NNN Options History — February 2022

In February 2022, NNN traded between $41.70 and $44.16. ATM implied volatility averaged 24.8%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 3.8% (HV 20d: 21.0%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.03.

Notable Days

  • 2022-02-18: Highest Volume — 719 contracts
  • 2022-02-08: Largest IV spike — 40.3% change
  • 2022-02-08: Highest IV Rank — 32.9%
  • 2022-02-23: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.95$41.70$44.16$44.06$42.55
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV24.8%18.3%34.5%25.1%21.4%
Expected Move6.7%5.2%8.8%7.2%6.1%
HV 20d21.0%19.2%23.1%21.6%23.1%
HV 60d23.6%22.8%24.3%23.1%24.1%
IV Rank18.8%9.2%32.9%19.2%13.7%
IV Percentile63.7%12.7%98.8%73.8%44.4%
Term Structure-0.4%-9.5%7.5%-8.8%-0.9%
VWIV24.8%19.9%32.6%23.7%24.5%
Skew 25d5.9%3.5%8.0%4.1%6.3%
Skew 10d11.8%2.8%45.3%11.4%7.9%
Call IV 25d22.4%19.5%26.0%25.0%23.0%
Put IV 25d28.3%25.8%30.5%29.1%29.3%
Bid-Ask Spread %85.6764.7695.8578.3186.25
Gamma HHI0.460.340.630.370.42
Net GEX-132.7K-211.9K-30.8K-130.6K-47.4K
Net DEX1.9M233.4K3.8M1.3M937.8K
Net VEX-27.2K-31.6K-23.3K-30.0K-26.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.481.741.741.01
Total Volume355.737177719241177
Total OI7,253.6326,8007,9696,8007,435

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$44.06$45.0025.1%7.2%21.6%19.2%23.7%4.1%-8.8%-130.6K1.3M-30.0K1.7478.31N/AN/A881533,3103,490
2022-02-02$44.16$45.0025.8%7.4%20.8%20.3%28.3%6.4%-4.9%-109.8K776.1K-29.0K1.2173.78N/AN/A901093,3593,485
2022-02-03$43.61$45.0030.2%7.2%20.4%26.6%25.8%4.2%0.8%-137.6K1.7M-30.5K0.9685.41N/AN/A95913,3723,506
2022-02-04$43.18$45.0030.2%7.7%19.2%26.6%32.6%3.5%0.6%-147.1K2.4M-31.6K1.0386.43N/AN/A1121153,3963,512
2022-02-07$42.70$45.0024.6%5.9%19.3%18.4%24.6%6.9%-0.3%-154.3K2.4M-27.4K1.3092.87N/AN/A1041353,4763,540
2022-02-08$42.88$45.0034.5%5.9%19.4%32.9%27.5%7.2%7.5%-170.6K2.6M-28.9K1.5091.26N/AN/A1041563,5153,557
2022-02-09$43.37$45.0021.3%6.1%20.2%13.6%25.3%5.2%-2.2%-155.1K2.1M-27.6K0.7790.26N/AN/A1851433,5383,588
2022-02-10$42.14$45.0025.5%7.3%22.0%19.8%22.5%8.0%1.9%-211.9K3.8M-25.9K0.7487.59N/AN/A2511873,6343,575
2022-02-11$42.61$45.0023.9%6.8%22.3%17.4%26.6%5.5%0.6%-194.7K3.2M-26.9K1.4690.72N/AN/A1692463,7573,668
2022-02-14$42.44$45.0026.0%7.5%22.3%20.6%24.5%4.9%6.0%-202.0K3.3M-27.0K1.0395.85N/AN/A1871933,7803,708
2022-02-15$42.74$45.0019.4%5.6%22.1%10.9%21.0%6.4%4.7%-164.2K2.7M-25.9K0.9081.55N/AN/A2201973,8003,738
2022-02-16$43.26$45.0019.8%5.7%22.5%11.5%21.3%5.9%2.3%-159.7K1.5M-23.5K0.7982.22N/AN/A2071643,8733,727
2022-02-17$43.46$45.0019.7%5.6%19.2%11.3%19.9%7.0%4.7%-119.0K847.1K-23.3K0.4884.92N/AN/A3781823,9903,717
2022-02-18$43.29$45.0021.3%6.1%19.2%13.6%21.6%5.0%-9.5%-32.3K1.6M-26.7K0.7087.78N/AN/A4242954,2253,744
2022-02-22$42.48$45.0024.8%7.1%20.2%18.7%22.6%5.4%3.6%-94.6K1.3M-26.2K0.5186.12N/AN/A3311703,9423,127
2022-02-23$41.70$45.0030.7%8.8%20.9%27.4%28.6%4.7%-5.1%-132.1K2.5M-26.8K1.7290.46N/AN/A1492574,0403,155
2022-02-24$42.19$45.0028.8%8.2%21.2%24.5%27.1%7.3%-3.3%-127.7K1.8M-26.0K1.2391.19N/AN/A1111374,0543,190
2022-02-25$43.14$45.0018.3%5.2%22.6%9.2%22.6%7.5%-5.5%-30.8K233.4K-26.8K0.5064.76N/AN/A2981494,0713,225
2022-02-28$42.55$45.0021.4%6.1%23.1%13.7%24.5%6.3%-0.9%-47.4K937.8K-26.8K1.0186.25N/AN/A88894,2373,198