NKE Options History — July 2018

In July 2018, NKE traded between $75.57 and $78.21. ATM implied volatility averaged 19.6%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 20.7% (HV 20d: 40.4%). Max pain ranged from $70.00 to $77.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.68.

Notable Days

2018-07-02: Highest Volume — 39,379 contracts
2018-07-05: Largest IV drop — 8.4% change
2018-07-03: Highest IV Rank — 35.3%
2018-07-03: Largest Expected Move — 6.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$77.05	$75.57	$78.21	$78.12	$77.01
Max Pain	$76.79	$70.00	$77.50	$70.00	$77.50
ATM IV	19.6%	18.3%	22.1%	21.5%	20.1%
Expected Move	5.6%	5.2%	6.2%	5.9%	5.8%
HV 20d	40.4%	17.0%	43.2%	42.1%	17.0%
HV 60d	28.5%	27.9%	29.1%	28.6%	27.9%
IV Rank	21.7%	14.7%	35.3%	32.4%	23.4%
IV Percentile	31.7%	15.9%	53.6%	50.8%	38.1%
Term Structure	0.0%	-0.9%	0.8%	-0.3%	-0.6%
VWIV	19.7%	18.8%	22.0%	21.1%	20.2%
Skew 25d	2.5%	1.8%	3.1%	3.1%	2.6%
Skew 10d	5.2%	3.8%	6.6%	6.5%	5.0%
Call IV 25d	18.8%	17.4%	21.0%	20.0%	18.8%
Put IV 25d	21.3%	20.0%	23.8%	23.1%	21.4%
Bid-Ask Spread %	4.79	2.65	11.46	3.77	4.87
Gamma HHI	0.11	0.07	0.17	0.07	0.12
Net GEX	15.8M	11.0M	27.9M	13.4M	15.9M
Net DEX	-764.9M	-960.4M	-510.3M	-960.4M	-613.8M
Net VEX	-3.0M	-3.2M	-2.7M	-3.2M	-3.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.25	1.20	0.92	0.69
Total Volume	17,912.619	11,806	39,379	39,379	16,709
Total OI	382,500.762	319,049	427,339	418,236	336,465

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
2018-07-02	$78.12	$70.00	21.5%	5.9%	42.1%	32.4%	21.1%	3.1%	-0.3%	13.4M	-960.4M	-3.2M	0.92	3.77	20,508	18,871	203,106	215,130
2018-07-03	$76.28	$70.00	22.1%	6.2%	43.2%	35.3%	22.0%	2.8%	-0.3%	13.5M	-809.0M	-3.2M	1.14	11.46	13,235	15,023	203,585	217,286
2018-07-05	$76.53	$77.50	20.2%	5.6%	43.1%	25.1%	20.1%	2.8%	-0.1%	12.3M	-847.3M	-3.0M	0.87	9.15	11,074	9,599	205,363	218,348
2018-07-06	$76.50	$77.50	19.2%	5.4%	43.1%	19.4%	19.3%	2.5%	-0.2%	15.8M	-841.6M	-3.1M	0.81	5.17	9,434	7,597	207,567	219,772
2018-07-09	$77.36	$77.50	18.4%	5.3%	43.2%	15.0%	19.5%	2.5%	0.1%	14.0M	-838.4M	-2.9M	1.05	2.65	7,802	8,162	185,273	207,116
2018-07-10	$77.60	$77.50	18.3%	5.2%	43.2%	14.7%	18.8%	2.6%	-0.0%	14.6M	-858.7M	-2.9M	0.78	3.19	7,260	5,647	187,266	210,025
2018-07-11	$77.47	$77.50	18.7%	5.4%	43.1%	16.7%	19.4%	2.5%	0.0%	14.6M	-845.5M	-3.0M	1.20	2.75	5,361	6,445	188,539	211,000
2018-07-12	$77.36	$77.50	19.1%	5.3%	43.1%	19.1%	18.9%	2.5%	-0.5%	13.7M	-849.8M	-2.8M	0.27	3.76	22,974	6,213	189,029	212,737
2018-07-13	$77.39	$77.50	19.3%	5.5%	43.1%	20.0%	19.3%	2.8%	-0.1%	18.8M	-846.6M	-3.0M	0.67	4.72	7,906	5,292	194,624	214,038
2018-07-16	$77.69	$77.50	20.0%	5.7%	43.0%	23.8%	20.1%	3.0%	0.1%	14.5M	-863.5M	-2.9M	0.51	6.04	8,215	4,159	189,437	209,545
2018-07-17	$77.53	$77.50	19.6%	5.6%	43.0%	21.6%	19.7%	2.5%	0.2%	15.4M	-859.5M	-2.9M	0.38	4.48	10,107	3,840	191,931	210,839
2018-07-18	$76.71	$77.50	19.1%	5.5%	42.6%	19.3%	19.4%	2.9%	0.1%	16.0M	-795.5M	-2.9M	0.38	3.56	11,309	4,253	194,841	211,416
2018-07-19	$76.98	$77.50	19.4%	5.6%	42.5%	21.0%	20.6%	2.3%	0.0%	18.9M	-827.4M	-2.9M	0.64	3.86	8,687	5,529	197,157	211,446
2018-07-20	$77.01	$77.50	19.0%	5.4%	42.2%	18.6%	19.0%	2.3%	0.3%	13.6M	-822.3M	-2.9M	0.60	5.60	8,863	5,307	195,712	212,513
2018-07-23	$76.66	$77.50	20.2%	5.7%	42.2%	25.3%	19.7%	2.6%	0.1%	14.6M	-578.4M	-2.9M	0.51	6.12	8,346	4,232	150,797	168,252
2018-07-24	$75.57	$77.50	20.0%	5.7%	42.2%	22.7%	19.6%	2.1%	0.1%	11.0M	-510.3M	-2.9M	0.65	3.26	7,667	4,960	155,564	169,922
2018-07-25	$76.98	$77.50	19.0%	5.4%	42.6%	17.5%	19.2%	1.8%	0.4%	19.2M	-620.1M	-2.7M	0.65	4.26	7,901	5,163	158,094	171,678
2018-07-26	$78.21	$77.50	19.0%	5.4%	42.2%	17.6%	19.0%	1.9%	0.8%	27.9M	-710.0M	-2.8M	0.25	3.50	24,765	6,181	161,024	173,098
2018-07-27	$76.98	$77.50	19.5%	5.6%	42.8%	20.4%	19.4%	2.5%	0.8%	22.4M	-612.3M	-3.0M	0.54	4.65	12,557	6,774	165,043	174,740
2018-07-30	$76.15	$77.50	20.6%	5.9%	18.2%	26.3%	20.8%	2.6%	-0.9%	12.8M	-553.4M	-3.1M	0.74	3.77	7,043	5,195	160,732	172,466
2018-07-31	$77.01	$77.50	20.1%	5.8%	17.0%	23.4%	20.2%	2.6%	-0.6%	15.9M	-613.8M	-3.1M	0.69	4.87	9,873	6,836	162,507	173,958