NCNO Options History — July 2025

In July 2025, NCNO traded between $27.71 and $31.45. ATM implied volatility averaged 33.2%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 4.6% (HV 20d: 28.5%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 3.90.

Notable Days

  • 2025-07-28: Highest Volume — 2,119 contracts
  • 2025-07-28: Largest IV spike — 22.7% change
  • 2025-07-28: Highest IV Rank — 24.7%
  • 2025-07-28: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.63$27.71$31.45$27.71$28.09
Max Pain$26.14$25.00$30.00$30.00$30.00
ATM IV33.2%30.3%37.2%32.5%33.6%
Expected Move9.5%8.4%10.7%9.3%9.6%
HV 20d28.5%24.1%32.3%27.4%32.3%
HV 60d30.3%28.0%36.5%36.4%29.9%
IV Rank18.0%12.8%24.7%17.8%18.5%
IV Percentile46.9%31.7%60.3%47.6%48.0%
Term Structure7.9%-6.5%12.8%-0.6%12.8%
VWIV34.8%22.9%77.5%77.5%32.5%
Skew 25d3.0%-9.9%13.2%3.6%-6.4%
Skew 10d2.7%-30.7%21.2%-0.3%-6.5%
Call IV 25d31.0%22.5%42.5%34.0%33.3%
Put IV 25d34.0%26.9%41.9%37.7%26.9%
Bid-Ask Spread %96.1788.01107.7298.3398.33
Gamma HHI0.600.360.730.550.51
Net GEX201.3K-156.3K332.9K122.6K-120.8K
Net DEX-3.7M-6.7M4.2M-1.8M4.2M
Net VEX-17.6K-25.0K-14.4K-15.9K-19.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.900.0056.271.610.35
Total Volume334.36422,1199496
Total OI6,662.0915,9269,8955,9779,880

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$27.71$30.0032.5%9.3%27.4%17.8%0.0%3.6%-0.6%122.6K-1.8M-15.9K1.6198.33N/AN/A36584,2581,719
2025-07-02$28.05$30.0035.8%10.3%24.1%23.3%77.5%-9.9%-6.5%136.6K-2.2M-16.2K6.50107.72N/AN/A4264,2671,743
2025-07-03$28.71$25.0031.1%8.4%25.3%15.4%29.7%7.5%9.2%188.0K-2.9M-16.1K0.0099.32N/AN/A1304,2401,736
2025-07-07$28.70$25.0034.4%9.6%25.3%21.0%33.6%9.3%5.6%166.7K-2.7M-15.7K0.0092.01N/AN/A2304,2421,736
2025-07-08$29.54$25.0032.5%9.6%27.0%16.6%34.4%3.9%5.3%205.9K-3.7M-16.2K3.2392.16N/AN/A531714,2531,736
2025-07-09$29.15$25.0034.0%9.7%27.5%19.2%22.9%13.2%5.0%216.4K-3.4M-15.6K0.00100.38N/AN/A11404,3011,646
2025-07-10$28.88$25.0031.9%9.2%27.8%15.7%32.0%6.3%7.5%219.3K-3.1M-14.8K0.0094.60N/AN/A1404,3111,616
2025-07-11$28.70$25.0032.7%9.4%28.0%17.0%33.9%2.1%7.2%200.7K-2.8M-14.4K0.0296.30N/AN/A19544,3101,616
2025-07-14$29.89$25.0034.2%9.8%31.1%19.6%34.2%1.8%5.3%284.3K-4.5M-15.5K0.1091.33N/AN/A218224,4091,616
2025-07-15$29.50$25.0032.8%9.4%30.2%17.2%30.4%11.5%6.5%281.2K-4.0M-15.3K0.1198.81N/AN/A106124,4741,630
2025-07-16$30.01$25.0033.5%9.6%30.5%18.3%41.0%9.0%5.7%332.9K-4.7M-15.7K0.0097.82N/AN/A204,5041,637
2025-07-17$30.50$25.0032.7%9.4%30.8%16.9%31.5%7.8%10.5%318.5K-5.6M-15.2K0.1296.43N/AN/A352414,5141,637
2025-07-18$30.43$25.0032.4%9.3%30.8%16.4%31.6%5.2%10.8%240.5K-6.1M-16.8K0.0393.13N/AN/A520174,7561,672
2025-07-21$30.65$25.0031.5%9.0%28.3%14.8%32.6%-4.2%12.1%280.3K-5.9M-17.8K0.0288.01N/AN/A894164,8591,291
2025-07-22$31.45$25.0032.1%9.2%29.0%15.9%31.4%1.9%11.7%272.0K-6.7M-17.6K0.0089.97N/AN/A53524,8041,298
2025-07-23$31.05$25.0031.6%9.1%29.9%15.1%31.6%-0.6%11.6%299.2K-6.7M-19.3K0.0190.53N/AN/A16625,2631,300
2025-07-24$30.61$25.0030.8%8.8%29.6%13.7%30.0%1.6%12.8%320.2K-6.1M-19.7K0.4194.36N/AN/A73305,4161,301
2025-07-25$30.98$25.0030.3%8.7%26.4%12.8%30.4%4.5%12.8%323.0K-6.6M-19.8K0.1098.07N/AN/A115115,4821,328
2025-07-28$30.46$25.0037.2%10.7%27.6%24.7%37.2%2.5%8.0%307.1K-5.8M-20.0K56.2796.68N/AN/A372,0825,5911,333
2025-07-29$29.74$30.0036.3%10.4%29.0%23.1%36.3%-3.5%8.7%-8.8K-1.7M-24.1K15.3798.05N/AN/A761,1685,5803,366
2025-07-30$29.12$30.0036.0%10.3%29.6%22.6%35.6%-1.6%10.7%-156.3K1.4M-25.0K1.48103.42N/AN/A21315,5894,306
2025-07-31$28.09$30.0033.6%9.6%32.3%18.5%32.5%-6.4%12.8%-120.8K4.2M-19.9K0.3598.33N/AN/A71255,5824,298