NANR Options History — May 2023

In May 2023, NANR traded between $49.14 and $54.75. ATM implied volatility averaged 25.8%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 5.3% (HV 20d: 20.5%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-11: Highest Volume — 60 contracts
  • 2023-05-10: Largest IV drop — 24.0% change
  • 2023-05-09: Highest IV Rank — 16.8%
  • 2023-05-03: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.94$49.14$54.75$54.75$49.14
Max Pain$57.89$55.00$60.00$60.00$55.00
ATM IV25.8%22.3%30.9%24.9%26.2%
Expected Move7.1%6.4%8.1%7.1%7.5%
HV 20d20.5%18.3%22.5%22.5%19.6%
HV 60d23.0%22.6%23.5%22.6%22.8%
IV Rank7.7%1.5%16.8%6.1%8.4%
IV Percentile19.9%2.4%46.4%11.5%25.0%
Term Structure-2.2%-7.7%3.1%-3.1%-7.2%
VWIV33.3%27.2%39.4%27.2%39.4%
Skew 25d-1.6%-7.6%3.5%1.3%-5.8%
Skew 10d0.5%-15.7%9.0%1.5%-15.7%
Call IV 25d27.3%21.0%40.3%28.0%27.0%
Put IV 25d25.6%17.8%33.7%29.3%21.2%
Bid-Ask Spread %141.91136.35147.14145.74144.20
Gamma HHI0.830.341.001.000.97
Net GEX5.4K12822.0K4381.6K
Net DEX-17.7K-94.5K-447-2.2K-6.0K
Net VEX-38-113-3-12-25
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.77306003
Total OI26.636383323

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$54.75$0.0024.9%7.1%22.5%6.1%0.0%1.3%-3.1%438-2.2K-120.00145.74N/AN/A0030
2023-05-02$53.58$0.0025.6%7.3%18.3%7.3%0.0%0.7%-4.8%308-1.4K-90.00140.53N/AN/A0030
2023-05-03$52.96$0.0028.2%8.1%18.5%12.1%0.0%1.0%-3.0%284-1.5K-90.00144.92N/AN/A0030
2023-05-04$52.50$60.0030.3%7.3%18.4%15.8%0.0%2.1%-2.8%250-1.3K-80.00140.25N/AN/A0030
2023-05-05$53.78$60.0028.2%6.7%20.5%11.9%0.0%3.5%1.8%335-1.6K-90.00139.56N/AN/A0030
2023-05-08$53.61$60.0030.1%6.8%20.4%15.4%0.0%3.4%-0.5%325-1.4K-80.00141.60N/AN/A0030
2023-05-09$53.63$60.0030.9%6.6%19.5%16.8%0.0%3.5%1.3%297-1.2K-70.00143.00N/AN/A0030
2023-05-10$52.98$60.0023.4%6.7%19.7%3.5%0.0%3.2%-0.0%226-838-50.00136.72N/AN/A0030
2023-05-11$51.59$60.0024.8%7.1%19.5%5.9%0.0%-0.1%-0.5%128-447-30.00140.75N/AN/A60030
2023-05-12$51.67$60.0022.3%6.4%19.7%1.5%0.0%-3.2%1.7%17.9K-47.5K-970.00140.57N/AN/A00630
2023-05-15$52.50$60.0024.4%7.0%21.0%5.1%0.0%0.1%-1.0%22.0K-94.5K-1130.00140.81N/AN/A00630
2023-05-16$51.31$60.0027.7%7.9%22.0%11.1%0.0%-6.5%-6.3%15.2K-53.9K-720.00136.35N/AN/A00630
2023-05-17$51.59$60.0025.4%7.3%22.2%7.0%0.0%-3.1%-2.0%16.8K-60.8K-620.00143.34N/AN/A00630
2023-05-18$51.44$60.0024.1%6.9%22.0%4.7%27.2%-1.7%3.1%9.6K-11.3K-140.00141.71N/AN/A200630
2023-05-19$51.81$55.0023.0%6.6%22.3%2.7%0.0%-3.5%-1.1%14.6K-28.3K-820.00147.14N/AN/A00830
2023-05-22$51.72$55.0024.0%6.9%21.8%4.5%0.0%-5.3%-1.4%4.0K-17.4K-680.00143.23N/AN/A00230
2023-05-23$51.66$55.0023.9%6.8%20.7%4.2%0.0%-5.5%-2.3%3.8K-14.0K-580.00145.55N/AN/A00230
2023-05-24$50.76$55.0022.5%6.5%21.2%1.8%0.0%-7.6%-5.3%3.1K-15.2K-590.00140.35N/AN/A00230
2023-05-25$50.07$55.0023.2%6.7%20.8%3.1%0.0%-3.0%-6.0%2.3K-8.9K-380.00143.48N/AN/A00230
2023-05-26$50.16$55.0028.0%8.0%20.3%11.6%0.0%-6.6%-2.0%2.7K-15.5K-570.00143.21N/AN/A00230
2023-05-30$49.43$55.0026.6%7.6%20.6%9.1%0.0%-2.7%-7.7%1.5K-4.8K-230.00139.00N/AN/A00230
2023-05-31$49.14$55.0026.2%7.5%19.6%8.4%39.4%-5.8%-7.2%1.6K-6.0K-250.00144.20N/AN/A30230