NNN Options History — June 2025

In June 2025, NNN traded between $41.47 and $43.38. ATM implied volatility averaged 19.9%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 7.2% (HV 20d: 12.7%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 1.08.

Notable Days

  • 2025-06-23: Highest Volume — 399 contracts
  • 2025-06-16: Largest IV spike — 74.3% change
  • 2025-06-30: Highest IV Rank — 24.1%
  • 2025-06-30: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.40$41.47$43.38$41.85$43.08
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV19.9%12.2%27.3%23.9%27.3%
Expected Move5.7%3.5%7.8%6.9%7.8%
HV 20d12.7%10.3%15.3%15.3%11.7%
HV 60d23.3%23.1%23.6%23.5%23.4%
IV Rank12.6%0.8%24.1%18.9%24.1%
IV Percentile47.5%0.4%86.5%75.8%86.5%
Term Structure2.9%-7.0%19.4%-4.5%1.0%
VWIV19.9%10.9%35.9%23.8%35.9%
Skew 25d6.7%-1.5%15.6%2.8%9.8%
Skew 10d3.1%-4.3%10.5%3.6%1.8%
Call IV 25d13.8%8.8%24.6%22.5%18.0%
Put IV 25d20.6%11.8%27.8%25.3%27.8%
Bid-Ask Spread %90.4556.91111.3073.7797.81
Gamma HHI0.690.480.880.630.82
Net GEX175.1K68.4K262.0K147.4K230.0K
Net DEX-3.4M-4.2M-2.1M-2.8M-3.9M
Net VEX-19.1K-22.2K-17.5K-19.3K-20.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.115.140.601.54
Total Volume125.5939940104
Total OI7,495.33,2999,3958,8353,838

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$41.85$40.0023.9%6.9%15.3%18.9%23.8%2.8%-4.5%147.4K-2.8M-19.3K0.6073.77N/AN/A25152,6166,219
2025-06-03$41.63$40.0021.6%6.2%14.5%15.3%21.9%-1.5%-1.1%106.9K-2.5M-18.9K1.3581.94N/AN/A20272,6166,222
2025-06-04$41.52$40.0021.8%6.2%14.3%15.6%22.5%-1.0%-1.1%98.1K-2.4M-18.2K0.4572.62N/AN/A53242,6216,238
2025-06-05$41.47$40.0020.5%5.8%14.3%13.5%20.3%8.2%0.6%68.4K-2.2M-17.5K0.73102.99N/AN/A114832,6266,237
2025-06-06$41.59$40.0021.2%5.8%14.0%14.7%18.4%9.1%0.2%77.5K-2.1M-18.4K1.1397.45N/AN/A15172,6416,315
2025-06-09$42.22$40.0019.8%5.9%14.8%12.5%20.6%3.9%0.9%151.9K-3.2M-17.9K0.4689.74N/AN/A211982,6526,315
2025-06-10$42.42$40.0023.5%5.8%14.5%18.2%20.3%4.0%1.2%200.6K-3.7M-18.6K0.1188.23N/AN/A114132,7776,363
2025-06-11$42.48$40.0022.5%6.4%13.4%16.6%20.7%13.2%-0.7%219.3K-3.3M-19.6K0.62106.06N/AN/A2241392,7996,362
2025-06-12$42.48$40.0022.2%6.4%13.0%16.2%18.1%6.0%-1.2%205.7K-3.8M-21.0K5.14102.26N/AN/A14722,8616,484
2025-06-13$42.33$40.0012.2%3.5%11.4%0.8%11.3%1.9%6.6%192.3K-3.7M-19.4K0.29111.30N/AN/A722,8706,495
2025-06-16$42.04$40.0021.3%6.1%10.8%14.9%20.1%9.3%0.0%132.1K-3.1M-18.8K1.3490.30N/AN/A50672,8716,496
2025-06-17$42.46$40.0012.5%3.6%11.4%1.2%19.8%6.7%9.6%192.4K-3.8M-18.5K0.4896.73N/AN/A65312,8986,444
2025-06-18$42.77$40.0014.9%4.3%11.3%4.9%20.4%5.6%19.4%262.0K-4.2M-17.8K0.8193.34N/AN/A26212,9346,453
2025-06-20$42.55$40.0019.3%5.5%10.3%11.8%20.1%13.0%2.3%159.2K-3.9M-17.5K0.48101.61N/AN/A151732,9456,450
2025-06-23$43.38$40.0014.6%4.2%11.8%4.4%10.9%2.5%5.1%186.2K-4.0M-17.8K0.2056.91N/AN/A332672,0061,293
2025-06-24$43.06$40.0020.1%5.8%12.3%12.9%15.4%15.0%8.2%222.9K-3.9M-20.5K0.9596.68N/AN/A20192,3311,343
2025-06-25$42.84$40.0014.1%4.0%12.0%3.6%0.0%3.5%9.3%221.4K-3.7M-19.5K2.1479.07N/AN/A21452,3501,360
2025-06-26$42.96$40.0022.1%6.3%11.5%16.0%22.3%15.6%8.2%207.0K-3.8M-22.2K0.48105.13N/AN/A52252,3601,405
2025-06-27$42.77$40.0022.5%6.5%11.7%16.7%15.6%7.2%-7.0%219.7K-3.6M-20.3K2.3865.02N/AN/A16382,3831,417
2025-06-30$43.08$40.0027.3%7.8%11.7%24.1%35.9%9.8%1.0%230.0K-3.9M-20.3K1.5497.81N/AN/A41632,3881,450