NANR Options History — March 2023

In March 2023, NANR traded between $49.35 and $55.10. ATM implied volatility averaged 31.4%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 7.2% (HV 20d: 24.2%). Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days.

Notable Days

  • 2023-03-15: Largest IV drop — 50.8% change
  • 2023-03-14: Highest IV Rank — 76.7%
  • 2023-03-17: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.18$49.35$55.10$53.95$53.48
ATM IV31.4%22.1%63.1%23.6%26.1%
Expected Move7.7%5.7%10.2%6.8%7.5%
HV 20d24.2%20.9%26.3%23.2%25.1%
HV 60d23.0%22.0%24.0%22.8%22.4%
IV Rank24.5%9.1%76.7%11.5%15.7%
IV Percentile36.6%2.8%99.2%7.1%17.1%
Term Structure-1.8%-12.2%8.3%-7.0%-3.9%
Skew 25d2.9%-2.1%11.3%8.0%2.6%
Skew 10d3.8%-4.2%14.6%0.5%4.4%
Call IV 25d25.4%17.9%30.8%18.3%27.6%
Put IV 25d28.3%17.0%36.3%26.3%30.2%
Bid-Ask Spread %138.71116.33152.47134.76152.47
Gamma HHI1.001.001.001.001.00
Net GEX297153503410363
Net DEX-2.2K-4.6K-958-3.0K-2.4K
Net VEX-17-30-10-25-17
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$53.95$0.0023.6%6.8%23.2%11.5%0.0%8.0%-7.0%410-3.0K-250.00134.76N/AN/A0030
2023-03-02$54.50$0.0026.7%7.6%23.6%16.6%0.0%2.4%-2.8%428-4.0K-290.00134.16N/AN/A0030
2023-03-03$55.10$0.0022.1%6.3%21.1%9.1%0.0%5.5%8.3%503-4.6K-300.00134.10N/AN/A0030
2023-03-06$54.75$0.0023.5%5.7%20.9%11.4%0.0%-0.9%-2.3%446-3.8K-260.00137.80N/AN/A0030
2023-03-07$53.13$0.0028.9%6.7%23.1%20.3%0.0%0.8%0.9%350-2.5K-190.00143.23N/AN/A0030
2023-03-08$53.02$0.0032.5%7.6%21.8%26.2%0.0%11.3%-1.6%342-2.3K-190.00129.62N/AN/A0030
2023-03-09$52.07$0.0033.0%7.0%22.5%27.1%0.0%-1.4%-5.6%291-2.2K-190.00139.43N/AN/A0030
2023-03-10$51.15$0.0042.1%7.2%23.0%42.2%0.0%1.8%0.2%247-1.9K-160.00152.37N/AN/A0030
2023-03-13$51.34$0.0057.7%8.9%21.4%67.8%0.0%7.6%-2.6%258-2.1K-180.00140.16N/AN/A0030
2023-03-14$51.47$0.0063.1%7.8%21.6%76.7%0.0%1.7%-2.7%271-2.1K-170.00152.38N/AN/A0030
2023-03-15$49.35$0.0031.1%8.9%25.3%23.9%0.0%0.7%-2.3%153-958-100.00130.54N/AN/A0030
2023-03-16$49.92$0.0028.9%8.3%25.6%20.3%0.0%1.9%-0.5%184-1.3K-120.00130.95N/AN/A0030
2023-03-17$50.10$0.0035.4%10.2%25.8%31.1%0.0%7.6%-6.1%203-1.6K-130.00116.33N/AN/A0030
2023-03-20$51.03$0.0030.6%8.8%25.3%23.2%0.0%3.1%-1.2%235-1.8K-150.00132.94N/AN/A0030
2023-03-21$51.91$0.0025.5%7.3%26.2%14.8%0.0%3.5%1.7%252-1.7K-150.00145.01N/AN/A0030
2023-03-22$51.50$0.0026.6%7.6%25.9%16.5%0.0%0.8%1.7%256-2.0K-150.00142.96N/AN/A0030
2023-03-23$50.99$0.0025.8%7.4%26.0%15.2%0.0%0.9%-3.4%224-1.5K-130.00139.68N/AN/A0030
2023-03-24$51.09$0.0032.4%9.3%25.8%26.1%0.0%-2.1%-12.2%238-1.8K-150.00131.85N/AN/A0030
2023-03-27$51.80$0.0029.3%8.4%26.1%21.0%0.0%3.1%0.8%248-1.5K-130.00140.09N/AN/A0030
2023-03-28$52.27$0.0026.2%7.5%26.3%15.8%0.0%3.6%0.4%271-1.8K-140.00141.57N/AN/A0030
2023-03-29$52.89$0.0025.9%7.4%25.6%15.4%0.0%2.1%-1.7%317-2.0K-150.00143.69N/AN/A0030
2023-03-30$53.24$0.0025.6%7.4%25.4%14.9%0.0%2.4%1.1%344-2.3K-170.00144.35N/AN/A0030
2023-03-31$53.48$0.0026.1%7.5%25.1%15.7%0.0%2.6%-3.9%363-2.4K-170.00152.47N/AN/A0030