NANR Options History — March 2020

In March 2020, NANR traded between $18.11 and $29.43. ATM implied volatility averaged 95.4%, placing in the 71.4% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded above realized volatility by 25.5% (HV 20d: 69.8%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2020-03-16: Largest IV spike — 65.7% change
  • 2020-03-09: Highest IV Rank — 100.0%
  • 2020-03-16: Largest Expected Move — 41.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.97$18.11$29.43$28.80$21.89
ATM IV95.4%62.6%143.2%63.7%71.5%
Expected Move25.7%14.1%41.0%18.3%20.5%
HV 20d69.8%31.0%101.3%31.4%99.8%
HV 60d43.5%21.2%60.5%21.2%60.5%
IV Rank71.4%41.4%100.0%59.7%44.2%
IV Percentile97.3%90.9%100.0%96.8%91.7%
Term Structure-23.5%-50.3%-2.4%-18.6%-23.6%
Skew 25d2.2%-48.5%18.2%4.7%7.8%
Skew 10d-3.9%-36.5%26.8%-8.0%18.9%
Call IV 25d91.9%48.4%155.1%68.2%62.7%
Put IV 25d94.2%51.7%145.1%73.0%70.6%
Bid-Ask Spread %154.26118.89175.76172.47129.01
Gamma HHI1.001.001.001.001.00
Net GEX19072577501122
Net DEX-4.8K-8.7K-1.7K-7.1K-2.7K
Net VEX-39-59-20-57-28
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI77777

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$28.80$0.0063.7%18.3%31.4%59.7%0.0%4.7%-18.6%501-7.1K-570.00172.47N/AN/A0070
2020-03-03$29.22$0.0064.0%18.4%32.1%60.2%0.0%4.2%-18.5%411-8.7K-580.00174.06N/AN/A0070
2020-03-04$29.43$0.0062.6%17.9%32.3%58.4%0.0%5.8%-18.1%577-8.0K-590.00175.20N/AN/A0070
2020-03-05$29.03$0.0071.7%14.1%31.0%69.5%0.0%3.3%-13.0%469-7.8K-580.00175.76N/AN/A0070
2020-03-06$27.91$0.0075.9%15.4%33.3%74.6%0.0%-0.5%-15.1%354-6.7K-520.00161.69N/AN/A0070
2020-03-09$24.25$0.00103.0%18.2%58.1%100.0%0.0%-0.8%-16.5%175-4.8K-420.00142.75N/AN/A0070
2020-03-10$24.60$0.00125.8%23.6%58.7%100.0%0.0%5.3%-24.6%154-6.4K-470.00166.80N/AN/A0070
2020-03-11$23.34$0.00110.9%31.8%59.7%86.6%0.0%-3.2%-35.9%122-6.3K-450.00175.01N/AN/A0070
2020-03-12$21.00$0.0078.4%22.5%67.1%57.3%0.0%-48.5%-16.8%108-3.6K-320.00161.43N/AN/A0070
2020-03-13$20.80$0.0086.4%24.8%66.9%64.5%0.0%10.6%-18.8%106-3.4K-320.00141.38N/AN/A0070
2020-03-16$20.18$0.00143.2%41.0%66.8%100.0%0.0%-2.8%-50.3%85-5.0K-390.00164.28N/AN/A0070
2020-03-17$20.60$0.00115.7%33.2%67.8%78.6%0.0%5.6%-39.1%95-4.6K-370.00157.71N/AN/A0070
2020-03-18$18.11$0.00125.3%35.9%76.2%86.1%0.0%-13.6%-46.8%72-3.1K-290.00140.73N/AN/A0070
2020-03-19$19.62$0.0092.6%26.6%85.0%60.6%0.0%6.5%-2.4%89-3.1K-300.00141.56N/AN/A0070
2020-03-20$18.98$0.00139.2%39.9%84.5%96.9%0.0%-10.0%-48.7%75-4.4K-340.00162.97N/AN/A0070
2020-03-23$18.92$0.00120.6%34.6%84.9%82.5%0.0%3.8%-24.2%81-2.9K-270.00154.68N/AN/A0070
2020-03-24$21.17$0.00105.5%30.2%97.8%70.7%0.0%17.0%-20.2%107-4.2K-340.00158.26N/AN/A0070
2020-03-25$22.37$0.00111.5%32.0%101.3%75.4%0.0%15.4%-28.0%122-4.9K-380.00162.17N/AN/A0070
2020-03-26$22.28$0.0079.1%22.7%100.6%50.1%0.0%11.4%-16.5%133-3.0K-290.00134.41N/AN/A0070
2020-03-27$21.31$0.0083.4%23.9%101.0%53.4%0.0%18.2%-12.2%103-1.7K-200.00118.89N/AN/A0070
2020-03-30$21.57$0.0067.9%19.5%99.8%41.4%0.0%8.8%-8.1%112-2.7K-260.00122.52N/AN/A0070
2020-03-31$21.89$0.0071.5%20.5%99.8%44.2%0.0%7.8%-23.6%122-2.7K-280.00129.01N/AN/A0070