NKE Options History — March 2019

In March 2019, NKE traded between $82.31 and $87.94. ATM implied volatility averaged 26.3%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 7.6% (HV 20d: 18.7%). Max pain ranged from $82.50 to $85.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.92.

Notable Days

  • 2019-03-22: Highest Volume — 157,477 contracts
  • 2019-03-22: Largest IV drop — 24.9% change
  • 2019-03-08: Highest IV Rank — 51.4%
  • 2019-03-21: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.42$82.31$87.94$87.28$84.24
Max Pain$84.55$82.50$85.00$84.50$85.00
ATM IV26.3%19.1%30.9%27.2%19.1%
Expected Move6.4%5.1%7.6%5.1%5.5%
HV 20d18.7%13.6%28.4%13.6%27.5%
HV 60d26.3%20.0%30.6%30.6%20.1%
IV Rank35.1%9.2%51.4%38.3%9.2%
IV Percentile62.6%13.1%88.1%67.1%13.1%
Term Structure-1.1%-2.3%0.3%-1.2%0.3%
VWIV22.4%18.4%26.5%18.4%19.3%
Skew 25d3.6%1.1%4.6%3.9%2.6%
Skew 10d7.2%2.4%9.3%8.1%4.9%
Call IV 25d24.6%17.7%29.1%26.1%17.7%
Put IV 25d28.3%20.3%33.6%30.0%20.3%
Bid-Ask Spread %4.112.576.143.792.85
Gamma HHI0.120.060.270.160.07
Net GEX24.5M-17.1M50.5M50.5M23.4M
Net DEX-373.3M-641.6M36.4M-641.6M-393.5M
Net VEX-3.2M-3.6M-2.9M-3.1M-3.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.332.100.950.53
Total Volume37,952.47610,190157,47729,68727,708
Total OI305,086.238229,071392,272283,660392,272

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$87.28$84.5027.2%5.1%13.6%38.3%18.4%3.9%-1.2%50.5M-641.6M-3.1M0.953.7915,21314,474152,506131,154
2019-03-04$85.60$85.0029.3%6.1%15.7%45.9%21.0%4.3%-1.3%34.1M-418.1M-3.2M1.394.8111,87216,475147,716124,119
2019-03-05$85.80$84.5028.7%5.6%15.7%43.7%19.9%4.1%-1.2%36.4M-434.5M-3.2M2.103.804,85910,186152,010131,967
2019-03-06$85.31$84.5029.2%5.8%15.5%45.4%20.4%4.4%-1.2%31.0M-374.0M-3.2M1.053.695,9716,290152,705133,633
2019-03-07$85.31$84.5029.9%6.0%15.3%47.9%21.7%4.6%-1.4%29.9M-366.6M-3.2M2.053.034,3028,818153,622135,440
2019-03-08$84.65$85.0030.9%6.4%15.6%51.4%22.6%4.6%-2.1%18.8M-286.5M-3.2M1.723.786,26610,758154,180137,564
2019-03-11$85.84$85.0029.3%7.2%16.2%45.7%25.4%4.1%-1.1%32.5M-414.1M-3.1M0.693.948,1455,642145,905132,305
2019-03-12$85.55$85.0029.3%7.0%15.2%45.8%24.1%4.2%-1.8%30.9M-387.3M-3.1M0.635.046,2363,954149,731135,019
2019-03-13$86.05$85.0028.1%6.9%14.6%41.3%23.5%4.1%-1.7%37.0M-439.9M-3.0M0.836.145,9154,935150,788136,517
2019-03-14$86.70$85.0027.2%6.7%14.6%38.1%23.0%4.2%-1.7%46.8M-490.8M-2.9M0.724.948,7916,320151,572137,554
2019-03-15$86.63$85.0027.2%6.7%14.4%38.2%24.0%4.3%-2.1%15.0M-491.1M-2.9M0.873.5911,79110,244152,683139,461
2019-03-18$87.76$85.0026.4%6.8%14.9%35.6%23.7%3.7%-1.0%12.3M-429.5M-2.9M0.542.5721,51011,525109,690119,381
2019-03-19$87.47$85.0027.0%6.9%14.7%37.6%24.2%3.9%-0.9%14.1M-422.9M-3.0M0.333.8230,92310,049124,211125,978
2019-03-20$86.84$85.0027.9%7.1%15.0%40.7%24.9%3.7%-1.3%16.2M-412.8M-3.1M0.475.3128,98513,647141,300131,018
2019-03-21$87.94$85.0029.6%7.6%14.7%46.8%26.5%3.0%-2.3%23.7M-530.3M-3.3M0.645.7064,06941,180159,621138,130
2019-03-22$82.34$85.0022.2%6.4%28.0%20.4%22.3%1.1%-0.6%-17.1M36.4M-3.2M0.735.1391,21866,259193,511163,155
2019-03-25$82.31$85.0022.3%6.2%27.9%20.7%21.8%3.4%-0.0%5.2M-109.7M-3.4M1.213.7141,63950,175188,849142,986
2019-03-26$83.15$82.5020.9%6.1%28.0%15.8%21.0%2.5%-0.0%19.6M-236.8M-3.5M0.573.6026,73315,320208,763161,520
2019-03-27$83.01$82.5020.9%6.1%27.9%15.7%21.4%2.8%0.1%19.5M-217.9M-3.6M0.742.8919,84614,764214,986164,761
2019-03-28$84.12$82.5019.9%5.8%28.4%12.2%20.2%2.7%0.2%34.8M-377.3M-3.6M0.674.0920,41013,585217,845170,683
2019-03-29$84.24$85.0019.1%5.5%27.5%9.2%19.3%2.6%0.3%23.4M-393.5M-3.5M0.532.8518,1279,581218,860173,412