NANR Options History — February 2022

In February 2022, NANR traded between $48.47 and $52.17. ATM implied volatility averaged 29.1%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 4.7% (HV 20d: 24.4%). Max pain ranged from $39.00 to $52.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.91.

Notable Days

2022-02-01: Highest Volume — 6 contracts
2022-02-07: Largest IV spike — 30.7% change
2022-02-23: Highest IV Rank — 36.9%
2022-02-23: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$49.88	$48.47	$52.17	$48.51	$52.17
Max Pain	$40.37	$39.00	$52.00	$52.00	$39.00
ATM IV	29.1%	21.3%	35.7%	27.0%	33.6%
Expected Move	8.1%	6.1%	10.2%	7.7%	9.6%
HV 20d	24.4%	20.9%	26.3%	25.5%	22.9%
HV 60d	24.4%	23.8%	25.1%	24.3%	23.9%
IV Rank	15.8%	2.8%	36.9%	8.2%	32.5%
IV Percentile	49.5%	4.4%	83.7%	32.9%	77.8%
Term Structure	-1.1%	-6.9%	4.0%	-1.0%	-4.6%
VWIV	49.0%	39.6%	73.5%	41.5%	73.5%
Skew 25d	4.7%	0.6%	16.0%	16.0%	5.3%
Skew 10d	8.2%	0.3%	23.9%	23.9%	11.0%
Call IV 25d	25.0%	18.7%	38.8%	20.4%	32.4%
Put IV 25d	29.7%	20.3%	42.2%	36.3%	37.7%
Bid-Ask Spread %	130.87	121.49	149.46	147.46	131.50
Gamma HHI	0.41	0.24	0.57	0.24	0.51
Net GEX	-361	-582	-141	-328	-141
Net DEX	-10.0K	-14.6K	-7.5K	-7.5K	-13.8K
Net VEX	-17	-24	-5	-24	-14
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.67	1.00	1.00	0.67
Total Volume	5.737	5	6	6	5
Total OI	5.737	5	6	6	5

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
2022-02-01	$48.51	$52.00	27.0%	7.7%	25.5%	8.2%	41.5%	16.0%	-1.0%	-328	-7.5K	-24	1.00	147.46	N/A	N/A	3	3	3	3
2022-02-02	$48.92	$52.00	33.6%	9.6%	25.2%	14.4%	39.6%	3.4%	-6.9%	-358	-8.5K	-22	1.00	149.46	N/A	N/A	3	3	3	3
2022-02-03	$48.47	$39.00	28.1%	7.6%	25.3%	9.2%	43.1%	3.9%	-2.0%	-299	-7.5K	-23	1.00	134.74	N/A	N/A	3	3	3	3
2022-02-04	$49.08	$39.00	25.4%	7.5%	25.5%	6.7%	44.4%	3.6%	-0.8%	-404	-8.2K	-20	1.00	126.15	N/A	N/A	3	3	3	3
2022-02-07	$49.57	$39.00	33.2%	6.8%	25.4%	14.0%	40.7%	3.6%	0.4%	-432	-8.9K	-19	1.00	126.45	N/A	N/A	3	3	3	3
2022-02-08	$49.13	$39.00	29.7%	6.6%	25.8%	10.7%	40.1%	1.1%	3.0%	-393	-8.2K	-19	1.00	131.09	N/A	N/A	3	3	3	3
2022-02-09	$49.83	$39.00	23.9%	6.8%	24.3%	5.3%	43.7%	1.6%	1.6%	-451	-9.2K	-18	1.00	132.08	N/A	N/A	3	3	3	3
2022-02-10	$49.38	$39.00	25.1%	7.2%	24.2%	6.4%	48.5%	1.4%	-2.4%	-392	-8.4K	-19	1.00	126.25	N/A	N/A	3	3	3	3
2022-02-11	$50.64	$39.00	28.1%	8.0%	25.5%	9.2%	64.3%	8.9%	-0.9%	-414	-9.9K	-19	1.00	136.43	N/A	N/A	3	3	3	3
2022-02-14	$50.08	$39.00	31.5%	9.0%	25.9%	12.4%	48.5%	3.7%	-4.6%	-451	-9.4K	-18	1.00	128.13	N/A	N/A	3	3	3	3
2022-02-15	$49.62	$39.00	27.3%	7.8%	26.3%	8.5%	43.3%	3.5%	-0.2%	-423	-8.8K	-18	1.00	129.50	N/A	N/A	3	3	3	3
2022-02-16	$50.41	$39.00	21.3%	6.1%	26.0%	2.8%	51.4%	0.6%	1.9%	-556	-9.6K	-15	1.00	130.54	N/A	N/A	3	3	3	3
2022-02-17	$50.93	$39.00	26.7%	7.7%	25.4%	18.0%	47.5%	8.1%	4.0%	-582	-10.1K	-15	1.00	129.26	N/A	N/A	3	3	3	3
2022-02-18	$50.21	$39.00	30.4%	8.7%	22.9%	25.7%	49.9%	1.8%	-0.1%	-512	-9.0K	-16	1.00	127.80	N/A	N/A	3	3	3	3
2022-02-22	$49.88	$39.00	32.5%	9.3%	22.6%	30.2%	50.5%	4.1%	-2.2%	-166	-12.9K	-15	0.67	125.70	N/A	N/A	3	2	3	2
2022-02-23	$49.89	$39.00	35.7%	10.2%	21.1%	36.9%	58.0%	3.4%	-4.6%	-144	-12.7K	-17	0.67	126.52	N/A	N/A	3	2	3	2
2022-02-24	$49.65	$39.00	31.9%	9.1%	20.9%	28.9%	53.8%	4.2%	-1.5%	-180	-12.7K	-16	0.67	126.04	N/A	N/A	3	2	3	2
2022-02-25	$51.26	$39.00	28.2%	8.1%	23.3%	21.2%	48.7%	11.6%	0.8%	-227	-14.6K	-5	0.67	121.49	N/A	N/A	3	2	3	2
2022-02-28	$52.17	$39.00	33.6%	9.6%	22.9%	32.5%	73.5%	5.3%	-4.6%	-141	-13.8K	-14	0.67	131.50	N/A	N/A	3	2	3	2