NKE Options History — April 2019

In April 2019, NKE traded between $84.35 and $89.40. ATM implied volatility averaged 18.2%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 4.7% (HV 20d: 22.9%). Max pain ranged from $85.00 to $87.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2019-04-18: Highest Volume — 31,552 contracts
  • 2019-04-22: Largest IV spike — 5.6% change
  • 2019-04-02: Highest IV Rank — 8.6%
  • 2019-04-02: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$86.59$84.35$89.40$85.06$87.76
Max Pain$85.43$85.00$87.50$85.00$87.50
ATM IV18.2%17.4%18.9%18.6%17.6%
Expected Move5.3%5.0%5.5%5.5%5.1%
HV 20d22.9%13.6%27.3%27.0%15.4%
HV 60d19.4%18.7%19.9%19.9%19.9%
IV Rank6.0%3.4%8.6%7.6%4.0%
IV Percentile6.9%3.2%11.5%7.5%4.4%
Term Structure0.2%-0.2%1.0%0.3%0.3%
VWIV18.6%17.8%19.9%19.3%18.5%
Skew 25d2.7%2.5%3.1%2.6%2.9%
Skew 10d5.4%4.8%6.1%4.9%5.8%
Call IV 25d17.1%16.4%17.8%17.5%16.4%
Put IV 25d19.8%18.9%20.6%20.1%19.4%
Bid-Ask Spread %3.512.477.323.044.54
Gamma HHI0.110.080.150.080.11
Net GEX25.2M15.7M43.4M24.3M20.7M
Net DEX-468.0M-771.4M-309.5M-410.5M-414.4M
Net VEX-3.2M-3.5M-3.1M-3.4M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.261.460.890.26
Total Volume17,418.2388,35031,55212,82025,280
Total OI313,019.476250,516351,762336,817259,766

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$85.06$85.0018.6%5.5%27.0%7.6%19.3%2.6%0.3%24.3M-410.5M-3.4M0.893.046,7746,046182,228154,589
2019-04-02$84.41$85.0018.9%5.5%27.1%8.6%19.6%2.8%0.1%19.4M-335.2M-3.5M0.932.597,3886,835183,301156,482
2019-04-03$84.47$85.0018.7%5.4%27.0%7.8%19.0%2.6%0.1%21.6M-345.7M-3.4M1.402.846,4459,033185,718160,044
2019-04-04$85.19$85.0018.6%5.5%27.2%7.4%19.2%2.6%0.3%23.4M-409.6M-3.4M1.012.478,6638,769185,725163,519
2019-04-05$85.30$85.0018.1%5.4%27.1%5.6%18.9%2.5%0.3%32.1M-431.6M-3.4M0.742.628,8246,517186,742165,020
2019-04-08$84.77$85.0018.8%5.5%26.7%8.1%19.9%2.6%0.2%20.0M-360.6M-3.3M1.463.186,5749,601176,541155,937
2019-04-09$84.35$85.0018.8%5.4%26.7%8.1%19.2%2.6%0.2%15.7M-309.5M-3.3M1.242.825,5036,818178,041159,654
2019-04-10$84.87$85.0018.4%5.4%26.7%6.8%17.9%2.5%0.2%21.4M-371.1M-3.3M0.663.4710,9957,302178,885159,862
2019-04-11$84.99$85.0018.3%5.3%26.5%6.4%19.4%2.8%0.3%24.2M-390.9M-3.3M0.883.529,7398,588183,176160,695
2019-04-12$86.22$85.0017.8%5.3%27.1%4.8%18.3%2.5%1.0%36.8M-539.2M-3.3M0.662.7910,5827,009182,649160,108
2019-04-15$86.88$85.0017.8%5.1%26.8%4.6%18.8%2.9%0.4%38.2M-571.4M-3.2M0.603.3110,9506,566175,521155,398
2019-04-16$87.76$85.0017.7%5.1%27.1%4.3%18.2%3.0%0.1%43.4M-663.2M-3.1M0.743.4012,5069,248178,840158,010
2019-04-17$88.88$85.0017.4%5.0%27.3%3.4%18.0%2.6%0.2%38.9M-748.4M-3.1M0.537.3217,2689,165178,882160,097
2019-04-18$89.40$85.0017.5%5.0%27.0%3.7%17.8%2.9%0.4%25.4M-771.4M-3.1M0.832.6817,23514,317178,767163,308
2019-04-22$87.60$85.0018.5%5.3%13.6%7.2%18.2%2.6%-0.2%18.1M-426.7M-3.1M0.793.378,0386,324130,828119,688
2019-04-23$87.20$85.0018.2%5.2%13.8%6.1%17.8%2.9%-0.2%17.9M-398.8M-3.1M1.163.776,2897,267134,339122,244
2019-04-24$88.74$85.0018.2%5.2%14.6%6.2%18.6%2.8%-0.1%22.7M-521.9M-3.1M0.753.4610,7518,085135,807123,000
2019-04-25$87.65$86.5018.1%5.2%15.5%5.7%18.1%2.7%0.1%18.8M-436.6M-3.1M1.044.007,2257,541137,299123,787
2019-04-26$88.51$87.5017.8%5.1%15.2%4.7%18.3%2.7%-0.0%24.4M-511.7M-3.1M1.194.127,0138,360138,821125,327
2019-04-29$88.31$87.5018.0%5.1%15.3%5.4%18.0%3.1%0.2%21.1M-459.1M-3.1M0.674.435,0113,339132,341122,423
2019-04-30$87.76$87.5017.6%5.1%15.4%4.0%18.5%2.9%0.3%20.7M-414.4M-3.1M0.264.5420,1015,179135,290124,476