NKE Options History — July 2019

In July 2019, NKE traded between $84.67 and $89.53. ATM implied volatility averaged 18.3%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 1.2% (HV 20d: 19.4%). Max pain ranged from $82.50 to $85.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.38.

Notable Days

  • 2019-07-01: Highest Volume — 38,933 contracts
  • 2019-07-17: Largest IV spike — 6.2% change
  • 2019-07-31: Highest IV Rank — 11.8%
  • 2019-07-31: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$87.25$84.67$89.53$85.31$86.51
Max Pain$84.70$82.50$85.00$82.50$85.00
ATM IV18.3%16.9%19.8%17.9%19.8%
Expected Move5.2%4.8%5.7%4.9%5.7%
HV 20d19.4%14.4%25.2%25.2%14.4%
HV 60d22.4%21.2%23.0%22.4%21.2%
IV Rank6.3%1.4%11.8%4.9%11.8%
IV Percentile12.8%1.2%28.6%7.5%28.6%
Term Structure0.2%-0.8%0.6%0.3%-0.2%
VWIV18.6%17.4%20.1%17.8%19.3%
Skew 25d3.0%2.6%3.3%2.8%3.3%
Skew 10d6.1%4.5%7.5%7.1%6.5%
Call IV 25d17.0%15.7%18.3%16.8%18.3%
Put IV 25d20.0%18.6%21.6%19.6%21.6%
Bid-Ask Spread %3.142.344.713.503.67
Gamma HHI0.120.060.320.090.08
Net GEX11.0M-21.7M47.0M26.0M-15.4M
Net DEX-335.9M-568.3M-135.8M-316.4M-159.9M
Net VEX-3.2M-3.3M-3.0M-3.3M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.472.800.920.70
Total Volume20,859.9559,96838,93338,93321,261
Total OI308,189.455250,989334,968319,002284,718

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$85.31$82.5017.9%4.9%25.2%4.9%17.8%2.8%0.3%26.0M-316.4M-3.3M0.923.5020,28418,649149,698169,304
2019-07-02$84.67$83.0018.2%5.0%21.6%6.2%17.4%2.6%0.1%11.9M-226.8M-3.3M1.813.739,66517,497148,562176,238
2019-07-03$86.10$83.0017.7%4.8%21.4%4.3%17.4%2.7%0.2%28.6M-373.7M-3.2M0.913.6310,2939,392151,586183,382
2019-07-05$86.69$85.0018.3%5.2%21.3%6.3%19.9%2.8%0.2%22.7M-422.2M-3.2M1.664.717,96113,192149,596184,593
2019-07-08$88.49$85.0018.6%5.5%22.1%7.6%19.4%2.8%0.6%29.1M-504.1M-3.1M0.792.6712,0939,527138,127165,064
2019-07-09$87.99$85.0018.7%5.5%21.7%7.9%18.7%3.0%0.5%27.9M-462.7M-3.2M1.313.208,60911,305141,457169,940
2019-07-10$87.72$85.0018.3%5.3%21.7%6.3%18.4%2.9%0.1%26.6M-437.7M-3.1M1.102.798,8849,756142,691171,811
2019-07-11$88.19$85.0017.6%5.1%21.3%3.8%18.0%2.9%0.3%32.2M-487.6M-3.1M1.692.607,98413,530145,231175,059
2019-07-12$88.99$85.0016.9%4.9%21.3%1.4%17.8%2.9%0.1%47.0M-565.7M-3.1M2.262.729,63221,779145,798181,194
2019-07-15$89.53$85.0017.3%5.0%21.4%2.7%18.3%3.1%0.5%38.3M-568.3M-3.0M1.082.428,5689,284140,381176,091
2019-07-16$88.77$85.0017.2%4.9%20.7%2.5%19.7%3.2%0.5%31.4M-487.4M-3.1M1.742.346,77011,772143,292181,560
2019-07-17$87.62$85.0018.3%5.2%19.8%6.4%18.7%3.2%0.5%13.5M-377.9M-3.2M1.153.556,7587,759145,970185,736
2019-07-18$87.26$85.0018.3%5.2%19.5%6.4%18.7%3.1%0.2%7.1M-335.2M-3.2M0.992.885,0024,966146,319187,099
2019-07-19$86.88$85.0017.7%5.0%18.6%4.3%17.9%3.0%0.6%-867.8K-299.0M-3.1M0.702.989,6246,728146,733187,904
2019-07-22$85.94$85.0018.5%5.2%19.0%7.2%17.9%3.1%0.2%-3.5M-139.4M-3.1M0.473.4310,2034,759103,597147,392
2019-07-23$86.70$85.0018.4%5.3%18.6%6.9%18.7%2.9%0.1%1.0M-203.6M-3.2M2.803.209,54126,712108,705149,692
2019-07-24$86.60$85.0018.5%5.3%16.0%7.3%18.9%3.0%0.5%-21.7M-135.8M-3.3M1.522.707,69011,703111,707175,506
2019-07-25$87.08$85.0018.5%5.3%16.0%7.1%18.5%3.2%0.2%-21.1M-179.6M-3.3M0.893.079,1168,108114,849182,350
2019-07-26$87.66$85.0018.5%5.2%15.7%7.0%18.2%3.2%0.1%-15.5M-251.3M-3.3M1.413.077,0459,919116,987183,464
2019-07-29$87.67$85.0019.0%5.4%15.6%8.9%19.2%3.1%-0.6%-12.2M-246.7M-3.2M2.163.316,22613,445112,448173,878
2019-07-30$87.08$85.0019.5%5.6%14.4%10.7%20.1%3.2%-0.8%-10.6M-209.2M-3.2M2.213.024,96510,963115,956168,503
2019-07-31$86.51$85.0019.8%5.7%14.4%11.8%19.3%3.3%-0.2%-15.4M-159.9M-3.2M0.703.6712,5288,733117,562167,156