NKE Options History — October 2014

In October 2014, NKE traded between $42.64 and $46.49. ATM implied volatility averaged 18.8%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 19.8% (HV 20d: 38.6%). Max pain ranged from $40.00 to $41.25. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.95.

Notable Days

2014-10-01: Highest Volume — 42,120 contracts
2014-10-13: Largest IV spike — 14.2% change
2014-10-15: Highest IV Rank — 68.5%
2014-10-15: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.58	$42.64	$46.49	$43.85	$46.48
Max Pain	$40.38	$40.00	$41.25	$40.00	$41.25
ATM IV	18.8%	15.7%	24.5%	18.0%	15.7%
Expected Move	6.2%	6.0%	7.0%	6.0%	6.0%
HV 20d	38.6%	19.0%	46.2%	44.1%	19.0%
HV 60d	28.8%	28.3%	29.4%	28.4%	28.3%
IV Rank	33.0%	13.0%	68.5%	27.4%	13.1%
IV Percentile	46.5%	11.9%	86.5%	46.4%	12.7%
Term Structure	-0.1%	-1.4%	0.7%	0.1%	0.4%
VWIV	22.2%	20.7%	24.9%	21.8%	21.4%
Skew 25d	2.1%	0.5%	4.9%	1.5%	1.7%
Skew 10d	4.7%	2.1%	10.5%	2.1%	2.8%
Call IV 25d	18.1%	14.9%	23.6%	18.2%	15.0%
Put IV 25d	20.3%	16.7%	27.3%	19.6%	16.7%
Bid-Ask Spread %	11.81	8.14	18.93	9.16	9.93
Gamma HHI	0.11	0.07	0.36	0.07	0.13
Net GEX	10.4M	6.0M	22.8M	8.0M	17.3M
Net DEX	-405.7M	-577.6M	-280.4M	-432.2M	-489.0M
Net VEX	-1.9M	-2.1M	-1.8M	-2.0M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.56	2.17	1.34	0.83
Total Volume	22,916.348	9,348	42,120	42,120	21,768
Total OI	365,436.348	296,554	421,544	410,314	328,074

Daily Data (23 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
2014-10-01	$43.85	$40.00	18.0%	6.0%	44.1%	27.4%	21.8%	1.5%	0.1%	8.0M	-432.2M	-2.0M	1.34	9.16	17,992	24,128	195,498	214,816
2014-10-02	$44.65	$40.00	19.1%	6.0%	44.3%	34.6%	21.4%	2.2%	-0.2%	10.2M	-517.3M	-2.0M	0.79	9.36	18,020	14,314	197,312	216,930
2014-10-03	$45.15	$40.00	17.7%	6.0%	43.7%	26.0%	20.8%	2.0%	0.0%	9.0M	-577.6M	-1.9M	0.75	8.14	15,958	11,894	198,346	223,198
2014-10-06	$44.61	$40.00	18.2%	6.0%	44.1%	29.0%	21.2%	2.4%	-0.1%	7.5M	-488.7M	-1.9M	0.89	8.81	13,972	12,466	190,426	211,490
2014-10-07	$44.03	$40.00	18.8%	6.1%	44.3%	32.8%	21.6%	1.2%	-0.0%	9.3M	-430.1M	-1.9M	1.04	9.45	7,700	8,020	196,710	212,010
2014-10-08	$44.50	$40.00	18.0%	6.0%	44.4%	27.9%	20.8%	2.3%	0.1%	12.6M	-478.7M	-1.9M	0.94	8.79	14,820	13,968	199,596	212,400
2014-10-09	$43.62	$40.00	19.7%	6.2%	45.0%	38.4%	22.7%	0.5%	0.4%	8.1M	-389.9M	-2.0M	0.89	10.10	7,870	7,030	203,130	212,184
2014-10-10	$43.59	$40.00	20.8%	6.4%	45.0%	45.5%	23.8%	1.4%	0.1%	6.0M	-383.3M	-2.0M	0.85	16.17	9,328	7,972	203,418	213,150
2014-10-13	$42.70	$40.00	23.8%	6.8%	45.8%	64.1%	23.1%	0.6%	-0.4%	7.7M	-290.2M	-2.1M	2.17	15.68	6,684	14,492	193,150	206,190
2014-10-14	$42.69	$40.00	22.9%	6.7%	45.7%	58.8%	23.5%	2.8%	-0.8%	6.7M	-284.5M	-2.0M	1.08	14.54	9,168	9,942	194,514	210,018
2014-10-15	$42.64	$40.00	24.5%	7.0%	45.7%	68.5%	24.9%	3.7%	-1.1%	8.7M	-280.4M	-2.1M	1.17	18.93	14,982	17,502	195,262	205,530
2014-10-16	$43.52	$40.00	23.5%	6.9%	46.2%	62.2%	24.2%	4.9%	-1.4%	7.3M	-371.6M	-2.1M	0.80	15.41	14,440	11,538	194,070	203,706
2014-10-17	$43.59	$40.00	20.2%	6.5%	46.1%	41.6%	23.4%	2.8%	-0.9%	9.0M	-383.2M	-2.0M	0.61	14.57	15,616	9,452	194,816	202,978
2014-10-20	$44.45	$40.00	18.8%	6.3%	46.0%	33.0%	22.1%	2.9%	0.5%	7.3M	-300.7M	-1.9M	0.56	13.69	6,150	3,420	148,506	148,048
2014-10-21	$45.22	$40.00	17.6%	6.2%	46.0%	25.0%	22.5%	2.0%	0.3%	10.7M	-376.2M	-1.8M	0.85	12.17	14,802	12,608	151,182	148,684
2014-10-22	$44.93	$40.00	18.1%	6.2%	46.2%	28.1%	22.6%	1.7%	-0.0%	11.0M	-360.2M	-1.9M	1.34	11.20	10,174	13,642	156,964	151,984
2014-10-23	$45.09	$41.25	17.3%	6.1%	45.6%	23.3%	22.2%	2.1%	-0.0%	11.6M	-372.1M	-1.9M	1.51	11.29	9,120	13,764	157,860	155,524
2014-10-24	$45.45	$41.25	16.5%	6.1%	20.6%	18.3%	20.8%	2.3%	-0.0%	22.8M	-399.7M	-1.8M	0.71	10.63	11,164	7,872	160,268	158,766
2014-10-27	$45.82	$41.25	16.6%	6.0%	20.7%	18.9%	20.7%	2.0%	0.3%	11.2M	-403.6M	-1.8M	0.61	11.16	5,808	3,540	152,986	150,284
2014-10-28	$46.23	$41.25	15.9%	6.0%	20.9%	14.2%	21.5%	2.2%	0.5%	12.5M	-442.2M	-1.8M	0.62	10.63	11,882	7,318	155,454	151,864
2014-10-29	$45.97	$41.25	15.9%	6.0%	19.9%	14.4%	22.1%	2.2%	0.7%	11.8M	-423.4M	-1.8M	0.79	11.69	12,100	9,500	158,794	153,898
2014-10-30	$46.49	$41.25	15.7%	6.0%	19.3%	13.0%	21.9%	2.1%	0.1%	12.4M	-456.3M	-1.8M	0.61	10.17	14,382	8,794	160,330	154,718
2014-10-31	$46.48	$41.25	15.7%	6.0%	19.0%	13.1%	21.4%	1.7%	0.4%	17.3M	-489.0M	-1.8M	0.83	9.93	11,876	9,892	171,946	156,128