NKE Options History — February 2014

In February 2014, NKE traded between $35.26 and $39.21. ATM implied volatility averaged 22.0%, placing in the 41.0% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 0.8% (HV 20d: 21.2%). Max pain ranged from $37.50 to $40.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.68.

Notable Days

2014-02-28: Highest Volume — 60,454 contracts
2014-02-18: Largest IV spike — 19.5% change
2014-02-28: Highest IV Rank — 60.4%
2014-02-03: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.36	$35.26	$39.21	$35.44	$39.15
Max Pain	$38.68	$37.50	$40.00	$40.00	$37.50
ATM IV	22.0%	18.1%	25.9%	22.2%	25.9%
Expected Move	7.1%	6.8%	7.7%	7.7%	6.9%
HV 20d	21.2%	17.7%	22.6%	20.4%	17.7%
HV 60d	17.2%	16.6%	17.6%	17.1%	17.6%
IV Rank	41.0%	21.6%	60.4%	42.0%	60.4%
IV Percentile	65.2%	41.7%	82.1%	68.7%	82.1%
Term Structure	1.9%	-1.2%	6.4%	4.9%	-1.1%
VWIV	25.1%	23.6%	30.6%	25.9%	24.4%
Skew 25d	2.4%	1.5%	3.6%	2.6%	3.6%
Skew 10d	4.9%	3.7%	6.6%	4.9%	6.6%
Call IV 25d	21.1%	16.9%	24.8%	21.2%	24.8%
Put IV 25d	23.5%	18.4%	28.4%	23.9%	28.4%
Bid-Ask Spread %	3.91	2.73	7.90	7.90	4.31
Gamma HHI	0.16	0.08	0.43	0.09	0.18
Net GEX	7.1M	-2.0M	18.4M	286.9K	10.3M
Net DEX	-135.9M	-297.9M	39.4M	10.1M	-245.8M
Net VEX	-1.8M	-1.9M	-1.7M	-1.7M	-1.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.22	2.01	2.01	0.32
Total Volume	20,005.368	9,116	60,454	20,586	60,454
Total OI	289,132.421	259,208	301,704	259,208	292,318

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2014-02-03	$35.44	$40.00	22.2%	7.7%	20.4%	42.0%	25.9%	2.6%	4.9%	286.9K	10.1M	-1.7M	2.01	7.90	6,830	13,756	141,642	117,566
2014-02-04	$35.26	$40.00	21.4%	7.6%	20.4%	38.2%	27.0%	2.7%	4.7%	-2.0M	39.4M	-1.7M	0.71	5.19	8,036	5,676	143,178	125,788
2014-02-05	$35.30	$40.00	21.8%	7.6%	20.4%	40.2%	26.2%	2.5%	5.0%	-1.9M	30.0M	-1.7M	1.33	7.06	6,212	8,260	146,094	127,974
2014-02-06	$35.76	$40.00	20.9%	7.5%	21.3%	35.8%	30.6%	2.6%	-0.6%	-1.4M	-523.2K	-1.8M	0.82	4.77	11,840	9,658	148,846	132,344
2014-02-07	$36.34	$40.00	19.2%	7.5%	22.4%	27.3%	26.4%	2.3%	-0.1%	2.1M	-53.3M	-1.8M	0.58	3.13	13,296	7,758	155,162	139,056
2014-02-10	$36.34	$38.75	19.6%	7.3%	22.5%	29.1%	24.9%	2.3%	5.3%	2.8M	-47.8M	-1.8M	0.95	3.53	7,170	6,812	150,622	134,340
2014-02-11	$36.99	$38.75	18.2%	7.2%	22.3%	22.2%	25.2%	1.9%	5.7%	5.3M	-103.6M	-1.9M	0.67	2.99	8,562	5,732	153,752	139,022
2014-02-12	$37.05	$38.75	18.1%	7.1%	22.3%	21.6%	25.6%	2.1%	5.7%	6.5M	-115.9M	-1.9M	0.85	4.20	7,054	5,996	155,434	141,350
2014-02-13	$37.44	$38.75	18.6%	7.1%	22.6%	24.3%	24.2%	1.7%	6.2%	8.9M	-150.4M	-1.9M	0.38	2.87	8,698	3,300	155,274	143,358
2014-02-14	$37.53	$38.75	19.4%	7.0%	22.4%	28.1%	24.3%	1.5%	6.4%	18.4M	-159.9M	-1.8M	0.26	3.27	18,560	4,798	155,962	144,724
2014-02-18	$37.60	$38.75	23.2%	7.0%	21.2%	46.8%	24.0%	2.3%	-0.8%	9.3M	-163.5M	-1.8M	0.96	3.21	4,640	4,476	158,334	140,108
2014-02-19	$37.41	$38.75	23.9%	6.9%	21.3%	50.6%	24.2%	2.3%	-0.6%	9.5M	-142.9M	-1.8M	0.72	3.21	5,508	3,956	158,286	140,956
2014-02-20	$37.79	$38.75	24.8%	6.9%	21.5%	54.7%	24.2%	2.4%	-1.1%	11.0M	-180.0M	-1.8M	0.24	3.26	9,912	2,374	157,496	140,166
2014-02-21	$38.24	$37.50	23.4%	6.9%	21.3%	48.2%	24.2%	1.8%	-0.2%	8.4M	-229.9M	-1.8M	0.29	3.02	21,864	6,386	161,224	140,480
2014-02-24	$38.92	$37.50	24.4%	6.8%	20.9%	53.1%	23.6%	2.5%	-0.8%	10.1M	-256.2M	-1.8M	0.22	3.35	36,536	8,020	148,508	126,056
2014-02-25	$39.05	$37.50	24.4%	6.8%	20.9%	53.0%	23.8%	2.5%	-1.1%	13.4M	-284.6M	-1.8M	0.58	2.73	7,008	4,066	164,566	128,874
2014-02-26	$39.21	$37.50	24.4%	6.8%	20.8%	53.1%	23.8%	2.9%	-1.2%	13.4M	-297.9M	-1.8M	0.34	2.93	18,192	6,132	166,094	130,248
2014-02-27	$39.01	$37.50	23.9%	6.8%	20.1%	50.6%	23.9%	2.4%	-1.1%	11.0M	-230.0M	-1.9M	0.79	3.36	7,036	5,538	154,800	133,514
2014-02-28	$39.15	$37.50	25.9%	6.9%	17.7%	60.4%	24.4%	3.6%	-1.1%	10.3M	-245.8M	-1.9M	0.32	4.31	45,968	14,486	156,556	135,762