NCNO Options History — August 2025

In August 2025, NCNO traded between $26.23 and $32.48. ATM implied volatility averaged 45.6%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 5.4% (HV 20d: 40.3%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 25.49.

Notable Days

  • 2025-08-27: Highest Volume — 4,969 contracts
  • 2025-08-13: Largest IV spike — 47.0% change
  • 2025-08-26: Highest IV Rank — 71.1%
  • 2025-08-26: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.23$26.23$32.48$27.04$32.11
Max Pain$26.19$25.00$30.00$30.00$25.00
ATM IV45.6%33.0%64.2%42.8%35.3%
Expected Move14.1%10.1%18.4%12.3%10.1%
HV 20d40.3%32.2%60.2%33.8%56.4%
HV 60d33.1%30.5%41.2%31.0%40.7%
IV Rank39.2%17.5%71.1%34.4%21.2%
IV Percentile74.3%44.4%97.2%73.0%51.6%
Term Structure-6.7%-14.1%3.1%3.1%1.0%
VWIV48.2%30.0%68.3%30.0%35.2%
Skew 25d6.4%-4.1%15.0%-4.1%0.9%
Skew 10d16.0%-7.1%40.2%16.5%-0.0%
Call IV 25d45.0%34.4%62.4%40.9%34.4%
Put IV 25d51.4%35.3%70.4%36.8%35.3%
Bid-Ask Spread %66.7026.8595.5695.5651.85
Gamma HHI0.350.280.480.350.38
Net GEX130.1K-105.2K502.8K-69.6K449.1K
Net DEX-2.5M-14.0M5.7M5.7M-11.9M
Net VEX-21.6K-45.5K-12.6K-16.6K-45.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio25.490.00503.001.091.45
Total Volume900.81104,96923456
Total OI8,144.1434,35812,7049,87912,704

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$27.04$30.0042.8%12.3%33.8%34.4%30.0%-4.1%3.1%-69.6K5.7M-16.6K1.0995.56N/AN/A11125,5994,280
2025-08-04$27.95$30.0036.3%13.5%36.2%23.2%47.4%5.6%-6.3%-105.2K4.8M-17.4K5.9169.86N/AN/A1711,0115,6014,268
2025-08-05$27.46$30.0042.8%14.5%34.8%34.3%46.4%10.3%-6.7%7.4K3.0M-15.3K2.6078.34N/AN/A10265,7513,270
2025-08-06$26.83$30.0039.7%14.5%35.3%29.1%51.7%10.2%-8.0%14.8K3.7M-13.2K503.0074.60N/AN/A15035,7483,278
2025-08-07$26.90$30.0041.8%14.6%35.3%32.7%50.0%4.2%-8.0%27.4K2.4M-12.6K1.2665.45N/AN/A4305415,7482,785
2025-08-08$26.23$25.0040.2%14.5%36.1%30.0%49.2%4.9%-8.1%18.1K1.4M-13.6K7.9169.30N/AN/A1321,0446,1292,363
2025-08-11$26.34$25.0047.3%15.0%32.2%42.2%52.0%5.5%-10.5%24.7K-1.2M-13.6K8.1269.98N/AN/A262116,2491,482
2025-08-12$26.46$25.0033.0%15.0%32.3%17.5%49.1%4.3%-9.7%41.4K-1.7M-14.0K0.0074.45N/AN/A1006,2641,515
2025-08-13$28.14$25.0048.5%13.9%39.5%44.1%49.1%15.0%-9.5%78.7K-2.6M-15.8K0.0476.16N/AN/A16666,2651,515
2025-08-14$27.55$25.0047.8%13.7%39.3%42.8%48.1%11.0%-6.2%75.7K-2.4M-15.0K0.4166.20N/AN/A81336,3811,512
2025-08-15$27.89$25.0049.5%14.2%39.8%45.7%0.0%12.0%-6.2%83.8K-2.6M-16.3K0.0074.83N/AN/A20716,4381,543
2025-08-18$28.02$25.0047.8%13.7%39.7%42.7%49.2%5.9%-4.0%92.5K-2.2M-17.1K0.2968.78N/AN/A59173,598760
2025-08-19$27.78$25.0052.1%14.9%38.0%50.2%47.4%11.3%-9.1%90.5K-2.1M-17.1K0.0369.66N/AN/A877303,644764
2025-08-20$27.74$25.0052.0%14.9%38.0%50.0%51.3%3.8%-8.4%117.9K-2.6M-21.3K0.0169.90N/AN/A51354,454791
2025-08-21$27.80$25.0053.0%15.2%37.9%51.7%53.1%11.3%-9.5%158.7K-3.2M-23.0K0.3075.99N/AN/A1034,996797
2025-08-22$28.98$25.0052.8%15.1%41.0%51.5%54.0%6.1%-8.3%193.9K-4.3M-24.9K0.0261.43N/AN/A1,258295,002801
2025-08-25$28.46$25.0055.4%15.9%41.1%55.9%58.9%2.2%-10.6%229.9K-4.5M-28.3K0.0466.99N/AN/A1,642606,331820
2025-08-26$28.63$25.0064.2%18.4%40.4%71.1%68.3%8.0%-14.1%261.9K-6.2M-30.9K1.7544.34N/AN/A1,2582,2047,183855
2025-08-27$32.48$25.0039.7%11.4%60.2%28.9%37.7%4.2%-1.9%502.8K-14.0M-37.3K0.2626.85N/AN/A3,9381,0318,1202,822
2025-08-28$31.95$25.0036.3%10.4%58.7%23.0%35.6%1.2%-0.1%437.8K-11.6M-44.9K0.7650.12N/AN/A5073879,1263,475
2025-08-29$32.11$25.0035.3%10.1%56.4%21.2%35.2%0.9%1.0%449.1K-11.9M-45.5K1.4551.85N/AN/A1862709,1863,518