NCNO Options History — March 2026

In March 2026, NCNO traded between $14.04 and $16.86. ATM implied volatility averaged 77.4%, placing in the 87.8% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 20.7% (HV 20d: 56.7%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.80.

Notable Days

  • 2026-03-26: Highest Volume — 2,307 contracts
  • 2026-03-06: Largest IV spike — 14.0% change
  • 2026-03-23: Highest IV Rank — 100.0%
  • 2026-03-31: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.47$14.04$16.86$16.07$14.88
Max Pain$16.70$15.00$17.50$17.50$15.00
ATM IV77.4%56.3%97.7%63.8%97.7%
Expected Move22.0%16.1%28.0%18.3%28.0%
HV 20d56.7%42.9%79.4%76.5%45.4%
HV 60d55.4%53.6%57.8%57.5%57.7%
IV Rank87.8%55.1%100.0%68.1%100.0%
IV Percentile97.1%81.3%100.0%93.7%100.0%
Term Structure-8.1%-20.2%11.5%8.2%-19.3%
VWIV78.6%56.7%98.8%87.7%98.8%
Skew 25d8.5%4.4%13.8%6.9%13.8%
Skew 10d16.7%-9.5%33.8%19.1%29.2%
Call IV 25d76.6%60.6%95.9%62.1%95.9%
Put IV 25d85.1%68.4%109.7%69.1%109.7%
Bid-Ask Spread %49.7821.4390.3089.6623.95
Gamma HHI0.510.220.660.640.64
Net GEX95.2K24.6K187.6K142.7K95.6K
Net DEX-1.3M-2.9M-389.1K-1.9M-1.6M
Net VEX-8.7K-13.0K-6.3K-10.6K-9.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.0011.001.000.37
Total Volume272.54522,3072481
Total OI10,901.2277,48612,63210,8129,703

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$16.07$17.5063.8%18.3%76.5%68.1%87.7%6.9%8.2%142.7K-1.9M-10.6K1.0089.66N/AN/A1110,307505
2026-03-03$16.86$17.5062.1%17.8%79.4%65.2%62.1%6.0%6.9%178.9K-2.9M-13.0K3.5090.30N/AN/A3211210,888506
2026-03-04$16.41$17.5056.3%16.1%67.9%55.1%56.7%7.7%11.5%168.1K-2.2M-11.1K1.0083.63N/AN/A7710,911554
2026-03-05$16.77$15.0060.0%20.0%67.9%61.5%68.5%7.0%-6.6%183.7K-2.6M-12.0K0.0569.55N/AN/A5553010,910560
2026-03-06$16.80$17.5068.3%21.3%64.8%76.2%69.9%10.0%-8.4%187.6K-2.9M-12.5K0.2776.84N/AN/A1062911,456570
2026-03-09$16.30$17.5072.0%21.5%65.1%82.5%77.2%11.1%-7.3%161.7K-1.9M-10.7K4.5072.90N/AN/A2911,584594
2026-03-10$15.89$17.5074.5%21.6%65.2%87.0%71.4%8.3%-7.7%141.1K-1.4M-9.8K0.0774.42N/AN/A1481011,585598
2026-03-11$15.73$17.5074.3%21.3%64.3%86.6%74.2%8.2%-5.6%129.7K-1.2M-9.5K0.5574.70N/AN/A11611,674605
2026-03-12$15.20$17.5080.8%19.9%62.4%97.9%84.3%9.2%-7.6%85.4K-771.2K-7.9K11.0042.09N/AN/A22211,675611
2026-03-13$15.04$17.5076.9%19.5%52.6%91.1%75.2%7.3%-9.6%63.9K-505.7K-7.1K1.0029.22N/AN/A303011,677612
2026-03-16$15.14$17.5077.5%21.7%52.5%92.2%75.0%12.2%-6.9%52.5K-443.7K-6.8K0.7544.04N/AN/A12911,707640
2026-03-17$15.14$17.5075.1%21.4%52.5%88.0%74.7%6.6%-6.8%31.8K-399.7K-6.6K9.6938.68N/AN/A1312611,711648
2026-03-18$15.22$17.5077.3%21.7%52.3%91.8%0.0%8.3%-8.2%24.6K-389.1K-6.3K2.6025.82N/AN/A102611,723747
2026-03-19$15.42$17.5078.4%22.2%52.2%93.8%76.4%8.6%-8.5%71.1K-572.0K-6.6K2.1521.43N/AN/A6614211,718767
2026-03-20$15.38$17.5080.6%22.5%51.8%97.6%80.1%4.4%-8.8%27.4K-455.4K-6.4K0.0324.55N/AN/A1,0202811,748884
2026-03-23$15.66$17.5083.9%23.2%44.0%100.0%82.0%6.5%-10.5%57.9K-1.1M-8.5K0.0330.58N/AN/A14346,968518
2026-03-24$14.57$15.0080.1%22.5%48.1%96.7%78.8%7.0%-12.5%43.0K-611.5K-6.6K0.4338.52N/AN/A737,010521
2026-03-25$14.47$15.0081.7%22.8%47.0%99.5%79.9%6.2%-13.0%45.4K-628.2K-7.1K0.5628.78N/AN/A18107,019524
2026-03-26$14.91$15.0090.8%26.0%42.9%100.0%86.0%7.8%-19.3%49.5K-837.4K-7.4K0.0041.33N/AN/A2,30257,033534
2026-03-27$14.04$15.0095.4%27.4%45.9%100.0%94.0%11.0%-20.2%69.5K-987.4K-7.9K0.0335.45N/AN/A19969,032536
2026-03-30$14.34$15.0096.4%27.6%46.9%100.0%97.6%12.7%-18.9%83.6K-1.3M-8.6K0.0738.73N/AN/A201159,215539
2026-03-31$14.88$15.0097.7%28.0%45.4%100.0%98.8%13.8%-19.3%95.6K-1.6M-9.4K0.3723.95N/AN/A3521299,149554