NKE Options History — February 2018

In February 2018, NKE traded between $62.75 and $69.64. ATM implied volatility averaged 26.4%, placing in the 65.9% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 4.1% (HV 20d: 30.5%). Max pain ranged from $67.50 to $67.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.13.

Notable Days

  • 2018-02-08: Highest Volume — 36,072 contracts
  • 2018-02-20: Largest IV spike — 29.6% change
  • 2018-02-21: Highest IV Rank — 100.0%
  • 2018-02-09: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.86$62.75$69.64$67.63$67.13
Max Pain$67.50$67.50$67.50$67.50$67.50
ATM IV26.4%19.9%32.9%19.9%30.2%
Expected Move6.7%5.4%8.3%5.8%6.6%
HV 20d30.5%20.9%35.3%20.9%33.8%
HV 60d23.1%18.9%25.3%18.9%25.3%
IV Rank65.9%28.5%100.0%28.5%85.1%
IV Percentile81.6%53.6%100.0%53.6%99.2%
Term Structure0.3%-2.8%10.2%0.1%-2.0%
VWIV23.5%19.2%30.0%20.1%22.9%
Skew 25d4.2%0.8%10.0%2.1%3.9%
Skew 10d8.0%3.5%16.2%4.1%9.1%
Call IV 25d24.8%19.0%30.8%19.0%28.9%
Put IV 25d29.0%21.2%37.7%21.2%32.8%
Bid-Ask Spread %9.614.3022.277.797.58
Gamma HHI0.100.070.200.090.09
Net GEX12.7M313.3K26.8M13.4M12.2M
Net DEX-489.0M-772.3M-107.4M-569.5M-480.8M
Net VEX-3.7M-4.2M-3.4M-3.5M-3.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.502.311.100.50
Total Volume21,920.68411,30536,07214,97533,196
Total OI373,106.947347,822407,370363,265364,693

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-02-01$67.63$67.5019.9%5.8%20.9%28.5%20.1%2.1%0.1%13.4M-569.5M-3.5M1.107.797,1247,851170,009193,256
2018-02-02$67.17$67.5021.7%6.2%21.2%39.6%22.2%2.5%0.1%10.9M-512.0M-3.6M1.388.757,62510,510170,695194,769
2018-02-05$64.69$67.5026.6%7.2%25.5%69.3%25.0%0.8%-1.8%5.4M-288.0M-3.9M1.2822.279,13411,720167,989194,570
2018-02-06$65.24$67.5025.6%7.0%25.4%63.0%24.3%3.8%-1.4%5.2M-322.7M-3.8M1.0417.7311,75312,233168,153196,723
2018-02-07$65.79$67.5024.1%7.0%25.4%54.1%25.1%3.1%0.5%6.2M-364.8M-3.8M1.688.397,01111,764171,007199,864
2018-02-08$62.75$67.5027.8%8.3%30.7%76.6%28.1%5.2%1.2%313.3K-107.4M-4.0M0.8311.3319,75816,314172,388203,804
2018-02-09$65.53$67.5030.2%8.3%34.5%91.2%30.0%10.0%-1.2%1.5M-352.7M-4.2M2.3111.678,41019,442183,877211,325
2018-02-12$65.99$67.5027.7%7.9%34.6%75.8%27.3%5.2%4.9%9.9M-413.9M-3.9M0.7011.6814,2509,934181,513210,331
2018-02-13$65.93$67.5024.9%7.1%33.8%58.7%24.6%4.7%10.2%12.9M-408.0M-3.9M0.965.987,1556,891186,765211,975
2018-02-14$67.99$67.5022.2%6.4%35.3%42.4%21.9%4.0%5.3%22.8M-653.2M-3.7M0.887.8213,45011,871189,198212,595
2018-02-15$68.25$67.5022.0%6.3%35.3%41.0%21.8%3.4%-0.4%26.8M-696.9M-3.7M1.444.528,40512,078192,498214,872
2018-02-16$68.49$67.5022.1%6.3%31.5%42.1%22.4%4.1%0.9%25.3M-772.3M-3.6M1.0910.9315,31916,728193,655211,102
2018-02-20$67.55$67.5028.7%6.6%31.7%82.0%23.4%3.8%-1.2%11.4M-519.5M-3.7M1.224.906,9018,413161,540186,282
2018-02-21$67.11$67.5032.9%6.7%31.5%100.0%24.3%4.8%-2.8%12.1M-503.8M-3.6M1.1517.505,2476,058163,505187,811
2018-02-22$67.16$67.5029.5%6.0%31.1%80.9%21.4%4.6%-2.4%12.7M-502.2M-3.6M1.235.185,5616,814163,861189,266
2018-02-23$68.06$67.5027.5%5.4%31.4%69.3%19.2%6.4%-1.0%23.2M-582.4M-3.4M0.824.309,9838,173165,518190,496
2018-02-26$69.64$67.5028.5%5.8%32.4%75.4%20.8%3.4%-2.0%14.4M-673.3M-3.4M0.947.5113,59912,824164,490188,248
2018-02-27$68.21$67.5028.9%6.2%33.3%77.7%22.0%3.7%-1.7%14.2M-568.3M-3.6M0.986.7211,63811,356167,194193,195
2018-02-28$67.13$67.5030.2%6.6%33.8%85.1%22.9%3.9%-2.0%12.2M-480.8M-3.7M0.507.5822,13411,062168,504196,189