NCNO Options History — March 2021

In March 2021, NCNO traded between $61.82 and $71.87. ATM implied volatility averaged 65.0%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded below realized volatility by 5.2% (HV 20d: 70.2%). Max pain ranged from $65.00 to $75.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.63.

Notable Days

  • 2021-03-22: Highest Volume — 3,715 contracts
  • 2021-03-08: Largest IV spike — 11.8% change
  • 2021-03-29: Highest IV Rank — 27.4%
  • 2021-03-29: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.87$61.82$71.87$71.51$66.06
Max Pain$69.35$65.00$75.00$75.00$65.00
ATM IV65.0%59.1%73.6%60.8%67.2%
Expected Move18.8%17.0%21.1%17.4%19.3%
HV 20d70.2%56.7%78.8%56.7%69.3%
HV 60d56.9%53.1%59.5%53.1%57.9%
IV Rank15.5%7.4%27.4%9.7%18.5%
IV Percentile54.6%18.1%82.0%36.2%66.9%
Term Structure-3.9%-14.4%7.9%5.3%-8.7%
VWIV66.0%57.5%74.7%60.7%67.7%
Skew 25d0.4%-2.8%3.5%-1.8%0.3%
Skew 10d0.5%-6.6%6.8%-5.2%3.8%
Call IV 25d65.7%59.8%75.3%60.4%66.9%
Put IV 25d66.1%57.1%75.6%58.6%67.2%
Bid-Ask Spread %63.9952.4885.1077.3052.48
Gamma HHI0.160.130.200.140.20
Net GEX-10.3K-163.0K173.5K141.3K-47.0K
Net DEX8.2M-251.0K19.8M1.8M5.4M
Net VEX-173.6K-199.7K-155.2K-199.7K-163.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.011.890.251.04
Total Volume1,006.4782723,7158941,503
Total OI20,110.08716,12123,10219,71918,214

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$71.51$75.0060.8%17.4%56.7%9.7%60.7%-1.8%5.3%141.3K1.8M-199.7K0.2577.30N/AN/A71617810,8948,825
2021-03-02$70.09$75.0059.4%17.0%57.1%7.7%57.5%-2.7%7.9%87.4K5.0M-194.0K1.7678.17N/AN/A16929811,2139,009
2021-03-03$68.08$75.0059.3%17.0%57.9%7.6%58.8%-0.0%6.5%6.6K8.7M-183.7K0.3485.10N/AN/A30710311,2748,880
2021-03-04$64.53$70.0059.1%19.0%60.3%7.4%67.0%-0.1%-3.5%-103.9K15.0M-170.3K0.6457.86N/AN/A98763211,3698,923
2021-03-05$61.82$70.0059.3%18.2%59.6%7.6%64.4%-1.2%1.5%-150.9K19.8M-161.8K0.5461.20N/AN/A57131011,8269,283
2021-03-08$62.49$70.0066.3%19.5%59.8%17.2%68.5%-2.8%-2.6%-143.4K18.8M-163.7K0.7164.58N/AN/A33724011,8919,425
2021-03-09$69.93$70.0063.3%19.1%72.2%13.1%66.3%0.7%-4.2%40.8K5.2M-190.1K0.1860.97N/AN/A1,38625112,0129,513
2021-03-10$67.08$70.0066.5%19.1%73.2%17.5%66.7%-2.2%-4.2%19.8K9.8M-179.6K0.1469.83N/AN/A1,02614012,5059,437
2021-03-11$71.87$70.0064.3%18.4%78.2%14.5%65.1%1.8%-2.3%173.5K-251.0K-192.0K0.0560.23N/AN/A9134612,4099,500
2021-03-12$69.54$70.0066.2%19.0%78.8%17.1%66.0%-0.9%-3.1%38.7K5.8M-185.8K0.2067.95N/AN/A80316012,5879,497
2021-03-15$70.51$70.0065.6%18.8%78.6%16.4%65.8%0.8%-1.7%98.5K2.5M-189.3K0.2862.17N/AN/A2617213,0569,581
2021-03-16$69.09$70.0065.1%18.7%75.6%15.7%65.2%1.5%-3.1%47.3K7.0M-181.0K0.8366.32N/AN/A22518613,0939,595
2021-03-17$70.39$70.0065.7%18.8%72.9%16.4%66.0%-0.4%-1.3%101.9K1.8M-184.7K1.0261.69N/AN/A29930413,1919,494
2021-03-18$64.97$70.0067.2%19.3%77.3%18.5%68.0%1.0%-4.0%-132.5K15.2M-166.8K0.5756.03N/AN/A93653213,2799,559
2021-03-19$67.44$70.0063.4%18.2%77.8%13.2%64.4%-1.2%-3.9%84.0K9.9M-172.9K0.8862.67N/AN/A55949213,3839,719
2021-03-22$67.49$70.0065.3%18.7%77.1%15.9%64.5%1.1%-6.1%71.4K4.0M-167.4K0.0156.75N/AN/A3,692239,8518,386
2021-03-23$66.10$70.0063.4%18.2%76.7%13.3%63.1%3.4%-5.9%-77.4K7.0M-157.9K0.2566.00N/AN/A304777,7438,378
2021-03-24$65.17$65.0066.4%19.0%76.5%17.4%66.4%3.4%-9.0%-87.2K7.8M-157.6K1.8958.09N/AN/A2755197,9478,420
2021-03-25$63.79$65.0066.6%19.1%71.2%17.7%67.8%3.5%-9.2%-163.0K10.7M-155.2K0.2563.92N/AN/A7161777,9048,713
2021-03-26$62.93$65.0068.6%19.7%70.8%20.5%68.7%2.2%-11.0%-146.5K11.3M-158.2K0.0561.57N/AN/A1,066518,3528,830
2021-03-29$63.14$65.0073.6%21.1%68.7%27.4%74.2%-0.2%-14.4%-68.1K9.4M-158.1K1.1664.78N/AN/A1261468,9298,826
2021-03-30$64.07$65.0072.7%20.8%68.9%26.1%74.7%3.1%-12.4%-27.6K7.6M-160.2K1.4956.22N/AN/A4166198,9418,876
2021-03-31$66.06$65.0067.2%19.3%69.3%18.5%67.7%0.3%-8.7%-47.0K5.4M-163.5K1.0452.48N/AN/A7367678,7709,444