NKE Options History — January 2018

In January 2018, NKE traded between $63.45 and $68.26. ATM implied volatility averaged 18.7%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded below realized volatility by 1.2% (HV 20d: 19.9%). Max pain ranged from $57.50 to $67.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.69.

Notable Days

2018-01-09: Highest Volume — 72,995 contracts
2018-01-16: Largest IV spike — 14.9% change
2018-01-29: Highest IV Rank — 35.3%
2018-01-29: Largest Expected Move — 6.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$65.49	$63.45	$68.26	$63.46	$68.26
Max Pain	$64.12	$57.50	$67.50	$57.50	$67.50
ATM IV	18.7%	17.2%	21.0%	18.3%	20.9%
Expected Move	5.5%	5.1%	6.3%	5.4%	6.0%
HV 20d	19.9%	15.6%	23.5%	20.2%	20.4%
HV 60d	18.8%	18.0%	20.6%	18.7%	18.7%
IV Rank	20.9%	11.7%	35.3%	18.8%	34.7%
IV Percentile	39.6%	19.4%	60.3%	34.9%	59.5%
Term Structure	0.2%	-1.4%	1.2%	0.1%	-0.1%
VWIV	19.5%	18.2%	23.2%	19.5%	21.1%
Skew 25d	2.0%	1.4%	2.6%	2.1%	2.0%
Skew 10d	4.3%	2.8%	8.7%	4.6%	2.8%
Call IV 25d	18.1%	16.6%	20.5%	17.6%	20.3%
Put IV 25d	20.0%	18.0%	22.6%	19.7%	22.3%
Bid-Ask Spread %	6.82	2.08	17.82	2.87	17.49
Gamma HHI	0.12	0.09	0.28	0.09	0.10
Net GEX	14.7M	6.6M	29.5M	11.6M	13.5M
Net DEX	-796.7M	-1.20B	-494.8M	-867.0M	-621.1M
Net VEX	-3.5M	-3.7M	-3.2M	-3.7M	-3.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.14	1.44	0.74	0.69
Total Volume	28,239.143	15,651	72,995	15,651	22,868
Total OI	562,443.19	333,076	714,554	687,797	357,948

Daily Data (21 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
2018-01-02	$63.46	$57.50	18.3%	5.4%	20.2%	18.8%	19.5%	2.1%	0.1%	11.6M	-867.0M	-3.7M	0.74	2.87	8,985	6,666	305,203	382,594
2018-01-03	$63.49	$57.50	18.1%	5.3%	20.2%	17.7%	19.0%	2.2%	0.1%	11.7M	-873.5M	-3.7M	1.02	15.06	9,616	9,845	306,596	384,167
2018-01-04	$63.46	$62.50	18.2%	5.5%	20.3%	18.2%	19.1%	2.0%	0.1%	9.8M	-868.6M	-3.6M	0.95	2.08	9,054	8,610	308,379	387,840
2018-01-05	$63.96	$62.50	17.3%	5.1%	19.7%	12.2%	18.3%	1.8%	0.1%	10.0M	-959.8M	-3.5M	0.67	6.51	13,075	8,722	309,838	389,164
2018-01-08	$64.56	$62.50	17.6%	5.3%	19.4%	14.3%	19.0%	1.8%	0.8%	18.2M	-1.03B	-3.4M	0.55	2.84	14,826	8,148	307,618	383,178
2018-01-09	$64.11	$62.50	17.9%	5.3%	19.5%	16.1%	18.8%	1.7%	0.6%	15.5M	-972.6M	-3.4M	0.14	2.17	63,829	9,166	312,516	385,160
2018-01-10	$64.21	$62.50	17.6%	5.2%	19.3%	14.4%	18.8%	1.8%	0.3%	18.3M	-1.01B	-3.4M	0.43	2.46	15,310	6,589	326,672	387,882
2018-01-11	$64.28	$62.50	17.3%	5.1%	19.3%	12.8%	18.4%	1.9%	0.7%	17.9M	-921.4M	-3.4M	0.50	10.12	13,889	6,909	293,647	388,487
2018-01-12	$64.62	$62.50	17.2%	5.1%	15.6%	11.7%	18.2%	1.4%	0.8%	24.2M	-972.1M	-3.4M	0.51	4.82	12,777	6,554	294,801	389,588
2018-01-16	$63.45	$62.50	19.7%	5.7%	16.8%	27.3%	19.2%	2.3%	-1.4%	7.5M	-780.2M	-3.4M	0.62	2.65	22,211	13,817	289,774	385,232
2018-01-17	$63.80	$62.50	18.2%	5.2%	16.9%	18.2%	18.4%	2.1%	-0.3%	10.1M	-835.4M	-3.4M	0.90	3.64	33,269	30,072	292,879	387,941
2018-01-18	$64.14	$65.00	18.3%	5.3%	17.0%	18.7%	19.0%	2.2%	-0.1%	6.6M	-786.0M	-3.6M	0.72	8.57	11,458	8,234	306,181	403,273
2018-01-19	$67.15	$65.00	18.5%	5.3%	23.4%	19.9%	19.3%	2.1%	-0.0%	14.9M	-1.20B	-3.2M	0.26	8.67	56,599	14,771	303,912	403,928
2018-01-22	$66.39	$67.50	18.7%	5.4%	23.5%	21.1%	19.2%	1.8%	1.2%	11.9M	-494.8M	-3.4M	0.90	2.99	12,118	10,936	152,791	180,285
2018-01-23	$67.22	$67.50	18.5%	5.4%	22.9%	19.8%	19.5%	1.6%	0.6%	16.6M	-564.6M	-3.4M	0.75	3.32	11,384	8,484	158,182	184,064
2018-01-24	$68.08	$67.00	18.6%	5.6%	20.9%	20.6%	19.9%	1.8%	0.5%	18.4M	-640.9M	-3.4M	0.57	3.63	19,411	11,099	163,197	185,454
2018-01-25	$67.66	$67.00	19.9%	5.6%	21.2%	28.3%	20.0%	2.2%	-0.3%	19.2M	-604.9M	-3.4M	0.80	4.47	10,368	8,296	166,592	189,547
2018-01-26	$67.95	$67.50	19.4%	5.6%	20.5%	25.1%	20.2%	2.0%	0.2%	29.5M	-625.8M	-3.4M	0.89	13.93	9,422	8,341	167,701	191,364
2018-01-29	$67.67	$67.50	21.0%	6.3%	20.6%	35.3%	23.2%	2.6%	-0.4%	12.0M	-562.9M	-3.5M	1.44	7.11	6,490	9,319	161,164	186,237
2018-01-30	$67.43	$67.50	20.8%	6.1%	20.5%	34.2%	21.7%	1.9%	-0.1%	11.0M	-540.9M	-3.5M	0.50	17.82	14,342	7,143	161,067	189,264
2018-01-31	$68.26	$67.50	20.9%	6.0%	20.4%	34.7%	21.1%	2.0%	-0.1%	13.5M	-621.1M	-3.4M	0.69	17.49	13,547	9,321	167,334	190,614