NLR Options Statistics & Positioning

NLR options trade at a 30-day at-the-money implied volatility of 27.9%, an IV rank of 20 out of 100 over the past year. The options market prices a ±$4.43 (±3.9%) move in NLR for the front expiration. Max pain sits at $126 and the put/call open interest ratio is 1.53. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$114.55

52-week range

$108.13 – $164.54

ATM IV (30d)

27.9%

IV rank

20 / 100

Low

Expected move

±$4.43 (±3.9%)

Put/call OI

1.53

Put-heavy

Max pain

$126

↑ 10.0% above close

Most Active NLR Contracts

Contract	Expiration	DTE	Last	IV	Volume
NLR $122 put	Jul 17, 2026	7d	$9.00	67.4%	11
NLR $119 put	Aug 21, 2026	42d	$9.10	44.6%	11
NLR $115 call	Aug 21, 2026	42d	$6.17	35.9%	8
NLR $160 call	Sep 18, 2026	70d	$0.75	46.3%	7
NLR $130 call	Aug 21, 2026	42d	$1.50	40.5%	5

See all active NLR contracts →

Explore NLR Options Statistics

NLR Implied Volatility

27.9% ATM IV (30d)

An IV rank of 20 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

NLR Open Interest

1.53 put/call OI ratio

2,300 calls and 3,516 puts outstanding across all expirations.

Full open interest analysis →

NLR Max Pain

$126 max pain

10.0% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

NLR Gamma Exposure

-$61.56M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

NLR Options Volume

75 contracts traded

Put/call volume ratio 0.56 — plus contracts running far above their usual volume.

Full volume & flow analysis →

NLR Most Active Options

$119 top volume strike

The 25 most actively traded NLR contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on NLR for free

Build multi-leg NLR strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open NLR in the platform Scan options

NLR Options FAQ

How often is NLR options data on this page updated?

All NLR statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see NLR max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated NLR pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.