NNN Options History — February 2014

In February 2014, NNN traded between $32.07 and $35.89. ATM implied volatility averaged 19.5%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 1.1% (HV 20d: 20.6%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.18.

Notable Days

  • 2014-02-10: Highest Volume — 64 contracts
  • 2014-02-04: Largest IV drop — 31.8% change
  • 2014-02-03: Highest IV Rank — 40.9%
  • 2014-02-03: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.84$32.07$35.89$32.14$35.89
Max Pain$33.95$30.00$35.00$30.00$35.00
ATM IV19.5%14.2%28.6%28.6%18.3%
Expected Move5.1%4.1%8.2%8.2%5.2%
HV 20d20.6%15.4%25.1%25.1%15.4%
HV 60d20.0%18.9%21.8%21.8%19.1%
IV Rank23.8%13.9%40.9%40.9%20.4%
IV Percentile45.3%19.4%90.5%90.5%37.3%
Term Structure-0.5%-18.7%3.9%-18.7%1.6%
VWIV17.2%15.1%19.7%17.1%18.0%
Skew 25d11.6%-11.7%30.7%-11.7%6.9%
Skew 10d18.1%-8.1%38.7%-1.0%37.9%
Call IV 25d20.6%15.3%29.0%29.0%19.6%
Put IV 25d32.2%17.1%48.7%17.3%26.5%
Bid-Ask Spread %107.8599.82113.96112.77112.43
Gamma HHI0.700.510.820.550.78
Net GEX45.6K10.1K80.2K17.7K66.5K
Net DEX-624.8K-1.5M26.0K-96.2K-1.5M
Net VEX-5.9K-6.3K-5.6K-5.6K-5.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.0010.001.170.00
Total Volume18.7370642612
Total OI1,1791,0931,2281,0931,228

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$32.14$30.0028.6%8.2%25.1%40.9%17.1%-11.7%-18.7%17.7K-96.2K-5.6K1.17112.77N/AN/A1214626467
2014-02-04$32.14$30.0019.5%5.6%25.1%23.9%0.0%-0.1%-6.0%10.1K-67.3K-5.7K10.00109.07N/AN/A220633478
2014-02-05$32.07$30.0021.7%6.2%25.0%28.0%0.0%-2.7%-9.2%11.2K26.0K-5.8K0.00107.35N/AN/A00631498
2014-02-06$32.44$30.0020.9%6.0%25.1%26.5%0.0%2.3%-5.5%14.4K-9.4K-5.8K0.00108.76N/AN/A06631498
2014-02-07$32.57$35.0021.9%5.6%24.9%28.4%0.0%6.1%1.1%16.2K-53.1K-5.8K0.0099.82N/AN/A10631494
2014-02-10$33.02$35.0027.8%4.6%22.6%39.4%19.7%4.8%1.9%22.0K-244.3K-5.8K0.03103.97N/AN/A622632494
2014-02-11$33.42$35.0025.6%4.5%21.7%35.3%0.0%20.2%2.7%37.6K-379.6K-5.9K1.82103.35N/AN/A1120694494
2014-02-12$33.56$35.0021.0%4.4%21.5%26.6%0.0%22.6%2.9%42.0K-382.8K-5.8K0.00107.07N/AN/A023695474
2014-02-13$33.72$35.0017.4%5.0%21.2%20.0%17.8%-0.9%1.7%45.9K-549.6K-5.9K0.00106.75N/AN/A440695473
2014-02-14$33.98$35.0014.8%4.2%21.1%15.0%15.1%30.7%3.9%55.7K-544.9K-6.3K0.69113.69N/AN/A1611731473
2014-02-18$34.15$35.0014.2%4.1%19.9%13.9%0.0%26.2%3.5%61.3K-688.6K-6.0K0.43102.80N/AN/A73743477
2014-02-19$34.26$35.0018.1%5.2%18.6%21.1%18.1%28.7%2.2%62.2K-799.2K-6.2K3.00102.38N/AN/A721750477
2014-02-20$34.45$35.0016.5%4.7%18.2%18.2%16.4%29.6%2.7%69.7K-805.0K-6.2K0.00110.57N/AN/A01747477
2014-02-21$34.73$35.0016.7%4.8%18.3%18.5%16.9%25.2%2.4%80.2K-973.2K-5.7K0.00105.96N/AN/A140747478
2014-02-24$34.84$35.0016.3%4.7%18.3%17.8%16.3%-3.6%1.4%59.4K-1.1M-6.0K0.56109.24N/AN/A95718475
2014-02-25$35.06$35.0016.7%4.8%17.0%18.6%16.7%-5.6%1.8%62.7K-1.2M-5.8K0.00109.84N/AN/A150725480
2014-02-26$35.22$35.0017.4%5.0%16.7%20.0%0.0%22.3%-0.3%66.4K-1.2M-5.6K0.07113.96N/AN/A151731480
2014-02-27$35.31$35.0017.4%5.0%15.6%18.7%0.0%19.6%0.4%64.5K-1.3M-5.9K0.00109.48N/AN/A20746480
2014-02-28$35.89$35.0018.3%5.2%15.4%20.4%18.0%6.9%1.6%66.5K-1.5M-5.6K0.00112.43N/AN/A120748480