NKE Options History — April 2013

In April 2013, NKE traded between $29.13 and $31.80. ATM implied volatility averaged 19.4%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 14.3% (HV 20d: 33.7%). Max pain ranged from $26.25 to $28.75. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2013-04-10: Highest Volume — 23,238 contracts
  • 2013-04-04: Largest IV drop — 22.2% change
  • 2013-04-03: Highest IV Rank — 37.8%
  • 2013-04-15: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.30$29.13$31.80$29.13$31.80
Max Pain$28.01$26.25$28.75$26.25$28.75
ATM IV19.4%17.0%22.8%21.5%22.7%
Expected Move5.2%4.7%5.7%5.3%5.2%
HV 20d33.7%14.8%42.6%42.4%15.2%
HV 60d26.8%26.2%27.4%26.7%26.3%
IV Rank23.5%13.9%37.8%32.3%37.4%
IV Percentile36.3%12.3%65.1%57.1%63.9%
Term Structure1.6%0.0%3.2%0.0%0.1%
VWIV19.1%18.0%20.7%19.6%18.5%
Skew 25d2.8%1.7%3.5%3.0%2.7%
Skew 10d7.0%5.3%8.2%6.4%6.9%
Call IV 25d17.6%16.5%19.2%17.6%16.9%
Put IV 25d20.4%18.8%22.7%20.6%19.6%
Bid-Ask Spread %7.525.0210.207.465.02
Gamma HHI0.220.160.360.200.20
Net GEX7.4M4.9M9.5M8.3M6.2M
Net DEX-287.7M-384.0M-184.8M-256.2M-243.6M
Net VEX-1.1M-1.2M-988.6K-1.2M-988.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.201.590.750.63
Total Volume11,014.3644,95223,2389,30012,690
Total OI324,696.091222,592373,570358,430237,398

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-04-01$29.13$26.2521.5%5.3%42.4%32.3%19.6%3.0%0.0%8.3M-256.2M-1.2M0.757.465,3083,992176,882181,548
2013-04-02$29.45$26.2520.9%4.7%42.5%29.7%18.0%2.8%0.5%8.2M-285.9M-1.2M0.409.867,8443,130178,720182,872
2013-04-03$29.45$26.2522.8%5.0%42.5%37.8%18.3%2.8%0.2%8.6M-288.9M-1.2M0.529.719,1144,768182,128184,008
2013-04-04$29.67$26.2517.8%5.0%42.5%16.9%19.1%1.7%0.3%8.8M-310.1M-1.2M0.349.297,9962,708183,404185,698
2013-04-05$29.48$27.5017.7%5.1%42.6%16.5%19.3%3.1%3.2%8.1M-302.8M-1.2M0.246.277,8241,914185,552186,966
2013-04-08$29.98$27.5021.5%5.4%42.6%32.2%19.2%2.9%2.7%8.6M-332.3M-1.1M0.397.527,2142,794182,836186,236
2013-04-09$29.95$27.5021.1%5.2%42.5%30.5%19.5%2.6%2.7%9.5M-332.7M-1.1M0.217.0111,6442,454184,236186,358
2013-04-10$30.14$27.5018.5%5.5%41.6%20.0%19.9%3.0%2.4%9.1M-339.8M-1.2M0.205.6919,2843,954184,404186,808
2013-04-11$30.60$27.5019.0%5.4%41.1%21.9%19.5%2.9%2.6%8.6M-384.0M-1.1M0.316.3610,4443,280186,010187,484
2013-04-12$30.29$28.7518.9%5.4%41.4%21.5%19.5%2.5%2.6%8.6M-354.9M-1.1M1.026.774,4804,570184,410188,556
2013-04-15$29.84$28.7519.9%5.7%42.0%25.7%20.2%3.5%2.3%8.1M-319.5M-1.1M0.589.705,7723,356183,170188,420
2013-04-16$30.25$28.7518.4%5.3%41.7%19.3%19.1%3.3%3.1%8.5M-347.4M-1.1M0.769.016,7585,116183,490188,810
2013-04-17$30.45$28.7519.7%5.6%41.5%24.8%19.8%3.4%2.8%8.0M-360.7M-1.1M0.639.876,5024,100183,802189,768
2013-04-18$30.09$28.7519.9%5.7%41.7%25.7%20.7%3.0%2.7%8.7M-327.3M-1.1M0.3710.207,6382,814178,984186,352
2013-04-19$30.46$28.7519.1%5.5%40.5%22.3%19.1%3.1%3.1%5.3M-358.5M-1.1M0.216.2314,0222,904180,458186,268
2013-04-22$30.68$28.7517.6%5.0%17.0%16.1%18.8%2.5%0.5%4.9M-184.8M-1.0M1.597.512,9864,758115,946106,646
2013-04-23$30.84$28.7517.4%5.0%17.0%15.2%18.6%2.9%0.4%5.1M-192.8M-1.0M0.326.635,1861,662117,308109,048
2013-04-24$30.77$28.7517.2%4.9%17.0%14.4%19.0%2.9%0.5%5.3M-190.6M-1.0M0.328.213,7601,192119,462109,674
2013-04-25$31.04$28.7517.0%4.9%15.6%13.9%18.4%2.1%0.6%5.5M-202.1M-1.0M0.635.214,1222,598119,436110,120
2013-04-26$30.95$28.7517.2%4.8%15.6%14.6%18.1%2.3%0.7%5.2M-197.0M-1.0M0.206.766,6481,302120,844111,566
2013-04-29$31.32$28.7520.3%5.0%14.8%27.5%18.9%2.4%0.2%5.8M-217.4M-989.6K0.315.258,9282,786120,734110,494
2013-04-30$31.80$28.7522.7%5.2%15.2%37.4%18.5%2.7%0.1%6.2M-243.6M-988.6K0.635.027,7724,918125,158112,240