NNN Options History — April 2024

In April 2024, NNN traded between $39.45 and $42.47. ATM implied volatility averaged 27.1%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 6.0% (HV 20d: 21.1%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 3.99.

Notable Days

  • 2024-04-10: Highest Volume — 544 contracts
  • 2024-04-04: Largest IV spike — 88.7% change
  • 2024-04-09: Highest IV Rank — 61.5%
  • 2024-04-15: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.89$39.45$42.47$42.22$40.59
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV27.1%17.9%44.7%35.9%23.3%
Expected Move7.3%5.1%12.2%10.3%6.7%
HV 20d21.1%17.1%23.4%17.5%22.0%
HV 60d18.5%16.6%19.5%16.7%18.7%
IV Rank30.8%14.8%61.5%46.2%24.2%
IV Percentile71.8%31.0%98.0%95.2%69.4%
Term Structure-5.5%-23.7%17.7%-16.6%-2.6%
VWIV25.9%13.2%64.6%22.1%22.6%
Skew 25d15.8%-9.2%38.6%6.7%6.6%
Skew 10d29.9%-10.8%66.0%11.9%6.8%
Call IV 25d18.0%13.2%39.8%18.5%16.6%
Put IV 25d33.7%21.9%55.4%25.2%23.2%
Bid-Ask Spread %94.9265.57116.9465.5782.95
Gamma HHI0.530.380.630.540.55
Net GEX186.7K-472.0K371.6K365.6K219.1K
Net DEX-2.8M-5.1M-493.4K-5.1M-2.7M
Net VEX-28.6K-31.3K-26.3K-31.3K-28.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.990.0940.671.110.81
Total Volume99.22775443878
Total OI5,063.4094,6385,4894,7125,195

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$42.22$40.0035.9%10.3%17.5%46.2%22.1%6.7%-16.6%365.6K-5.1M-31.3K1.1165.57N/AN/A18203,870842
2024-04-02$41.59$40.0036.9%10.6%17.9%47.9%25.2%11.9%-15.2%342.4K-4.4M-30.9K0.4571.34N/AN/A149673,871859
2024-04-03$41.34$40.0020.4%5.8%18.0%19.1%22.6%10.2%17.7%302.1K-3.4M-26.6K3.3197.72N/AN/A16533,768870
2024-04-04$41.38$40.0038.5%8.7%17.9%50.7%17.0%6.2%-16.4%296.2K-3.8M-28.8K0.26108.26N/AN/A2363,769907
2024-04-05$41.52$40.0022.2%8.4%17.2%22.2%22.3%10.1%-14.9%318.0K-4.1M-27.8K1.38116.94N/AN/A26363,785908
2024-04-08$42.00$40.0038.4%9.3%17.1%50.5%13.2%19.7%-13.6%331.3K-4.8M-31.0K7.58105.96N/AN/A12913,804946
2024-04-09$42.47$40.0044.7%5.5%17.3%61.5%0.0%3.3%1.9%371.6K-5.1M-28.5K0.88109.23N/AN/A873,810987
2024-04-10$40.59$40.0022.8%6.5%23.4%23.2%22.9%1.3%-2.7%209.5K-2.6M-26.3K19.15102.12N/AN/A275173,811986
2024-04-11$41.06$40.0022.5%6.5%23.3%22.8%17.8%10.1%-2.8%179.4K-2.7M-30.8K2.3592.61N/AN/A23543,8171,369
2024-04-12$40.86$40.0023.9%6.8%21.9%25.1%13.8%9.4%-1.4%159.1K-2.5M-31.1K40.67106.55N/AN/A31223,8221,405
2024-04-15$39.97$40.0042.6%12.2%22.5%57.8%41.1%-9.2%-23.7%157.9K-1.2M-29.3K3.92103.69N/AN/A24943,8211,504
2024-04-16$39.45$40.0032.0%9.2%22.9%39.2%32.0%13.0%-12.9%138.9K-493.4K-26.7K0.3098.09N/AN/A183543,8191,549
2024-04-17$39.81$40.0022.3%6.4%23.0%22.3%0.0%36.7%-1.5%-41.2K-866.0K-28.9K0.2197.96N/AN/A2963,8821,579
2024-04-18$39.84$40.0017.9%5.1%22.8%14.8%64.6%38.6%2.2%-84.6K-978.3K-28.9K0.15105.62N/AN/A6193,8911,585
2024-04-19$39.91$40.0020.1%5.8%22.0%18.5%20.1%38.2%0.3%-472.0K-845.2K-27.7K2.29102.61N/AN/A21483,9001,589
2024-04-22$40.55$40.0019.1%5.5%23.0%16.8%19.6%32.0%-3.0%191.8K-2.2M-26.9K0.3290.12N/AN/A77253,7211,336
2024-04-23$40.91$40.0023.9%6.8%23.2%25.2%50.0%19.4%-3.8%233.3K-2.7M-28.0K0.4077.86N/AN/A523,7891,353
2024-04-24$41.13$40.0020.1%5.7%23.3%18.5%19.2%13.1%-1.4%219.2K-2.9M-27.8K0.6390.86N/AN/A853,7941,355
2024-04-25$40.95$40.0025.7%7.4%23.1%28.4%25.8%31.4%-6.5%237.0K-2.9M-28.8K0.0987.29N/AN/A4343,8191,356
2024-04-26$40.81$40.0021.0%6.0%22.8%20.2%20.5%31.9%-0.2%213.8K-2.5M-27.5K0.7190.08N/AN/A35253,8141,359
2024-04-29$40.61$40.0022.6%6.5%22.5%22.9%22.6%6.4%-3.0%218.1K-2.5M-27.7K0.7784.86N/AN/A39303,7951,384
2024-04-30$40.59$40.0023.3%6.7%22.0%24.2%0.0%6.6%-2.6%219.1K-2.7M-28.9K0.8182.95N/AN/A43353,8211,374