NNN Options History — February 2013

In February 2013, NNN traded between $32.00 and $34.54. ATM implied volatility averaged 11.3%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 2.8%. IV traded above realized volatility by 2.5% (HV 20d: 8.8%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 8 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.02.

Notable Days

  • 2013-02-01: Highest Volume — 250 contracts
  • 2013-02-07: Largest IV drop — 52.7% change
  • 2013-02-06: Highest IV Rank — 24.5%
  • 2013-02-12: Largest Expected Move — 3.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.36$32.00$34.54$32.00$34.45
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV11.3%6.8%19.5%16.9%9.1%
Expected Move2.8%1.9%3.5%2.9%2.6%
HV 20d8.8%7.0%11.4%8.3%11.0%
HV 60d8.6%7.9%9.4%8.9%9.3%
IV Rank6.5%0.0%24.5%18.2%5.3%
IV Percentile13.6%0.0%65.5%44.4%2.4%
Term Structure3.8%-1.4%7.2%2.8%2.1%
VWIV16.7%12.0%23.7%14.2%23.7%
Skew 25d14.8%1.0%63.8%1.0%59.5%
Skew 10d19.5%0.6%80.9%0.6%72.4%
Call IV 25d10.9%6.7%26.9%9.0%11.1%
Put IV 25d25.8%10.1%72.1%10.1%70.6%
Bid-Ask Spread %24.177.7052.5714.3141.65
Gamma HHI0.570.500.660.500.64
Net GEX-4.4K-44.5K40.9K-15.3K40.9K
Net DEX-416.7K-822.5K45.4K-254.9K-822.5K
Net VEX-4.8K-5.9K-3.6K-3.6K-5.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.230.000.00
Total Volume41.105025025017
Total OI1,555.7371,1821,7071,1821,705

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-02-01$32.00$30.0016.9%2.9%8.3%18.2%0.0%1.0%2.8%-15.3K-254.9K-3.6K0.0014.31N/AN/A0250276906
2013-02-04$32.11$30.0018.5%3.3%8.0%22.1%0.0%2.7%4.8%-44.5K45.4K-5.9K0.0036.52N/AN/A002761,156
2013-02-05$32.30$30.0018.5%3.3%7.8%22.1%0.0%3.8%0.8%-39.2K-57.9K-5.2K0.0034.08N/AN/A002761,156
2013-02-06$32.36$30.0019.5%3.2%7.7%24.5%0.0%3.1%5.8%-35.4K-91.2K-5.4K0.0013.40N/AN/A0182761,156
2013-02-07$32.65$30.009.2%2.6%8.2%0.0%0.0%3.1%-0.8%-32.2K-157.0K-4.6K0.0012.40N/AN/A1502761,174
2013-02-08$32.80$30.009.4%2.7%8.0%0.3%0.0%3.6%4.8%-30.6K-189.8K-4.6K0.0016.55N/AN/A3002911,174
2013-02-11$33.02$30.009.3%2.7%8.1%0.1%14.2%3.5%5.6%-21.9K-211.5K-4.6K0.0010.15N/AN/A803211,174
2013-02-12$33.31$30.0012.2%3.5%8.1%7.2%0.0%6.9%5.5%-20.4K-311.2K-4.2K0.0016.83N/AN/A1003251,174
2013-02-13$33.33$30.008.6%2.5%8.0%0.0%0.0%4.6%6.1%-14.8K-293.9K-4.5K0.0017.78N/AN/A503351,174
2013-02-14$33.50$30.009.8%2.8%7.0%2.8%0.0%7.1%6.3%-13.7K-358.2K-4.3K0.007.70N/AN/A5003401,174
2013-02-15$33.67$30.008.8%2.5%7.0%0.4%0.0%6.9%7.2%-6.0K-530.0K-4.1K0.0030.67N/AN/A16003901,174
2013-02-19$34.21$30.0011.8%3.4%8.6%7.8%12.0%37.9%-1.4%13.3K-637.0K-5.3K0.2340.01N/AN/A3584851,174
2013-02-20$34.14$30.008.6%2.5%8.7%0.0%0.0%14.9%5.8%14.8K-697.5K-5.4K0.0043.07N/AN/A005191,182
2013-02-21$33.73$30.008.7%2.5%10.0%0.3%0.0%3.8%0.3%16.7K-639.3K-4.9K0.0019.02N/AN/A005191,182
2013-02-22$33.89$30.009.7%2.8%9.8%2.6%0.0%5.1%3.5%16.8K-650.6K-5.1K0.0011.29N/AN/A14105191,182
2013-02-25$33.64$30.0010.6%3.0%10.0%4.9%0.0%5.6%2.1%18.8K-550.3K-5.5K0.0027.90N/AN/A3005251,182
2013-02-26$34.23$30.006.8%1.9%11.4%0.0%23.7%45.2%5.0%30.6K-723.0K-4.9K0.0013.35N/AN/A305251,182
2013-02-27$34.54$30.008.6%2.5%11.0%4.2%0.0%63.8%5.0%38.0K-787.8K-5.0K0.0052.57N/AN/A105221,182
2013-02-28$34.45$30.009.1%2.6%11.0%5.3%0.0%59.5%2.1%40.9K-822.5K-5.0K0.0041.65N/AN/A1705231,182