NCNO Options History — March 2022

In March 2022, NCNO traded between $38.78 and $52.06. ATM implied volatility averaged 95.8%, placing in the 80.2% IV rank vs the trailing year. The 30-day expected move averaged 24.8%. IV traded above realized volatility by 7.5% (HV 20d: 88.3%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.21.

Notable Days

  • 2022-03-11: Highest Volume — 9,403 contracts
  • 2022-03-07: Largest IV spike — 23.4% change
  • 2022-03-07: Highest IV Rank — 100.0%
  • 2022-03-08: Largest Expected Move — 34.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.25$38.78$52.06$48.02$41.09
Max Pain$48.70$45.00$55.00$45.00$45.00
ATM IV95.8%76.8%111.1%76.8%103.8%
Expected Move24.8%20.4%34.1%22.0%21.5%
HV 20d88.3%65.2%103.9%65.2%100.8%
HV 60d70.2%60.0%79.9%63.0%79.9%
IV Rank80.2%57.9%100.0%57.9%90.2%
IV Percentile97.9%95.2%100.0%98.0%97.6%
Term Structure-17.3%-32.1%-2.0%-6.7%-28.2%
VWIV88.2%68.2%138.2%74.4%79.3%
Skew 25d1.0%-11.8%13.7%10.6%-0.7%
Skew 10d10.9%-10.1%69.0%69.0%-0.2%
Call IV 25d96.1%69.0%116.6%72.8%108.1%
Put IV 25d97.1%81.6%110.8%83.3%107.4%
Bid-Ask Spread %64.6556.6676.0272.1366.18
Gamma HHI0.210.160.370.190.16
Net GEX508.7K148.4K1.3M148.4K437.2K
Net DEX-6.4M-19.8M6.7M-477.8K-3.3M
Net VEX-96.7K-117.6K-77.9K-79.0K-88.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.040.570.160.40
Total Volume3,338.4351,3239,4032,0063,817
Total OI22,888.30413,20431,71413,20426,741

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$48.02$45.0076.8%22.0%65.2%57.9%74.4%10.6%-6.7%148.4K-477.8K-79.0K0.1672.13N/AN/A1,7322747,4215,783
2022-03-02$52.06$45.0085.9%24.6%70.2%71.0%81.7%13.7%-8.1%288.5K-6.9M-94.8K0.1871.98N/AN/A2,5484528,2015,811
2022-03-03$50.37$45.0083.2%23.8%68.7%67.0%83.3%9.6%-4.9%423.7K-8.0M-98.2K0.5662.20N/AN/A99955810,0255,959
2022-03-04$49.05$45.0090.0%25.8%68.2%76.9%90.4%6.6%-11.3%372.0K-5.7M-93.9K0.1466.50N/AN/A1,60222910,2775,926
2022-03-07$47.03$45.00111.1%31.8%68.1%100.0%117.0%-3.1%-14.4%348.5K-4.0M-90.7K0.1264.31N/AN/A1,64619911,1025,930
2022-03-08$48.21$45.0091.4%34.1%68.5%73.6%120.8%3.9%-14.4%473.4K-7.7M-97.7K0.1257.99N/AN/A2,88235011,8185,921
2022-03-09$48.52$45.0080.2%26.9%67.3%58.6%94.4%7.3%-2.0%695.4K-10.1M-97.6K0.1261.79N/AN/A2,81234613,4006,030
2022-03-10$50.75$45.0086.9%28.7%67.8%67.5%116.9%-3.5%-12.9%776.6K-19.8M-115.3K0.5776.02N/AN/A4,2242,41413,0746,019
2022-03-11$43.43$50.0096.3%33.1%88.1%80.1%138.2%-11.8%-19.2%307.1K925.0K-90.0K0.2757.67N/AN/A7,3902,01315,2287,402
2022-03-14$38.78$55.00107.5%23.9%96.2%95.1%88.2%-3.5%-26.1%197.8K6.7M-77.9K0.4160.56N/AN/A3,7821,55619,2037,194
2022-03-15$38.92$55.00104.6%26.1%96.3%91.4%93.2%-7.2%-14.0%264.0K4.2M-79.6K0.3258.75N/AN/A2,62484320,5067,131
2022-03-16$41.04$55.00100.5%25.0%97.5%85.8%90.6%-8.6%-11.7%263.3K1.3M-91.7K0.1260.69N/AN/A2,90033721,5247,162
2022-03-17$44.54$55.00104.3%25.4%102.1%90.9%84.7%-3.0%-17.8%559.6K-5.1M-100.4K0.1359.45N/AN/A3,72849022,3807,202
2022-03-18$45.14$55.0098.4%24.0%100.3%83.0%79.2%3.3%-15.8%1.3M-7.3M-103.1K0.1065.45N/AN/A3,27531724,4207,294
2022-03-21$42.35$55.00104.0%24.0%102.1%90.5%83.5%-0.4%-19.9%418.2K-6.4M-96.9K0.1562.58N/AN/A1,35721016,8935,729
2022-03-22$44.92$55.0092.3%21.6%103.9%74.9%76.9%2.2%-18.0%526.3K-8.3M-95.3K0.1865.40N/AN/A1,12419916,9745,769
2022-03-23$45.18$55.0094.1%21.8%102.2%77.2%72.8%2.3%-18.1%556.5K-10.1M-101.9K0.0471.95N/AN/A5,58320017,0455,795
2022-03-24$45.68$45.0099.6%20.7%97.5%84.6%68.2%1.8%-32.1%745.3K-15.3M-117.6K0.0862.39N/AN/A2,64120420,2605,823
2022-03-25$44.65$45.0097.4%21.4%97.9%81.6%72.8%3.0%-25.8%712.4K-13.6M-113.6K0.2272.53N/AN/A1,15625320,3345,854
2022-03-28$42.12$45.0099.4%22.0%98.8%84.4%76.3%-0.8%-24.1%535.8K-6.0M-92.5K0.1166.99N/AN/A2,55327920,3695,911
2022-03-29$46.07$45.0097.6%20.4%102.4%81.9%71.5%-0.7%-26.6%815.1K-14.9M-111.5K0.1866.86N/AN/A1,60029520,7405,968
2022-03-30$42.83$45.0097.1%21.1%100.5%81.2%74.1%1.6%-24.7%580.0K-7.4M-96.9K0.1656.66N/AN/A2,39839320,8606,023
2022-03-31$41.09$45.00103.8%21.5%100.8%90.2%79.3%-0.7%-28.2%437.2K-3.3M-88.2K0.4066.18N/AN/A2,7211,09620,6456,096