RWO Options History — February 2023

In February 2023, RWO traded between $42.52 and $45.91. ATM implied volatility averaged 25.7%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 9.5% (HV 20d: 16.3%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days.

Notable Days

  • 2023-02-02: Highest Volume — 11 contracts
  • 2023-02-08: Largest IV drop — 28.0% change
  • 2023-02-06: Highest IV Rank — 41.0%
  • 2023-02-23: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.06$42.52$45.91$45.23$42.77
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV25.7%20.0%31.8%22.4%29.2%
Expected Move7.1%5.7%8.7%6.4%8.4%
HV 20d16.3%14.5%19.5%19.5%14.9%
HV 60d20.1%18.4%23.5%23.2%18.4%
IV Rank26.5%12.7%41.0%18.5%34.9%
IV Percentile35.6%6.0%69.0%17.5%56.3%
Term Structure-3.4%-9.7%9.5%0.6%-6.6%
Skew 25d3.1%-6.0%7.5%-6.0%6.6%
Skew 10d7.4%-4.3%19.0%-4.3%2.9%
Call IV 25d25.1%19.8%33.1%28.7%26.8%
Put IV 25d28.2%22.4%33.5%22.7%33.5%
Bid-Ask Spread %133.81118.12152.16124.58134.28
Gamma HHI0.170.170.190.190.18
Net GEX-4.6K-8.0K-1.4K-4.7K-1.4K
Net DEX-192.5K-325.5K-87.4K-260.5K-119.7K
Net VEX-2.1K-2.3K-1.9K-2.0K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.31601101
Total OI249.789240252240246

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$45.23$42.0022.4%6.4%19.5%18.5%0.0%-6.0%0.6%-4.7K-260.5K-2.0K0.00124.58N/AN/A00127113
2023-02-02$45.91$0.0024.8%5.9%19.5%24.3%0.0%4.9%-3.7%-6.2K-325.5K-1.9K0.00120.60N/AN/A011127113
2023-02-03$45.08$0.0025.8%6.9%19.1%26.7%0.0%6.7%-4.9%-5.7K-264.1K-2.1K0.00120.41N/AN/A00127124
2023-02-06$44.88$0.0031.8%7.7%18.1%41.0%0.0%2.9%-9.3%-5.7K-237.2K-2.1K0.00137.35N/AN/A00127124
2023-02-07$44.89$0.0027.7%6.6%18.0%31.3%0.0%3.9%-5.8%-6.1K-229.6K-2.2K0.00139.52N/AN/A00127124
2023-02-08$44.64$0.0020.0%5.7%18.2%12.7%0.0%0.4%-3.2%-6.0K-211.9K-2.3K0.00132.66N/AN/A00127124
2023-02-09$44.23$0.0023.5%6.7%15.4%21.1%0.0%4.0%-0.4%-5.6K-219.1K-2.2K0.00144.25N/AN/A00127124
2023-02-10$44.23$0.0028.3%8.1%14.7%32.6%0.0%-0.5%-6.1%-3.1K-192.0K-2.2K0.00118.12N/AN/A00127124
2023-02-13$44.53$0.0023.4%6.7%14.7%20.9%0.0%4.8%-6.4%-3.6K-225.9K-2.1K0.00128.74N/AN/A01127124
2023-02-14$44.34$0.0026.0%7.4%14.9%27.1%0.0%5.1%-5.9%-4.9K-213.9K-2.2K0.00127.36N/AN/A00127125
2023-02-15$44.16$0.0023.6%6.8%14.6%21.5%0.0%0.4%-4.3%-4.0K-186.7K-2.1K0.00150.69N/AN/A00127125
2023-02-16$43.95$0.0023.4%6.7%14.6%20.9%0.0%2.4%9.5%-4.7K-188.2K-2.1K0.00148.04N/AN/A00127125
2023-02-17$43.88$0.0025.6%7.3%14.5%26.2%0.0%5.2%8.4%-2.4K-178.3K-2.1K0.00152.16N/AN/A06127125
2023-02-21$43.19$0.0025.5%7.3%15.2%25.9%0.0%-2.3%-2.9%-4.3K-141.3K-2.2K0.00145.11N/AN/A00126125
2023-02-22$42.75$0.0028.6%8.2%15.4%33.5%0.0%7.5%-9.1%-2.6K-118.3K-2.2K0.00137.89N/AN/A00126125
2023-02-23$43.19$0.0030.3%8.7%15.9%37.4%0.0%5.5%-9.7%-8.0K-156.5K-2.0K0.00126.51N/AN/A00126125
2023-02-24$42.52$0.0022.1%6.3%16.5%17.8%0.0%5.1%-2.4%-5.5K-87.4K-2.1K0.00119.33N/AN/A00126125
2023-02-27$42.68$0.0027.0%7.7%15.2%29.5%0.0%2.3%-1.6%-3.1K-100.6K-2.2K0.00134.86N/AN/A06126125
2023-02-28$42.77$0.0029.2%8.4%14.9%34.9%0.0%6.6%-6.6%-1.4K-119.7K-2.0K0.00134.28N/AN/A01126120