.00	127.62	N/A	N/A	1	32	1	43
2022-01-21	$52.80	$55.00	22.2%	6.4%	12.8%	17.7%	17.3%	2.9%	-2.8%	-10.8K	72.9K	-154	32.00	138.69	N/A	N/A	1	32	1	43
2022-01-24	$52.29	$55.00	22.2%	6.4%	13.1%	17.7%	16.1%	-0.1%	-1.8%	-12.1K	87.7K	-168	0.00	129.99	N/A	N/A	0	30	0	43
2022-01-25	$52.53	$55.00	26.6%	7.6%	12.7%	23.3%	20.5%	15.3%	-4.8%	-11.4K	76.0K	-148	0.00	147.11	N/A	N/A	0	30	0	43
2022-01-26	$51.94	$55.00	36.7%	10.5%	12.5%	36.4%	24.7%	26.3%	-11.5%	-8.9K	98.5K	-195	0.00	151.65	N/A	N/A	0	30	0	43
2022-01-27	$51.55	$55.00	23.5%	6.7%	11.7%	27.6%	21.2%	18.2%	-5.6%	-10.9K	98.1K	-176	0.00	127.67	N/A	N/A	0	30	0	43
2022-01-28	$52.10	$55.00	23.1%	6.6%	12.6%	39.0%	16.3%	10.2%	-3.1%	-12.2K	96.3K	-163	0.00	133.67	N/A	N/A	0	30	0	43
2022-01-31	$52.88	$55.00	24.0%	6.9%	14.0%	41.4%	14.2%	3.9%	-5.4%	-9.6K	86.9K	-163	0.00	118.59	N/A	N/A	0	31	0	43