NNN Options History — April 2019

In April 2019, NNN traded between $50.81 and $54.42. ATM implied volatility averaged 15.1%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded below realized volatility by 2.8% (HV 20d: 17.8%). 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 9 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2019-04-17: Highest Volume — 393 contracts
  • 2019-04-10: Largest IV spike — 67.0% change
  • 2019-04-24: Highest IV Rank — 56.8%
  • 2019-04-24: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.81$50.81$54.42$54.42$52.75
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV15.1%9.8%21.2%14.2%12.0%
Expected Move4.7%3.4%6.1%4.6%3.4%
HV 20d17.8%15.2%22.0%15.4%22.0%
HV 60d16.5%15.2%18.1%15.8%18.1%
IV Rank32.3%11.2%56.8%29.0%19.9%
IV Percentile42.8%1.6%90.9%31.3%11.5%
Term Structure-0.1%-2.9%6.2%1.7%6.2%
VWIV17.4%12.6%22.5%16.8%20.3%
Skew 25d5.0%-3.6%11.3%-3.6%9.6%
Skew 10d5.2%-8.2%14.5%-7.7%4.8%
Call IV 25d14.6%10.3%17.5%17.5%10.3%
Put IV 25d19.6%11.9%23.9%13.8%19.9%
Bid-Ask Spread %96.1186.91108.3898.00108.38
Gamma HHI0.680.470.820.820.71
Net GEX313.0K175.8K461.1K461.1K304.2K
Net DEX-3.4M-4.9M-1.6M-4.9M-3.3M
Net VEX-10.4K-11.8K-9.5K-11.5K-10.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.051.830.050.17
Total Volume106.571113932174
Total OI1,927.9051,7342,1581,9141,855

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$54.42$50.0014.2%4.6%15.4%29.0%0.0%-3.6%1.7%461.1K-4.9M-11.5K0.0598.00N/AN/A2011,585329
2019-04-02$53.94$50.0011.7%4.6%15.9%19.0%16.8%-2.2%2.3%440.5K-4.4M-11.8K0.4496.12N/AN/A25111,599329
2019-04-03$53.43$50.0010.3%4.6%15.9%13.0%18.0%3.3%-0.9%372.8K-3.8M-10.8K1.2496.12N/AN/A17211,610339
2019-04-04$53.25$50.009.8%4.4%16.0%11.2%19.3%3.4%-0.2%331.2K-3.6M-11.0K1.1295.64N/AN/A17191,610349
2019-04-05$53.47$50.009.9%4.1%15.9%11.8%18.6%5.2%1.9%371.7K-3.8M-10.7K1.0998.31N/AN/A11121,610345
2019-04-08$53.67$50.0010.0%4.5%15.5%12.1%15.8%5.1%-0.3%389.8K-3.9M-10.4K0.5786.91N/AN/A741,615348
2019-04-09$53.12$50.0011.4%3.5%15.7%17.7%12.6%4.0%0.6%306.3K-3.6M-10.3K0.5092.62N/AN/A841,610352
2019-04-10$53.66$50.0019.1%5.5%16.0%48.3%18.7%2.9%-1.0%358.4K-4.1M-9.9K0.17105.07N/AN/A2441,611352
2019-04-11$53.53$50.0012.3%3.5%15.9%21.2%12.6%2.6%-0.7%328.7K-3.9M-9.9K0.1994.16N/AN/A2141,626352
2019-04-12$53.48$50.0014.5%4.2%15.8%30.1%14.0%5.2%0.3%396.9K-3.9M-9.7K0.1693.67N/AN/A4981,632352
2019-04-15$53.41$50.0012.1%3.5%15.2%20.5%0.0%3.4%0.1%366.6K-3.9M-9.6K0.1393.16N/AN/A101131,622352
2019-04-16$51.50$50.0020.2%5.8%20.1%52.9%19.4%7.8%-2.9%226.1K-2.4M-9.7K0.2297.03N/AN/A68151,722364
2019-04-17$50.91$50.0019.2%5.5%19.6%48.7%19.6%7.3%-1.6%209.4K-2.2M-9.5K0.0797.12N/AN/A367261,738364
2019-04-18$51.50$50.0019.1%5.5%18.2%48.6%20.0%7.8%-2.2%212.1K-2.6M-10.2K0.0897.63N/AN/A350291,784374
2019-04-22$50.81$50.0020.5%5.9%18.5%53.9%20.5%7.6%-2.8%175.8K-1.6M-9.6K1.5595.38N/AN/A20311,420314
2019-04-23$51.51$50.0020.7%5.9%19.5%54.8%14.1%5.8%-2.8%210.5K-2.1M-9.8K1.4695.46N/AN/A28411,418338
2019-04-24$52.40$50.0021.2%6.1%20.4%56.8%13.1%9.8%-2.9%257.0K-2.7M-10.3K0.4595.39N/AN/A92411,441348
2019-04-25$53.04$50.0014.8%4.2%20.8%31.3%16.1%6.3%0.3%283.1K-3.1M-10.7K0.1489.40N/AN/A284411,444348
2019-04-26$53.30$50.0013.8%3.9%20.4%27.1%18.8%2.9%-0.0%306.2K-3.5M-11.1K0.1596.26N/AN/A271421,497348
2019-04-29$51.97$50.0019.5%5.6%22.0%49.9%22.5%11.3%3.4%264.0K-2.9M-10.5K1.8396.48N/AN/A6111,493347
2019-04-30$52.75$50.0012.0%3.4%22.0%19.9%20.3%9.6%6.2%304.2K-3.3M-10.5K0.17108.38N/AN/A63111,499356