NNN Options History — March 2026

In March 2026, NNN traded between $41.81 and $45.84. ATM implied volatility averaged 122.0%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 104.1% (HV 20d: 17.9%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2026-03-23: Highest Volume — 595 contracts
  • 2026-03-16: Largest IV spike — 2730.6% change
  • 2026-03-16: Highest IV Rank — 100.0%
  • 2026-03-26: Largest Expected Move — 60.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.04$41.81$45.84$45.84$42.13
Max Pain$43.41$40.00$45.00$40.00$40.00
ATM IV122.0%15.0%484.9%18.6%200.1%
Expected Move12.7%3.1%60.0%5.3%57.4%
HV 20d17.9%14.3%20.4%17.5%17.5%
HV 60d15.5%14.4%16.9%15.0%16.9%
IV Rank54.6%4.7%100.0%25.6%95.5%
IV Percentile66.2%17.9%100.0%43.3%99.2%
Term Structure-4.2%-119.8%13.5%-0.2%-119.8%
VWIV18.5%11.1%23.8%18.6%23.0%
Skew 25d5.9%-1.4%12.4%4.8%10.3%
Skew 10d9.6%3.4%19.0%6.9%16.8%
Call IV 25d14.2%10.9%20.5%14.1%13.0%
Put IV 25d20.1%15.7%24.3%18.9%23.3%
Bid-Ask Spread %55.9125.85110.3972.8629.90
Gamma HHI0.760.520.910.850.53
Net GEX770.4K199.1K1.5M875.8K219.9K
Net DEX-10.2M-16.3M-2.8M-16.3M-3.1M
Net VEX-38.5K-42.8K-34.0K-40.1K-34.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.001.450.550.01
Total Volume178.90919595113340
Total OI7,582.0455,6278,5508,1936,278

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$45.84$40.0018.6%5.3%17.5%25.6%18.6%4.8%-0.2%875.8K-16.3M-40.1K0.5572.86N/AN/A73405,5342,659
2026-03-03$45.61$40.0019.1%5.5%17.8%27.0%19.2%9.4%-1.4%881.9K-15.7M-41.5K1.0076.30N/AN/A34345,5802,674
2026-03-04$45.01$40.0018.5%5.3%18.9%25.4%18.5%2.5%0.1%917.1K-13.9M-41.4K0.5175.88N/AN/A47245,5372,701
2026-03-05$44.94$45.0017.4%5.6%18.7%22.3%19.7%7.3%-1.6%948.0K-13.8M-42.1K0.08101.20N/AN/A169135,5382,709
2026-03-06$45.09$45.0017.3%5.6%18.5%22.2%0.0%4.2%-0.9%956.1K-13.9M-41.7K1.28104.45N/AN/A47605,5432,700
2026-03-09$45.45$45.0017.9%4.6%18.6%23.8%16.2%4.9%1.9%1.0M-15.1M-40.0K0.35110.39N/AN/A83295,5442,759
2026-03-10$45.41$45.0019.4%4.8%18.6%27.7%16.7%4.4%1.8%978.4K-14.9M-41.2K0.13106.62N/AN/A188255,5582,767
2026-03-11$45.11$45.0016.2%4.6%18.6%19.2%16.2%5.3%1.6%1.2M-14.3M-41.0K0.36106.25N/AN/A2595,6122,786
2026-03-12$44.74$45.0015.0%6.2%18.2%16.0%0.0%3.4%2.7%1.2M-13.4M-42.3K0.6446.01N/AN/A84545,6272,794
2026-03-13$45.03$45.0015.5%5.2%16.2%17.2%17.6%2.7%0.3%1.2M-14.1M-42.8K0.0033.56N/AN/A47025,7042,846
2026-03-16$45.26$45.00437.9%5.0%15.7%100.0%17.5%7.5%0.8%1.3M-14.8M-38.0K0.0227.36N/AN/A15135,4432,846
2026-03-17$45.13$45.00423.4%4.6%15.7%100.0%15.9%4.0%1.6%1.5M-14.3M-36.8K0.4533.46N/AN/A64295,4062,845
2026-03-18$44.49$45.00100.7%6.2%14.3%100.0%21.5%-1.4%-2.7%1.2M-11.1M-37.2K0.1043.31N/AN/A148155,4152,856
2026-03-19$44.27$45.00484.9%3.1%14.4%100.0%11.1%9.8%8.4%896.0K-9.7M-36.0K1.0049.73N/AN/A47475,4082,859
2026-03-20$42.45$45.0021.8%6.1%20.4%34.0%18.4%3.6%13.5%229.1K-6.4M-35.8K0.5129.70N/AN/A117605,4192,838
2026-03-23$42.55$45.00177.3%5.1%19.9%100.0%18.0%5.6%1.0%229.7K-3.4M-34.0K0.0838.17N/AN/A550453,5222,105
2026-03-24$42.41$45.0025.0%7.8%19.9%42.5%20.5%2.6%-3.3%253.5K-3.6M-37.2K0.2328.70N/AN/A157363,8012,127
2026-03-25$42.05$45.00204.0%6.2%20.0%100.0%21.6%7.2%2.9%242.8K-3.4M-38.5K0.3832.17N/AN/A95363,9182,152
2026-03-26$42.16$40.00209.2%60.0%18.2%100.0%23.8%12.2%-3.0%242.3K-3.2M-34.3K0.2529.88N/AN/A159393,9492,165
2026-03-27$41.99$40.00205.3%58.9%18.2%98.1%17.7%12.4%9.1%248.5K-3.4M-36.3K0.1928.29N/AN/A1633,9352,197
2026-03-30$41.81$40.0018.4%5.3%16.9%4.7%23.0%7.7%-5.3%199.1K-2.8M-34.7K1.4525.85N/AN/A1101593,9412,208
2026-03-31$42.13$40.00200.1%57.4%17.5%95.5%0.0%10.3%-119.8%219.9K-3.1M-34.5K0.0129.90N/AN/A33733,9202,358