NNN Options History — May 2024

In May 2024, NNN traded between $40.34 and $42.89. ATM implied volatility averaged 26.8%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 10.4% (HV 20d: 16.4%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.53.

Notable Days

  • 2024-05-02: Highest Volume — 826 contracts
  • 2024-05-06: Largest IV spike — 131.0% change
  • 2024-05-14: Highest IV Rank — 97.5%
  • 2024-05-02: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.84$40.34$42.89$40.78$41.78
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV26.8%10.7%65.3%22.6%15.6%
Expected Move5.0%3.1%7.6%6.5%4.5%
HV 20d16.4%11.4%22.8%22.0%18.4%
HV 60d18.4%18.0%19.5%18.0%19.5%
IV Rank30.2%2.1%97.5%22.9%10.7%
IV Percentile49.6%0.4%99.6%65.9%15.9%
Term Structure3.4%-11.4%23.1%-3.6%18.6%
VWIV16.0%8.0%22.9%22.9%13.4%
Skew 25d6.1%-0.1%12.4%6.9%12.4%
Skew 10d7.4%-3.1%12.2%10.6%11.6%
Call IV 25d13.0%7.4%17.1%16.6%10.2%
Put IV 25d19.1%13.5%25.2%23.5%22.6%
Bid-Ask Spread %90.5962.50116.2191.7692.52
Gamma HHI0.580.430.690.570.52
Net GEX494.6K241.9K672.7K241.9K462.5K
Net DEX-6.9M-9.8M-3.4M-3.4M-6.8M
Net VEX-38.5K-42.7K-30.3K-30.3K-38.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.012.580.010.36
Total Volume179.7731582665576
Total OI6,392.2275,2566,6785,2566,611

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$40.78$40.0022.6%6.5%22.0%22.9%22.9%6.9%-3.6%241.9K-3.4M-30.3K0.0191.76N/AN/A64873,8501,406
2024-05-02$41.45$40.0026.4%7.6%22.8%29.5%22.5%8.2%-11.4%309.6K-4.8M-33.8K0.0184.88N/AN/A82064,1561,407
2024-05-03$41.61$40.0019.6%5.6%22.8%17.7%19.7%10.4%-0.1%355.2K-5.6M-37.7K0.1596.55N/AN/A6711044,4621,409
2024-05-06$42.00$40.0045.4%5.6%22.7%62.6%19.1%4.4%-1.1%455.4K-6.8M-41.5K0.3485.43N/AN/A123424,8921,311
2024-05-07$42.41$40.0035.1%5.4%22.6%44.7%17.2%2.1%1.0%513.4K-8.0M-42.7K0.1683.33N/AN/A157255,0231,291
2024-05-08$41.84$40.0048.6%5.2%16.0%68.2%18.0%3.2%1.4%494.7K-6.9M-41.3K1.5072.33N/AN/A22335,1751,294
2024-05-09$42.16$40.0048.6%4.9%15.8%68.4%16.4%4.9%1.3%529.6K-7.4M-41.5K2.5862.50N/AN/A12315,1911,291
2024-05-10$42.24$40.0054.1%4.9%15.6%77.9%16.9%1.0%-7.2%554.1K-7.6M-40.2K0.2766.69N/AN/A1545,1991,294
2024-05-13$42.63$40.0033.1%3.9%13.0%41.2%14.3%3.8%-1.7%672.7K-9.8M-38.2K0.3389.11N/AN/A30105,2141,290
2024-05-14$42.64$40.0065.3%6.6%11.6%97.5%16.5%6.6%-1.5%636.9K-9.4M-41.4K0.3092.27N/AN/A2065,2501,288
2024-05-15$42.89$40.0023.8%6.8%11.4%25.1%13.8%7.8%2.2%616.0K-9.2M-41.4K0.0592.18N/AN/A11965,2631,288
2024-05-16$42.38$40.0013.6%3.9%12.7%7.2%11.3%-0.1%-0.8%576.6K-8.0M-39.9K0.23116.21N/AN/A53125,3761,287
2024-05-17$42.59$40.0010.7%3.1%12.7%2.1%8.8%8.9%3.6%628.7K-9.1M-41.0K0.3999.90N/AN/A1875,3911,287
2024-05-20$42.00$40.0017.7%5.1%13.2%14.4%16.0%7.3%-8.4%536.5K-7.0M-38.4K0.0499.33N/AN/A266115,2951,143
2024-05-21$42.41$40.0013.7%3.9%13.2%7.4%8.0%11.9%1.1%599.3K-8.1M-40.3K0.31100.44N/AN/A2685,4361,149
2024-05-22$42.02$40.0015.1%4.3%13.7%9.8%18.2%12.1%-2.1%563.9K-7.4M-40.8K1.0996.71N/AN/A11125,4691,156
2024-05-23$41.20$40.0015.8%4.5%15.5%11.1%15.8%5.7%17.0%474.6K-5.8M-38.2K0.67109.71N/AN/A57385,4751,167
2024-05-24$41.36$40.0016.8%4.8%15.5%12.7%16.8%7.4%14.0%465.4K-5.9M-36.3K0.4498.83N/AN/A32145,2861,199
2024-05-28$40.95$40.0015.9%4.6%15.8%11.2%15.9%2.8%18.3%423.1K-5.1M-35.4K0.1899.01N/AN/A250455,2951,212
2024-05-29$40.34$40.0014.3%4.1%16.7%8.4%14.3%2.1%23.1%381.8K-4.1M-34.2K2.1087.96N/AN/A30635,2951,250
2024-05-30$40.75$40.0017.2%4.9%17.1%13.5%17.3%4.5%11.9%388.8K-4.6M-34.8K0.1575.33N/AN/A1325,2961,310
2024-05-31$41.78$40.0015.6%4.5%18.4%10.7%13.4%12.4%18.6%462.5K-6.8M-38.3K0.3692.52N/AN/A56205,2991,312