NKE Options History — April 2014

In April 2014, NKE traded between $35.41 and $37.27. ATM implied volatility averaged 17.9%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 5.8% (HV 20d: 23.7%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2014-04-17: Highest Volume — 46,728 contracts
  • 2014-04-07: Largest IV spike — 10.3% change
  • 2014-04-11: Highest IV Rank — 25.2%
  • 2014-04-11: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.53$35.41$37.27$37.20$36.48
Max Pain$37.50$37.50$37.50$37.50$37.50
ATM IV17.9%16.8%20.3%17.1%16.8%
Expected Move6.6%6.6%6.8%6.6%6.6%
HV 20d23.7%20.7%28.2%22.7%22.0%
HV 60d21.4%20.1%22.3%20.2%20.2%
IV Rank11.8%5.6%25.2%7.4%5.6%
IV Percentile27.1%5.6%54.4%11.5%5.6%
Term Structure0.1%-0.4%0.7%-0.1%0.1%
VWIV23.4%20.4%25.4%23.6%20.4%
Skew 25d1.6%0.7%2.1%0.9%1.8%
Skew 10d3.1%2.0%4.3%2.1%3.7%
Call IV 25d17.5%16.1%20.0%16.9%16.1%
Put IV 25d19.0%17.5%21.1%17.8%17.9%
Bid-Ask Spread %4.753.475.793.814.99
Gamma HHI0.110.090.160.090.10
Net GEX283.2K-4.8M10.6M1.5M-1.5M
Net DEX-20.3M-129.2M115.4M-54.7M-31.8M
Net VEX-2.1M-2.2M-1.9M-2.1M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.271.570.280.50
Total Volume19,211.2388,85846,72818,9349,490
Total OI350,901.429305,434387,312347,816331,726

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-04-01$37.20$37.5017.1%6.6%22.7%7.4%23.6%0.9%-0.1%1.5M-54.7M-2.1M0.283.8114,7684,166184,230163,586
2014-04-02$37.27$37.5016.8%6.6%22.2%5.9%23.6%1.1%0.1%1.9M-65.9M-2.1M0.643.476,8144,370186,924164,910
2014-04-03$36.99$37.5016.8%6.6%21.8%5.6%23.8%1.1%0.2%-18.8K-32.9M-2.0M0.363.979,5823,404189,018164,898
2014-04-04$36.42$37.5017.1%6.6%21.1%7.7%23.1%1.7%-0.0%-4.5M33.4M-2.0M0.535.5214,2127,566188,600166,526
2014-04-07$35.41$37.5018.9%6.7%22.7%17.4%23.3%0.7%0.3%-4.8M115.4M-1.9M0.414.5620,6408,552181,734164,982
2014-04-08$36.46$37.5018.6%6.7%25.8%15.6%23.1%2.0%0.2%-2.0M4.7M-2.0M0.365.4822,8608,260189,712168,704
2014-04-09$36.78$37.5018.4%6.7%26.1%14.4%23.4%2.1%0.0%3.1M-39.2M-2.1M0.284.6012,0223,342199,598171,732
2014-04-10$36.23$37.5019.3%6.8%26.4%19.5%24.0%1.7%0.1%388.8K17.8M-2.1M1.394.407,94611,016205,174172,882
2014-04-11$35.63$37.5020.3%6.8%26.8%25.2%23.2%1.1%0.2%-4.5M92.2M-2.0M1.574.2812,58219,778206,092178,856
2014-04-14$36.19$37.5019.4%6.8%27.4%20.2%23.6%1.8%0.3%-4.1M32.3M-2.1M0.814.9710,0148,138195,808182,968
2014-04-15$36.14$37.5019.2%6.7%27.0%18.9%22.9%1.8%0.2%-3.1M33.9M-2.1M1.445.794,7486,818200,082186,250
2014-04-16$36.55$37.5018.4%6.7%27.6%14.8%23.3%1.9%0.3%-281.9K-8.4M-2.1M0.794.985,2504,172198,992186,722
2014-04-17$37.02$37.5017.2%6.6%28.2%7.8%22.9%1.9%0.7%10.6M-62.9M-2.0M0.314.5535,57211,156199,608187,704
2014-04-21$36.95$37.5017.4%6.6%21.4%9.0%23.0%1.4%-0.0%4.8M-108.8M-2.1M0.984.787,6627,532165,418140,016
2014-04-22$37.17$37.5017.0%6.6%21.5%7.1%23.3%1.6%-0.3%6.1M-129.2M-2.1M0.274.8214,5623,898169,274145,058
2014-04-23$37.05$37.5017.2%6.6%20.7%8.0%25.4%1.2%-0.3%6.3M-123.0M-2.1M0.714.145,1663,692175,160146,990
2014-04-24$36.70$37.5017.5%6.6%20.9%9.6%24.7%1.9%-0.4%3.2M-81.0M-2.1M1.215.128,2469,982178,066148,972
2014-04-25$36.35$37.5017.6%6.6%21.1%10.2%24.4%1.5%-0.4%339.6K-30.2M-2.2M0.575.198,5484,910178,644155,470
2014-04-28$35.84$37.5017.6%6.6%21.6%10.2%23.3%1.8%0.1%-4.0M21.0M-2.1M0.985.5114,62414,396168,672151,364
2014-04-29$36.24$37.5017.2%6.6%22.0%7.9%23.1%1.5%0.2%-3.3M-9.9M-2.1M0.394.829,3583,622168,762159,046
2014-04-30$36.48$37.5016.8%6.6%22.0%5.6%20.4%1.8%0.1%-1.5M-31.8M-2.1M0.504.996,3443,146170,666161,060