NKE Options History — September 2018

In September 2018, NKE traded between $79.85 and $85.55. ATM implied volatility averaged 27.1%, placing in the 60.9% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 8.4% (HV 20d: 18.7%). Max pain ranged from $77.50 to $80.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.63.

Notable Days

2018-09-26: Highest Volume — 148,483 contracts
2018-09-26: Largest IV drop — 28.6% change
2018-09-04: Highest IV Rank — 78.9%
2018-09-25: Largest Expected Move — 8.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$83.23	$79.85	$85.55	$79.85	$84.62
Max Pain	$78.16	$77.50	$80.00	$80.00	$80.00
ATM IV	27.1%	19.5%	30.2%	30.2%	19.5%
Expected Move	7.4%	5.6%	8.9%	6.1%	5.6%
HV 20d	18.7%	18.0%	19.6%	19.0%	18.0%
HV 60d	25.7%	16.1%	28.4%	28.2%	16.1%
IV Rank	60.9%	17.2%	78.9%	78.9%	17.2%
IV Percentile	76.0%	27.4%	94.8%	94.8%	27.4%
Term Structure	-1.1%	-2.2%	0.8%	-2.2%	0.8%
VWIV	25.9%	19.5%	30.8%	21.5%	19.5%
Skew 25d	2.2%	1.3%	3.0%	2.8%	1.4%
Skew 10d	4.4%	2.7%	6.2%	6.2%	2.7%
Call IV 25d	26.1%	18.9%	28.8%	28.8%	18.9%
Put IV 25d	28.4%	20.3%	31.5%	31.5%	20.3%
Bid-Ask Spread %	5.23	3.27	9.17	5.33	4.84
Gamma HHI	0.11	0.06	0.27	0.08	0.14
Net GEX	28.0M	9.0M	45.1M	11.0M	33.4M
Net DEX	-997.6M	-1.20B	-674.1M	-674.1M	-1.12B
Net VEX	-3.0M	-3.4M	-2.5M	-2.7M	-3.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.35	1.05	1.05	0.71
Total Volume	50,964.053	21,159	148,483	88,903	43,371
Total OI	424,903.684	337,743	525,364	337,743	525,364

Daily Data (19 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
2018-09-04	$79.85	$80.00	30.2%	6.1%	19.0%	78.9%	21.5%	2.8%	-2.2%	11.0M	-674.1M	-2.7M	1.05	5.33	43,375	45,528	160,172	177,571
2018-09-05	$79.96	$80.00	29.5%	5.8%	18.2%	74.7%	20.5%	2.8%	-1.6%	9.0M	-677.3M	-2.9M	0.97	3.80	26,915	26,012	181,244	206,260
2018-09-06	$80.52	$77.50	29.2%	7.7%	18.4%	73.0%	26.9%	3.0%	-1.8%	16.5M	-759.5M	-2.9M	0.66	7.35	25,531	16,959	191,183	213,203
2018-09-07	$80.51	$77.50	28.7%	7.5%	18.0%	70.0%	26.2%	2.8%	-1.8%	28.1M	-783.3M	-2.9M	0.62	7.16	26,259	16,372	197,678	218,334
2018-09-10	$82.18	$77.50	28.9%	7.6%	19.1%	71.2%	27.0%	2.6%	-1.6%	28.1M	-934.8M	-3.0M	0.48	5.35	33,273	15,970	195,358	210,448
2018-09-11	$82.58	$77.50	28.8%	7.7%	19.0%	70.7%	27.3%	2.4%	-1.6%	29.2M	-976.6M	-3.0M	0.42	5.49	28,152	11,855	198,190	213,587
2018-09-12	$82.92	$77.50	28.5%	7.7%	19.0%	68.8%	27.4%	2.1%	-1.5%	34.8M	-1.03B	-2.9M	0.86	5.21	11,399	9,760	204,481	216,712
2018-09-13	$83.34	$77.50	27.9%	7.6%	18.6%	65.4%	27.2%	2.0%	-1.6%	38.8M	-1.08B	-2.9M	0.66	5.85	17,886	11,815	206,629	219,539
2018-09-14	$83.53	$77.50	27.5%	7.6%	18.6%	63.1%	26.9%	2.1%	-1.4%	45.1M	-1.12B	-2.7M	0.92	5.01	11,057	10,185	208,230	219,873
2018-09-17	$83.32	$77.50	27.6%	7.8%	18.6%	64.0%	27.6%	2.2%	-1.5%	31.9M	-1.03B	-2.6M	0.58	5.22	13,569	7,807	197,563	210,268
2018-09-18	$85.27	$77.50	27.5%	7.8%	18.0%	63.2%	27.6%	2.1%	-1.5%	29.1M	-1.20B	-2.5M	0.35	4.53	35,363	12,373	197,069	213,019
2018-09-19	$84.38	$77.50	27.7%	7.9%	18.3%	64.4%	27.7%	2.0%	-1.1%	28.0M	-1.09B	-2.8M	0.47	4.14	22,103	10,328	199,037	215,068
2018-09-20	$85.55	$77.50	27.7%	8.0%	18.7%	64.5%	28.2%	2.1%	-1.4%	29.5M	-1.20B	-3.0M	0.56	4.10	19,970	11,128	205,347	217,463
2018-09-21	$85.15	$77.50	27.6%	8.1%	18.9%	64.0%	28.2%	2.4%	-1.4%	32.8M	-1.17B	-3.0M	0.49	4.36	24,070	11,856	207,368	218,035
2018-09-24	$84.37	$77.50	28.6%	8.7%	19.1%	69.4%	29.9%	2.3%	-0.5%	16.6M	-965.3M	-3.1M	0.44	3.27	37,710	16,492	186,852	198,501
2018-09-25	$84.88	$77.50	29.0%	8.9%	19.2%	72.0%	30.8%	2.3%	-1.0%	23.2M	-1.05B	-3.2M	0.63	4.87	74,013	46,657	211,932	208,324
2018-09-26	$84.10	$80.00	20.7%	6.3%	19.6%	24.3%	22.3%	1.3%	0.4%	28.0M	-992.7M	-3.2M	0.56	9.17	95,003	53,480	258,511	243,464
2018-09-27	$84.39	$80.00	19.7%	5.7%	19.6%	18.6%	20.2%	1.6%	0.8%	39.3M	-1.09B	-3.4M	0.59	4.39	28,213	16,508	272,978	248,315
2018-09-28	$84.62	$80.00	19.5%	5.6%	18.0%	17.2%	19.5%	1.4%	0.8%	33.4M	-1.12B	-3.4M	0.71	4.84	25,435	17,936	274,949	250,415