NKE Options History — April 2017

In April 2017, NKE traded between $54.86 and $56.45. ATM implied volatility averaged 17.5%, placing in the 8.7% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 6.6% (HV 20d: 24.1%). Max pain ranged from $55.00 to $55.50. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.78.

Notable Days

2017-04-21: Highest Volume — 28,504 contracts
2017-04-20: Largest IV drop — 8.5% change
2017-04-17: Highest IV Rank — 17.3%
2017-04-17: Largest Expected Move — 5.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.48	$54.86	$56.45	$55.64	$55.43
Max Pain	$55.05	$55.00	$55.50	$55.00	$55.50
ATM IV	17.5%	15.6%	19.0%	17.7%	15.6%
Expected Move	4.9%	4.4%	5.4%	4.8%	4.4%
HV 20d	24.1%	9.6%	31.9%	31.6%	9.6%
HV 60d	22.2%	22.0%	22.7%	22.7%	22.0%
IV Rank	8.7%	0.0%	17.3%	9.6%	0.0%
IV Percentile	12.4%	0.0%	30.6%	11.5%	0.0%
Term Structure	-0.1%	-1.2%	1.1%	-0.1%	0.4%
VWIV	17.2%	15.4%	19.1%	16.4%	15.4%
Skew 25d	2.2%	1.4%	3.2%	1.7%	1.7%
Skew 10d	4.5%	2.8%	6.6%	4.0%	4.2%
Call IV 25d	16.6%	15.2%	17.8%	16.9%	15.2%
Put IV 25d	18.8%	16.9%	20.3%	18.7%	16.9%
Bid-Ask Spread %	15.14	11.48	23.57	13.34	13.47
Gamma HHI	0.13	0.11	0.14	0.11	0.13
Net GEX	-3.6M	-12.2M	15.8M	-2.1M	176.3K
Net DEX	-66.3M	-261.0M	65.1M	-91.0M	-80.6M
Net VEX	-4.4M	-4.6M	-4.1M	-4.6M	-4.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.44	1.24	0.96	0.80
Total Volume	18,893.947	6,363	28,504	19,705	11,849
Total OI	540,403.579	399,663	594,856	574,598	430,517

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
2017-04-03	$55.64	$55.00	17.7%	4.8%	31.6%	9.6%	16.4%	1.7%	-0.1%	-2.1M	-91.0M	-4.6M	0.96	13.34	10,051	9,654	272,688	301,910
2017-04-04	$55.00	$55.00	17.6%	4.7%	31.8%	9.3%	16.6%	1.8%	-0.4%	-9.7M	27.9M	-4.5M	0.98	11.48	11,413	11,209	274,040	304,084
2017-04-05	$55.08	$55.00	18.1%	5.0%	31.8%	12.2%	17.5%	1.5%	-0.3%	-9.8M	18.4M	-4.5M	0.61	23.57	13,646	8,328	276,012	306,863
2017-04-06	$55.17	$55.00	17.5%	5.1%	31.9%	8.9%	17.6%	1.9%	0.3%	-10.8M	9.2M	-4.5M	0.85	15.45	9,537	8,111	277,442	309,144
2017-04-07	$55.15	$55.00	17.7%	5.0%	31.8%	9.8%	17.3%	2.4%	0.0%	-11.8M	9.4M	-4.5M	0.63	12.37	13,054	8,207	279,116	310,489
2017-04-10	$54.90	$55.00	18.1%	5.1%	31.8%	12.3%	17.6%	2.6%	-0.5%	-12.2M	55.8M	-4.4M	0.78	14.72	13,352	10,361	271,350	305,559
2017-04-11	$54.86	$55.00	18.5%	5.2%	31.4%	14.4%	18.0%	2.6%	-0.5%	-12.1M	65.1M	-4.5M	0.84	14.48	9,229	7,795	275,793	307,733
2017-04-12	$55.46	$55.00	18.4%	5.3%	31.6%	13.6%	18.4%	2.4%	0.1%	-7.3M	-47.8M	-4.5M	0.62	17.21	11,953	7,434	276,122	309,253
2017-04-13	$55.44	$55.00	18.6%	5.3%	31.6%	14.8%	17.9%	2.6%	-0.3%	-7.7M	-37.5M	-4.4M	0.84	17.39	9,061	7,594	278,223	311,269
2017-04-17	$55.72	$55.00	19.0%	5.4%	31.7%	17.3%	16.6%	2.6%	-0.1%	-4.8M	-99.9M	-4.4M	0.96	13.24	3,239	3,124	275,451	308,299
2017-04-18	$56.11	$55.00	18.5%	5.3%	30.9%	14.6%	18.4%	2.5%	-0.2%	1.1M	-162.6M	-4.3M	0.53	16.37	10,547	5,623	277,278	308,656
2017-04-19	$55.82	$55.00	17.9%	5.1%	30.9%	11.2%	17.4%	2.3%	-0.1%	-2.9M	-150.5M	-4.2M	0.44	15.52	12,718	5,630	278,761	304,820
2017-04-20	$56.45	$55.00	16.4%	4.7%	14.7%	2.2%	18.1%	2.4%	1.1%	15.8M	-261.0M	-4.2M	1.24	15.05	11,526	14,327	281,347	306,344
2017-04-21	$55.95	$55.00	17.4%	5.0%	12.7%	8.4%	19.1%	3.2%	-0.4%	4.4M	-166.5M	-4.2M	0.76	16.14	16,234	12,270	282,628	312,228
2017-04-24	$55.63	$55.00	16.6%	4.4%	10.9%	3.1%	15.4%	2.2%	-1.2%	1.0M	-107.1M	-4.1M	1.10	15.14	13,088	14,445	184,886	214,777
2017-04-25	$55.53	$55.00	16.1%	4.5%	10.7%	0.3%	15.7%	2.1%	-0.2%	-377.3K	-89.7M	-4.2M	0.51	12.82	10,779	5,450	190,334	222,720
2017-04-26	$55.25	$55.50	16.6%	4.7%	10.1%	3.3%	16.6%	1.4%	0.2%	-1.8M	-54.8M	-4.3M	0.58	13.91	7,858	4,560	193,490	224,642
2017-04-27	$55.56	$55.00	15.9%	4.5%	10.4%	0.0%	16.4%	1.7%	0.1%	1.5M	-95.6M	-4.3M	0.86	16.09	8,464	7,265	197,503	225,897
2017-04-28	$55.43	$55.50	15.6%	4.4%	9.6%	0.0%	15.4%	1.7%	0.4%	176.3K	-80.6M	-4.3M	0.80	13.47	6,596	5,253	200,826	229,691