NKE Options History — April 2018

In April 2018, NKE traded between $64.08 and $69.65. ATM implied volatility averaged 21.9%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 7.1% (HV 20d: 28.9%). Max pain ranged from $62.50 to $67.50. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.25.

Notable Days

  • 2018-04-30: Highest Volume — 48,009 contracts
  • 2018-04-06: Largest IV spike — 10.6% change
  • 2018-04-02: Highest IV Rank — 56.7%
  • 2018-04-02: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.26$64.08$69.65$64.08$68.65
Max Pain$66.79$62.50$67.50$62.50$67.50
ATM IV21.9%19.1%25.8%25.8%19.1%
Expected Move6.3%5.5%7.7%7.7%5.5%
HV 20d28.9%23.3%30.6%23.3%27.4%
HV 60d28.0%26.3%28.9%26.3%28.1%
IV Rank35.5%20.7%56.7%56.7%20.7%
IV Percentile52.0%31.0%71.0%71.0%31.0%
Term Structure-0.0%-1.1%2.4%-0.4%0.2%
VWIV22.7%18.9%27.6%27.4%18.9%
Skew 25d4.0%2.3%5.0%4.8%3.7%
Skew 10d9.4%7.1%18.9%10.8%7.6%
Call IV 25d20.4%17.3%23.7%23.7%17.3%
Put IV 25d24.4%21.0%28.5%28.5%21.0%
Bid-Ask Spread %7.562.9917.147.455.68
Gamma HHI0.100.060.340.060.09
Net GEX5.0M-21.2M20.3M91.2K10.2M
Net DEX-446.0M-723.1M-232.9M-232.9M-462.5M
Net VEX-3.9M-4.2M-3.7M-4.2M-3.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.472.240.800.62
Total Volume25,881.57114,73348,00929,80048,009
Total OI419,757.667323,389461,560424,608366,906

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$64.08$62.5025.8%7.7%23.3%56.7%27.4%4.8%-0.4%91.2K-232.9M-4.2M0.807.4516,55613,244196,986227,622
2018-04-03$66.72$62.5023.6%7.0%27.1%45.0%27.6%5.0%-0.2%8.8M-459.5M-4.1M0.748.7517,82313,116199,849230,881
2018-04-04$68.47$62.5023.6%6.8%28.5%45.2%25.9%2.3%2.4%15.8M-623.2M-3.9M0.7013.5318,29112,784201,723235,886
2018-04-05$69.65$67.5022.2%6.2%28.1%37.3%23.5%4.6%-0.1%20.3M-723.1M-3.9M0.554.8521,57111,878203,480235,585
2018-04-06$67.49$67.5024.5%7.0%30.5%49.9%24.6%4.3%-0.3%12.3M-516.4M-4.1M1.659.0115,33425,346206,815240,919
2018-04-09$67.56$67.5023.9%6.8%29.8%46.4%23.8%4.4%-0.1%7.9M-511.8M-4.0M1.105.027,5178,301193,428247,158
2018-04-10$67.10$67.5023.1%6.5%29.8%42.4%23.4%4.2%-0.3%6.2M-465.0M-4.0M1.168.586,9418,031195,645249,070
2018-04-11$66.93$67.5022.8%6.4%29.5%40.5%26.6%3.8%-0.4%5.6M-452.9M-4.0M2.249.855,99513,444196,390249,968
2018-04-12$67.95$67.5022.0%6.4%29.9%36.1%22.6%4.0%0.3%9.8M-552.3M-4.0M1.805.887,26013,068196,852255,737
2018-04-13$67.25$67.5022.4%6.3%30.2%38.5%22.9%3.9%-0.8%3.0M-472.6M-4.0M1.979.486,29112,384197,180262,176
2018-04-16$67.19$67.5020.4%5.8%30.2%27.9%21.3%4.0%0.5%6.1M-471.3M-3.9M1.114.946,9987,735194,610260,366
2018-04-17$67.58$67.5019.8%5.7%30.1%24.7%20.7%3.6%0.2%9.0M-519.5M-3.8M1.254.117,1638,976196,093261,264
2018-04-18$66.33$67.5019.5%5.6%30.4%22.9%20.8%4.1%0.6%-1.8M-370.6M-3.9M1.242.998,98311,167195,838261,958
2018-04-19$65.74$67.5021.5%6.2%30.6%33.6%21.8%3.6%-0.5%-6.7M-319.6M-3.8M1.9617.149,85219,354196,509263,814
2018-04-20$65.97$67.5021.9%6.4%28.5%36.0%22.2%3.9%-1.1%-21.2M-357.1M-3.9M1.405.3212,63817,634196,303265,257
2018-04-23$66.88$67.5020.2%5.8%28.8%26.6%19.3%4.1%-0.1%4.0M-324.2M-3.9M1.499.9613,34419,821147,443175,946
2018-04-24$66.85$67.5021.4%6.3%28.0%33.2%22.3%4.3%0.1%1.1M-307.8M-4.0M2.185.818,38518,276155,055190,127
2018-04-25$66.49$67.5021.4%6.2%28.1%32.9%22.2%4.3%0.2%-2.8M-271.2M-4.0M1.0111.227,6367,686156,496193,621
2018-04-26$68.08$67.5019.8%5.7%28.9%24.7%19.8%3.6%-0.3%5.4M-409.1M-3.9M0.474.1412,8956,006157,911196,024
2018-04-27$69.59$67.5019.8%5.6%29.7%24.6%20.0%3.5%-0.3%12.7M-543.3M-3.8M0.845.0319,47716,303162,441197,579
2018-04-30$68.65$67.5019.1%5.5%27.4%20.7%18.9%3.7%0.2%10.2M-462.5M-3.7M0.625.6829,61818,391168,694198,212