NKE Options History — May 2018

In May 2018, NKE traded between $66.97 and $72.19. ATM implied volatility averaged 20.0%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded below realized volatility by 1.2% (HV 20d: 21.2%). Max pain ranged from $67.50 to $70.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.94.

Notable Days

  • 2018-05-22: Highest Volume — 65,930 contracts
  • 2018-05-29: Largest IV spike — 22.6% change
  • 2018-05-29: Highest IV Rank — 52.0%
  • 2018-05-08: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.93$66.97$72.19$67.94$71.79
Max Pain$68.18$67.50$70.00$67.50$70.00
ATM IV20.0%18.1%25.1%19.6%25.0%
Expected Move5.5%5.1%6.0%5.7%5.4%
HV 20d21.2%18.8%24.0%24.0%19.9%
HV 60d24.7%23.1%28.2%28.2%23.5%
IV Rank24.4%13.8%52.0%23.3%51.5%
IV Percentile35.6%15.1%68.3%35.7%67.5%
Term Structure1.4%-1.0%7.0%-0.1%-0.7%
VWIV19.8%18.5%21.5%20.1%20.0%
Skew 25d2.9%1.7%3.4%3.4%2.9%
Skew 10d6.3%3.7%8.8%6.8%8.5%
Call IV 25d18.8%17.2%24.3%18.1%23.8%
Put IV 25d21.7%19.6%27.8%21.5%26.7%
Bid-Ask Spread %7.002.3519.105.195.30
Gamma HHI0.150.100.220.110.10
Net GEX20.3M-3.0M38.5M9.4M22.4M
Net DEX-584.2M-798.5M-293.7M-406.6M-679.1M
Net VEX-3.9M-4.1M-3.5M-4.1M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.441.851.430.44
Total Volume22,599.8649,02665,93023,28018,207
Total OI402,200.636370,915414,808396,991410,966

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$67.94$67.5019.6%5.7%24.0%23.3%20.1%3.4%-0.1%9.4M-406.6M-4.1M1.435.199,57513,705188,183208,808
2018-05-02$68.48$67.5019.6%5.7%22.3%23.4%21.1%2.8%0.1%12.0M-462.8M-4.0M1.0016.666,3036,273189,063215,443
2018-05-03$66.97$67.5019.9%5.6%22.7%25.1%19.5%3.4%-0.1%-3.0M-293.7M-4.0M1.348.389,36412,550190,254217,833
2018-05-04$68.05$67.5018.7%5.5%20.7%18.3%19.2%3.2%0.2%22.1M-431.0M-4.0M0.456.279,3134,183191,901214,759
2018-05-07$69.19$67.5018.9%5.3%21.5%19.4%19.8%3.3%-0.1%18.6M-522.6M-4.0M0.8611.145,4874,729187,583207,845
2018-05-08$68.47$67.5019.9%6.0%21.7%25.1%20.1%3.2%1.0%12.4M-459.5M-4.1M1.6019.105,7079,132189,757210,137
2018-05-09$67.89$67.5019.6%5.7%21.9%23.1%20.9%3.3%0.4%7.5M-400.8M-4.1M1.036.456,1946,376191,194213,180
2018-05-10$67.95$67.5019.1%5.5%21.3%20.0%19.2%3.1%0.2%9.2M-415.2M-4.0M0.833.034,9864,149192,527214,380
2018-05-11$68.37$67.5018.6%5.5%21.0%17.5%18.6%2.8%1.0%13.5M-463.5M-3.9M0.683.406,3194,284192,828214,614
2018-05-14$68.85$67.5018.5%5.3%21.1%16.4%19.6%2.8%0.3%18.4M-509.7M-3.7M0.877.974,8184,208190,324199,971
2018-05-15$69.33$67.5020.2%5.8%21.1%24.9%20.7%3.2%0.2%21.4M-551.6M-3.9M0.5410.7812,2986,642191,451201,040
2018-05-16$71.31$67.5018.7%5.3%21.8%16.7%19.5%2.0%1.4%34.5M-775.7M-3.7M0.618.8726,90516,357197,238203,334
2018-05-17$70.91$67.5019.0%5.5%21.6%18.7%21.5%2.9%0.1%38.5M-741.2M-3.6M1.423.3413,29118,822202,446209,753
2018-05-18$71.41$67.5018.4%5.2%21.6%15.5%19.3%2.9%1.1%30.9M-798.5M-3.6M1.002.3510,11410,083204,507208,458
2018-05-21$71.40$67.5018.6%5.4%21.3%16.6%19.5%3.0%5.3%25.7M-706.3M-3.5M0.883.3412,64811,188185,261185,654
2018-05-22$71.35$67.5018.1%5.2%21.3%13.8%18.5%2.7%5.3%26.5M-699.1M-3.8M0.614.5140,84625,084190,135189,274
2018-05-23$71.29$70.0018.6%5.2%21.2%16.1%18.9%2.8%5.1%24.9M-681.7M-3.9M1.074.669,1989,806201,120207,241
2018-05-24$72.19$70.0020.0%5.5%20.1%23.8%20.0%2.5%7.0%29.0M-790.4M-3.7M0.776.7417,13113,262202,850210,281
2018-05-25$72.19$70.0020.5%5.1%18.8%26.6%18.8%1.7%6.1%30.1M-768.6M-3.8M1.854.4217,20931,776200,262214,546
2018-05-29$70.86$70.0025.1%5.7%19.4%52.0%21.0%3.4%-1.0%18.9M-570.4M-3.9M0.876.6312,03710,449196,849206,502
2018-05-30$72.17$70.0024.4%5.2%19.8%48.4%19.1%2.9%-1.0%24.2M-725.2M-3.8M0.565.5610,3685,821197,997210,665
2018-05-31$71.79$70.0025.0%5.4%19.9%51.5%20.0%2.9%-0.7%22.4M-679.1M-3.8M0.445.3012,6635,544199,192211,774