NANR Options History — January 2026

In January 2026, NANR traded between $68.94 and $79.55. ATM implied volatility averaged 22.6%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 4.3% (HV 20d: 18.2%). Max pain ranged from $77.00 to $77.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2026-01-22: Highest Volume — 10 contracts
2026-01-14: Largest IV drop — 47.6% change
2026-01-13: Highest IV Rank — 40.5%
2026-01-23: Largest Expected Move — 6.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$74.59	$68.94	$79.55	$68.94	$76.35
Max Pain	$77.00	$77.00	$77.00	$77.00	$77.00
ATM IV	22.6%	17.2%	37.6%	20.4%	19.3%
Expected Move	5.3%	4.5%	6.0%	5.8%	5.5%
HV 20d	18.2%	15.6%	21.8%	17.0%	21.8%
HV 60d	19.2%	18.3%	20.2%	19.7%	20.0%
IV Rank	11.9%	1.6%	40.5%	7.7%	5.6%
IV Percentile	42.1%	1.6%	94.8%	30.6%	17.9%
Term Structure	-1.2%	-4.9%	2.0%	-4.9%	-2.8%
VWIV	11.3%	11.3%	11.3%	11.3%	11.3%
Skew 25d	1.4%	-0.9%	8.9%	2.1%	-0.0%
Skew 10d	5.2%	1.5%	12.3%	4.6%	1.5%
Call IV 25d	18.6%	11.3%	23.5%	23.5%	21.3%
Put IV 25d	20.0%	17.7%	25.6%	25.6%	21.2%
Bid-Ask Spread %	139.67	126.66	155.25	152.35	130.97
Gamma HHI	0.66	0.34	1.00	1.00	0.35
Net GEX	2.4K	142	5.8K	193	5.8K
Net DEX	-48.4K	-114.2K	-11.9K	-11.9K	-89.0K
Net VEX	-143	-374	-11	-15	-364
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.95	0	10	0	0
Total OI	9.7	2	21	2	21

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2026-01-02	$68.94	$0.00	20.4%	5.8%	17.0%	7.7%	0.0%	2.1%	-4.9%	193	-11.9K	-15	152.35	N/A	N/A	0	2
2026-01-05	$70.44	$0.00	22.8%	4.5%	18.5%	12.2%	0.0%	3.7%	-0.8%	170	-12.6K	-14	151.24	N/A	N/A	0	2
2026-01-06	$70.78	$0.00	24.5%	4.6%	18.5%	15.5%	0.0%	1.7%	0.2%	171	-12.7K	-13	152.50	N/A	N/A	0	2
2026-01-07	$69.61	$0.00	25.6%	4.9%	18.9%	17.7%	0.0%	0.7%	0.1%	187	-12.1K	-15	155.25	N/A	N/A	0	2
2026-01-08	$71.15	$0.00	24.6%	4.9%	20.1%	15.8%	0.0%	0.5%	0.8%	162	-12.8K	-13	139.93	N/A	N/A	0	2
2026-01-09	$71.91	$0.00	27.6%	4.9%	19.7%	21.5%	0.0%	1.0%	-0.6%	152	-13.2K	-12	150.86	N/A	N/A	0	2
2026-01-12	$72.57	$0.00	34.0%	4.9%	19.4%	33.6%	0.0%	1.4%	-0.1%	142	-13.3K	-11	150.66	N/A	N/A	2	2
2026-01-13	$73.34	$0.00	37.6%	4.9%	19.0%	40.5%	0.0%	1.2%	0.1%	652	-20.8K	-46	144.93	N/A	N/A	0	4
2026-01-14	$74.68	$0.00	19.7%	5.6%	19.4%	6.3%	11.3%	8.9%	-0.5%	599	-22.0K	-48	133.82	N/A	N/A	4	4
2026-01-15	$74.72	$77.00	18.6%	5.3%	18.1%	4.2%	0.0%	0.7%	0.1%	2.4K	-31.3K	-81	139.18	N/A	N/A	0	8
2026-01-16	$74.43	$77.00	17.2%	4.9%	18.4%	1.6%	0.0%	0.7%	2.0%	2.4K	-31.1K	-80	143.70	N/A	N/A	0	8
2026-01-20	$75.38	$77.00	19.5%	5.6%	17.3%	6.0%	0.0%	-0.5%	-4.7%	2.3K	-33.9K	-77	137.29	N/A	N/A	3	8
2026-01-21	$76.50	$77.00	19.8%	5.7%	17.5%	6.5%	0.0%	0.9%	-0.8%	3.3K	-53.6K	-133	134.63	N/A	N/A	0	11
2026-01-22	$77.08	$77.00	20.4%	5.8%	17.2%	7.7%	0.0%	1.1%	-1.7%	3.5K	-55.7K	-130	132.47	N/A	N/A	10	11
2026-01-23	$78.17	$77.00	20.9%	6.0%	17.4%	8.7%	0.0%	1.6%	-2.9%	5.6K	-101.6K	-374	129.78	N/A	N/A	0	21
2026-01-26	$78.22	$77.00	19.7%	5.6%	17.3%	6.3%	0.0%	2.0%	-1.5%	5.3K	-107.4K	-366	127.34	N/A	N/A	0	21
2026-01-27	$78.70	$77.00	20.0%	5.7%	17.3%	6.9%	0.0%	0.2%	-4.4%	5.3K	-105.6K	-365	129.90	N/A	N/A	0	21
2026-01-28	$79.55	$77.00	19.0%	5.4%	15.6%	5.0%	0.0%	0.6%	-2.0%	5.3K	-113.3K	-356	129.97	N/A	N/A	0	21
2026-01-29	$79.19	$77.00	20.6%	5.9%	16.2%	8.0%	0.0%	-0.9%	-0.1%	4.9K	-114.2K	-354	126.66	N/A	N/A	0	21
2026-01-30	$76.35	$77.00	19.3%	5.5%	21.8%	5.6%	0.0%	-0.0%	-2.8%	5.8K	-89.0K	-364	130.97	N/A	N/A	0	21