NKE Options History — August 2018

In August 2018, NKE traded between $77.61 and $82.95. ATM implied volatility averaged 19.5%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 3.5% (HV 20d: 16.0%). Max pain ranged from $77.50 to $80.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.89.

Notable Days

2018-08-20: Highest Volume — 28,053 contracts
2018-08-27: Largest IV spike — 20.1% change
2018-08-30: Highest IV Rank — 60.2%
2018-08-01: Largest Expected Move — 5.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$80.99	$77.61	$82.95	$77.61	$82.11
Max Pain	$78.48	$77.50	$80.00	$77.50	$80.00
ATM IV	19.5%	16.5%	27.0%	19.4%	26.5%
Expected Move	5.0%	4.6%	5.8%	5.8%	4.7%
HV 20d	16.0%	14.0%	18.8%	14.8%	15.9%
HV 60d	27.5%	27.1%	27.9%	27.7%	27.5%
IV Rank	18.2%	0.0%	60.2%	19.9%	57.4%
IV Percentile	21.7%	0.0%	75.8%	27.0%	73.4%
Term Structure	1.6%	-1.6%	9.2%	-0.1%	-1.6%
VWIV	17.8%	16.3%	20.7%	20.7%	16.9%
Skew 25d	2.3%	1.8%	3.4%	2.3%	3.4%
Skew 10d	4.6%	3.3%	6.9%	5.6%	6.9%
Call IV 25d	18.6%	15.5%	26.2%	18.6%	25.8%
Put IV 25d	20.9%	17.5%	29.2%	20.9%	29.2%
Bid-Ask Spread %	6.20	3.62	21.89	21.89	4.41
Gamma HHI	0.10	0.07	0.13	0.11	0.09
Net GEX	19.9M	9.4M	27.0M	17.0M	18.3M
Net DEX	-839.9M	-944.1M	-663.7M	-663.7M	-836.0M
Net VEX	-2.5M	-2.9M	-2.3M	-2.9M	-2.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.42	1.64	1.06	0.91
Total Volume	15,552.217	8,957	28,053	11,860	12,709
Total OI	341,789.435	315,762	352,041	337,557	351,456

Daily Data (23 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
2018-08-01	$77.61	$77.50	19.4%	5.8%	14.8%	19.9%	20.7%	2.3%	-0.1%	17.0M	-663.7M	-2.9M	1.06	21.89	5,765	6,095	161,443	176,114
2018-08-02	$78.69	$77.50	19.2%	5.6%	15.5%	18.7%	19.6%	2.4%	0.3%	19.1M	-751.5M	-2.7M	0.58	4.14	10,564	6,168	162,869	177,876
2018-08-03	$78.83	$77.50	18.7%	5.1%	15.5%	15.8%	18.6%	2.6%	-0.9%	19.2M	-775.4M	-2.7M	0.76	5.36	6,466	4,946	165,708	178,470
2018-08-06	$79.48	$77.50	17.8%	5.1%	15.3%	10.8%	18.6%	2.1%	0.1%	19.3M	-787.5M	-2.7M	0.58	6.02	10,087	5,877	161,875	176,220
2018-08-07	$80.61	$77.50	17.6%	5.1%	15.9%	9.5%	18.5%	2.0%	0.1%	23.0M	-882.4M	-2.7M	0.62	7.07	12,265	7,576	166,332	177,854
2018-08-08	$80.70	$77.50	17.4%	5.1%	15.9%	8.2%	17.5%	2.0%	-0.1%	22.6M	-895.3M	-2.5M	0.45	6.16	11,670	5,237	166,705	178,956
2018-08-09	$81.56	$77.50	17.0%	4.9%	16.1%	3.8%	17.6%	2.1%	-0.0%	24.5M	-944.1M	-2.6M	0.63	10.58	8,313	5,216	167,710	180,175
2018-08-10	$80.72	$77.50	18.1%	5.3%	16.7%	10.2%	19.0%	2.5%	-0.1%	22.1M	-874.5M	-2.7M	1.64	6.72	6,517	10,679	168,657	180,959
2018-08-13	$80.27	$77.50	17.6%	5.2%	16.9%	7.4%	18.7%	2.1%	0.6%	18.1M	-819.7M	-2.6M	0.90	3.78	6,523	5,890	165,111	179,368
2018-08-14	$80.19	$77.50	17.3%	5.0%	16.9%	5.3%	17.8%	2.1%	0.3%	17.5M	-820.0M	-2.5M	1.23	3.62	4,017	4,940	165,252	180,912
2018-08-15	$79.52	$77.50	18.1%	5.3%	16.7%	6.3%	18.8%	2.4%	0.3%	13.9M	-754.0M	-2.5M	1.16	6.89	5,378	6,253	165,515	182,423
2018-08-16	$80.00	$77.50	17.2%	5.0%	16.8%	1.1%	17.6%	2.3%	0.1%	13.3M	-804.3M	-2.5M	1.37	3.69	5,433	7,468	167,056	184,253
2018-08-17	$80.00	$77.50	16.5%	4.8%	16.8%	0.0%	16.5%	2.3%	0.3%	9.4M	-787.2M	-2.6M	0.64	8.10	14,353	9,123	167,532	184,509
2018-08-20	$82.20	$77.50	17.4%	5.0%	18.8%	4.9%	17.1%	1.9%	7.7%	18.7M	-870.8M	-2.3M	0.42	4.82	19,773	8,280	150,148	165,614
2018-08-21	$82.95	$80.00	16.7%	4.8%	17.7%	1.0%	17.0%	1.9%	8.2%	23.1M	-925.8M	-2.3M	0.82	3.69	10,525	8,621	157,458	168,937
2018-08-22	$82.66	$80.00	16.9%	4.8%	17.1%	2.2%	16.9%	1.8%	8.3%	22.9M	-907.0M	-2.4M	0.74	4.76	9,221	6,834	161,117	172,911
2018-08-23	$82.91	$80.00	18.9%	4.9%	16.5%	13.6%	18.3%	2.3%	8.7%	24.3M	-924.7M	-2.4M	1.11	4.15	6,329	7,053	163,591	174,565
2018-08-24	$82.55	$80.00	19.7%	4.6%	15.2%	18.3%	16.3%	1.9%	9.2%	23.3M	-879.9M	-2.5M	0.96	3.73	8,277	7,919	164,479	177,315
2018-08-27	$82.52	$80.00	23.6%	4.6%	14.3%	41.1%	16.6%	2.8%	-1.3%	22.9M	-871.1M	-2.3M	0.98	6.29	4,951	4,873	160,303	175,676
2018-08-28	$82.60	$80.00	24.9%	4.7%	14.1%	48.6%	16.7%	2.9%	-1.2%	24.3M	-874.6M	-2.3M	1.07	4.19	6,205	6,632	161,990	176,783
2018-08-29	$82.91	$80.00	26.1%	4.7%	14.0%	55.2%	16.9%	2.8%	-1.3%	27.0M	-899.0M	-2.3M	0.96	4.54	6,495	6,252	163,560	179,292
2018-08-30	$81.28	$80.00	27.0%	4.9%	15.6%	60.2%	16.9%	2.7%	-1.1%	13.8M	-770.1M	-2.5M	0.84	8.01	13,029	10,904	165,691	180,417
2018-08-31	$82.11	$80.00	26.5%	4.7%	15.9%	57.4%	16.9%	3.4%	-1.6%	18.3M	-836.0M	-2.4M	0.91	4.41	6,666	6,043	167,603	183,853