NCNO Options History — August 2023

In August 2023, NCNO traded between $28.77 and $33.05. ATM implied volatility averaged 62.6%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 28.9% (HV 20d: 33.8%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.45.

Notable Days

  • 2023-08-30: Highest Volume — 4,656 contracts
  • 2023-08-16: Largest IV spike — 88.2% change
  • 2023-08-29: Highest IV Rank — 30.3%
  • 2023-08-29: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.83$28.77$33.05$32.17$33.05
Max Pain$30.43$30.00$35.00$30.00$30.00
ATM IV62.6%40.3%87.8%48.6%43.1%
Expected Move17.8%11.5%25.2%13.9%12.3%
HV 20d33.8%28.3%38.5%31.9%38.5%
HV 60d60.0%55.0%62.6%61.6%57.4%
IV Rank15.8%2.9%30.3%7.7%4.5%
IV Percentile48.3%0.4%96.4%4.4%1.6%
Term Structure-13.2%-35.3%15.4%-8.7%-3.4%
VWIV72.0%42.9%105.7%44.0%42.9%
Skew 25d-4.6%-31.4%22.0%-9.4%-2.1%
Skew 10d-4.3%-47.6%156.1%0.3%-3.4%
Call IV 25d70.5%42.1%107.5%53.7%43.2%
Put IV 25d65.9%41.1%107.7%44.2%41.1%
Bid-Ask Spread %84.5536.67119.15109.5354.30
Gamma HHI0.520.340.750.650.75
Net GEX393.4K155.8K1.0M794.1K1.0M
Net DEX-9.2M-19.6M-5.5M-16.4M-19.6M
Net VEX-51.5K-73.6K-42.0K-58.7K-73.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.002.290.320.11
Total Volume640.39104,656271,673
Total OI18,949.78312,60522,27419,75420,887

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$32.17$30.0048.6%13.9%31.9%7.7%44.0%-9.4%-8.7%794.1K-16.4M-58.7K0.00109.53N/AN/A02716,0623,692
2023-08-02$30.56$30.0075.7%21.7%36.5%23.3%64.3%0.8%-35.3%638.4K-13.2M-58.4K0.3297.90N/AN/A742416,0623,699
2023-08-03$30.06$35.0071.8%17.0%35.6%21.1%56.0%4.5%-6.6%527.8K-11.8M-61.6K1.56105.30N/AN/A16225316,1143,719
2023-08-04$29.68$35.0049.6%16.2%35.6%8.2%64.3%22.0%-9.0%358.4K-8.0M-51.3K2.1493.73N/AN/A367716,2603,969
2023-08-07$30.12$30.0060.7%16.7%36.0%14.6%61.5%-4.1%-12.9%451.1K-8.9M-46.3K2.29103.53N/AN/A71616,2684,005
2023-08-08$30.05$30.0057.8%15.9%35.3%13.0%57.7%-0.4%-14.7%336.7K-8.3M-48.7K0.6479.53N/AN/A14916,2754,022
2023-08-09$29.64$30.0053.4%15.3%35.0%10.5%53.4%-4.1%-8.9%316.2K-8.0M-48.6K0.03102.73N/AN/A70216,2824,031
2023-08-10$29.24$30.0046.7%13.4%34.5%6.6%45.1%-5.5%-9.2%226.6K-6.6M-44.0K0.00109.01N/AN/A104016,3684,033
2023-08-11$29.34$30.0059.1%16.9%33.7%13.7%0.0%-0.9%-20.1%214.8K-6.8M-47.2K0.00107.71N/AN/A11016,4494,033
2023-08-14$29.41$30.0043.4%12.4%33.0%4.7%0.0%20.0%-11.2%271.9K-6.3M-42.1K0.00103.73N/AN/A0016,4514,033
2023-08-15$28.81$30.0040.3%11.5%33.4%2.9%58.4%-0.6%15.4%199.1K-5.5M-42.0K0.00119.15N/AN/A0216,4514,032
2023-08-16$29.07$30.0075.8%21.7%33.3%23.4%85.8%-10.5%-22.5%155.8K-6.1M-47.3K0.0382.16N/AN/A1,0093316,4514,033
2023-08-17$29.26$30.0052.2%15.0%33.2%9.7%89.0%-13.8%-10.0%229.3K-6.6M-43.4K0.0794.84N/AN/A8295617,4364,060
2023-08-18$29.54$30.0076.5%21.9%33.3%23.8%96.9%-16.6%-12.2%225.3K-6.2M-45.1K0.0586.37N/AN/A3742018,1744,100
2023-08-21$28.77$30.0079.0%22.6%32.7%25.2%95.6%-18.2%-18.6%253.5K-6.9M-52.5K0.0371.09N/AN/A1,926509,4673,138
2023-08-22$29.41$30.0054.1%15.5%34.0%10.9%105.7%-31.4%13.2%347.6K-9.3M-55.2K0.0183.90N/AN/A1,191611,8433,205
2023-08-23$29.80$30.0071.8%20.6%34.3%21.1%91.9%-13.3%-14.6%385.1K-9.8M-57.8K0.3063.04N/AN/A1745212,9303,211
2023-08-24$28.94$30.0081.2%23.3%33.1%26.5%92.0%-10.2%-30.1%372.0K-9.0M-53.7K0.0371.35N/AN/A4521213,0773,254
2023-08-25$28.77$30.0078.8%22.6%28.3%25.1%79.3%15.3%-29.0%348.7K-8.0M-53.7K0.1376.03N/AN/A32413,4893,264
2023-08-28$28.98$30.0085.5%24.5%28.3%29.0%89.2%-11.1%-28.4%369.7K-8.7M-51.7K0.5336.67N/AN/A22311813,5193,266
2023-08-29$29.48$30.0087.8%25.2%29.4%30.3%90.6%-17.1%-19.9%401.1K-9.8M-53.9K0.7037.06N/AN/A56139013,6413,351
2023-08-30$31.94$30.0048.0%13.8%37.5%7.4%49.3%0.7%-7.3%619.7K-11.7M-47.8K0.0955.99N/AN/A4,28637014,0283,711
2023-08-31$33.05$30.0043.1%12.3%38.5%4.5%42.9%-2.1%-3.4%1.0M-19.6M-73.6K0.1154.30N/AN/A1,50516817,0943,793