NKE Options History — June 2009

In June 2009, NKE traded between $12.71 and $14.81. ATM implied volatility averaged 37.6%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 3.2% (HV 20d: 34.3%). Max pain ranged from $12.50 to $13.75. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.48.

Notable Days

  • 2009-06-25: Highest Volume — 133,672 contracts
  • 2009-06-25: Largest IV drop — 11.8% change
  • 2009-06-22: Highest IV Rank — 30.6%
  • 2009-06-22: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.91$12.71$14.81$14.81$12.95
Max Pain$12.67$12.50$13.75$12.50$12.50
ATM IV37.6%31.1%45.7%34.2%31.1%
Expected Move11.0%8.9%13.1%9.8%8.9%
HV 20d34.3%26.6%42.4%42.4%26.6%
HV 60d42.0%38.2%46.5%46.1%38.2%
IV Rank18.5%6.9%30.6%19.0%6.9%
IV Percentile32.9%10.7%57.5%24.6%10.7%
Term Structure-0.8%-6.1%5.5%4.8%0.5%
VWIV40.0%30.3%48.4%36.0%30.3%
Skew 25d7.5%5.1%10.2%5.6%7.2%
Skew 10d14.5%10.1%17.7%11.3%17.4%
Call IV 25d35.4%25.5%41.4%32.7%25.5%
Put IV 25d42.9%32.7%51.1%38.3%32.7%
Bid-Ask Spread %7.874.3714.239.707.08
Gamma HHI0.260.200.400.240.34
Net GEX1.2M-2.8M3.2M3.1M-1.3M
Net DEX-67.5M-174.4M67.0M-174.4M13.8M
Net VEX-1.3M-1.4M-1.2M-1.3M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.480.303.441.640.96
Total Volume39,221.2738,232133,67236,45622,424
Total OI659,531.818603,368807,108605,000805,472

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-06-01$14.81$12.5034.2%9.8%42.4%19.0%36.0%5.6%4.8%3.1M-174.4M-1.3M1.649.7013,80022,656296,400308,600
2009-06-02$14.46$13.7534.3%9.8%41.2%16.0%35.3%5.1%4.7%2.7M-141.0M-1.3M1.4011.586,2328,728299,224316,116
2009-06-03$14.54$13.7533.9%9.7%41.1%15.4%38.5%5.3%5.0%2.6M-143.4M-1.3M0.3014.2333,43210,096300,248318,564
2009-06-04$14.38$13.7533.9%9.7%41.3%15.5%36.0%5.6%5.5%2.5M-109.8M-1.3M1.615.9910,06416,252284,232319,136
2009-06-05$14.57$12.5032.8%11.1%39.7%12.7%41.9%7.7%-0.3%2.8M-128.6M-1.4M1.109.848,8929,784288,596323,404
2009-06-08$14.50$12.5034.9%11.3%39.1%14.5%45.4%6.7%-0.9%2.9M-125.1M-1.3M1.709.984,2767,268289,504323,080
2009-06-09$14.66$12.5033.4%11.1%37.9%10.8%41.5%7.1%-0.9%3.2M-137.7M-1.3M3.375.565,90419,884291,304321,560
2009-06-10$14.26$12.5037.1%11.9%35.9%16.8%41.2%7.6%-1.8%2.6M-95.8M-1.3M0.999.1512,47612,356292,340331,056
2009-06-11$14.15$12.5041.2%11.8%33.9%23.3%39.6%7.4%-2.1%2.4M-90.4M-1.3M0.968.584,2844,096294,640333,232
2009-06-12$14.15$12.5040.9%11.7%33.0%22.8%41.3%7.5%-1.4%2.4M-88.4M-1.3M1.398.446,1448,548296,000332,776
2009-06-15$13.98$12.5042.0%12.1%31.8%24.7%41.5%7.4%-2.5%2.0M-73.2M-1.3M0.848.904,4763,756295,024336,088
2009-06-16$13.83$12.5042.5%12.2%31.2%25.4%43.0%7.7%-2.5%1.7M-62.2M-1.3M2.759.602,7247,500296,316337,056
2009-06-17$13.66$12.5042.3%12.1%31.3%25.1%46.3%8.0%-3.2%1.3M-43.6M-1.3M3.445.7017,44460,000296,956336,648
2009-06-18$14.07$12.5043.2%12.4%30.9%26.6%45.2%9.2%-3.6%1.6M-87.7M-1.3M2.035.5418,99238,520308,728373,252
2009-06-19$14.18$12.5043.7%12.5%30.7%27.4%43.4%10.2%-4.7%1.4M-95.6M-1.4M0.895.4911,0409,828313,212397,632
2009-06-22$13.81$12.5045.7%13.1%32.0%30.6%48.4%9.7%-6.1%938.1K-53.0M-1.3M1.717.8815,76827,024289,376350,368
2009-06-23$13.38$12.5042.6%12.2%32.1%25.6%46.4%9.3%-4.5%-86.9K-7.7M-1.3M1.484.4327,21240,228298,720366,092
2009-06-24$13.26$12.5038.7%11.1%32.2%19.3%42.0%9.3%-3.1%-970.9K12.3M-1.3M1.279.0130,87239,260316,912394,500
2009-06-25$12.82$12.5034.1%9.8%33.6%11.9%33.1%7.1%-0.2%-2.4M61.1M-1.2M1.064.3764,78468,888320,540381,744
2009-06-26$12.71$12.5031.5%9.0%30.5%7.6%31.3%6.1%0.6%-2.8M67.0M-1.2M0.826.4256,69646,252337,852390,092
2009-06-29$12.94$12.5032.4%9.3%27.3%9.0%31.5%7.3%-0.4%-1.2M18.7M-1.3M0.765.5613,61210,396381,956425,152
2009-06-30$12.95$12.5031.1%8.9%26.6%6.9%30.3%7.2%0.5%-1.3M13.8M-1.3M0.967.0811,44810,976382,200423,272