NNN Options History — March 2019

In March 2019, NNN traded between $51.74 and $55.78. ATM implied volatility averaged 15.4%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 1.3% (HV 20d: 14.0%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2019-03-21: Highest Volume — 479 contracts
  • 2019-03-05: Largest IV spike — 134.9% change
  • 2019-03-05: Highest IV Rank — 93.2%
  • 2019-03-05: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.31$51.74$55.78$51.83$55.48
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV15.4%10.2%30.3%18.7%13.0%
Expected Move4.6%3.2%8.7%5.4%4.5%
HV 20d14.0%12.1%16.8%16.8%13.2%
HV 60d22.4%15.5%25.7%25.7%15.5%
IV Rank33.5%12.9%93.2%46.7%24.2%
IV Percentile37.3%3.2%99.2%80.2%16.7%
Term Structure0.9%-3.5%2.8%0.0%2.8%
VWIV16.2%12.9%19.0%12.9%15.8%
Skew 25d0.9%-4.6%8.5%1.4%-3.0%
Skew 10d-0.4%-9.1%11.8%4.6%-3.9%
Call IV 25d15.3%8.9%37.2%14.7%16.7%
Put IV 25d16.2%9.9%40.3%16.1%13.6%
Bid-Ask Spread %82.8043.28108.7255.5996.73
Gamma HHI0.620.460.840.530.84
Net GEX285.3K160.2K473.7K368.1K473.7K
Net DEX-4.9M-6.3M-2.5M-4.5M-6.3M
Net VEX-10.7K-12.2K-9.3K-11.7K-11.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.001.380.040.01
Total Volume127.5713479285321
Total OI2,083.811,3132,4832,4271,962

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$51.83$50.0018.7%5.4%16.8%46.7%12.9%1.4%0.0%368.1K-4.5M-11.7K0.0455.59N/AN/A274111,882545
2019-03-04$52.14$50.0012.9%3.7%16.7%23.6%13.2%8.5%-0.2%212.0K-5.2M-10.4K0.0865.66N/AN/A1311,911543
2019-03-05$52.23$50.0030.3%8.7%15.2%93.2%16.4%3.5%0.9%397.2K-5.1M-12.1K0.0864.97N/AN/A1311,922544
2019-03-06$51.74$50.0013.2%3.8%15.3%24.7%15.3%2.5%0.0%232.0K-4.9M-10.4K1.2544.03N/AN/A451,922544
2019-03-07$51.91$50.0014.8%4.3%15.1%31.4%19.0%3.8%1.0%226.9K-5.0M-10.5K1.3377.04N/AN/A681,921544
2019-03-08$52.18$50.0014.4%4.1%15.2%29.6%15.0%2.7%1.1%163.0K-5.2M-10.0K1.2943.28N/AN/A791,921544
2019-03-11$52.77$50.0019.0%4.2%15.8%48.2%16.0%3.5%1.9%216.8K-5.4M-10.1K1.1783.34N/AN/A671,922543
2019-03-12$53.25$50.0012.7%4.3%16.0%23.0%0.0%2.8%1.6%258.6K-5.6M-10.3K0.7580.07N/AN/A431,927542
2019-03-13$53.00$50.0011.1%4.4%12.6%16.4%18.4%-3.3%2.1%208.9K-5.5M-10.2K0.6373.11N/AN/A851,941542
2019-03-14$53.32$50.0013.4%4.3%12.5%25.4%18.1%3.1%1.5%279.9K-5.8M-9.3K0.1282.70N/AN/A105131,939543
2019-03-15$53.09$50.0010.2%3.2%12.1%12.9%17.5%3.8%1.8%160.2K-5.7M-9.5K0.0486.70N/AN/A417171,937538
2019-03-18$52.50$0.0018.0%5.2%12.8%43.9%19.0%3.9%0.1%176.0K-2.5M-10.3K1.2298.63N/AN/A27331,039274
2019-03-19$52.27$50.0016.0%4.3%12.9%36.2%17.4%0.3%-3.5%165.7K-2.5M-10.2K1.1492.89N/AN/A29331,065307
2019-03-20$53.07$50.0021.4%5.0%12.6%57.6%17.8%-3.4%-1.2%186.4K-2.7M-10.5K1.38108.72N/AN/A24331,068307
2019-03-21$54.23$50.0012.8%4.2%13.3%23.2%14.7%-1.7%1.9%254.8K-3.6M-9.7K0.0794.95N/AN/A446331,084307
2019-03-22$54.34$50.0014.0%4.2%13.3%27.8%14.6%-2.5%0.6%389.5K-4.9M-12.2K0.1591.91N/AN/A357531,511307
2019-03-25$54.40$50.0013.3%4.2%13.2%25.2%14.8%-3.3%1.4%416.5K-5.0M-12.0K0.0098.62N/AN/A301,522327
2019-03-26$54.84$50.0016.7%5.0%13.2%38.8%17.5%3.1%0.3%374.1K-5.2M-11.6K0.0098.23N/AN/A6801,525327
2019-03-27$55.23$50.0013.0%4.3%13.3%24.1%15.0%-4.6%2.0%435.6K-5.7M-11.2K0.00100.82N/AN/A2901,525327
2019-03-28$55.78$50.0013.8%4.7%13.4%27.3%16.5%-2.3%2.8%395.9K-6.3M-10.5K0.00100.76N/AN/A25301,532327
2019-03-29$55.48$50.0013.0%4.5%13.2%24.2%15.8%-3.0%2.8%473.7K-6.3M-11.7K0.0196.73N/AN/A31921,635327