NKE Options History — November 2019

In November 2019, NKE traded between $89.09 and $94.13. ATM implied volatility averaged 22.0%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 5.6% (HV 20d: 16.4%). Max pain ranged from $90.00 to $92.50. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.50.

Notable Days

  • 2019-11-15: Highest Volume — 62,754 contracts
  • 2019-11-18: Largest IV spike — 22.0% change
  • 2019-11-20: Highest IV Rank — 37.0%
  • 2019-11-20: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$91.65$89.09$94.13$89.09$93.47
Max Pain$90.92$90.00$92.50$91.50$92.50
ATM IV22.0%18.6%27.1%18.9%24.7%
Expected Move7.3%5.3%7.8%5.3%7.7%
HV 20d16.4%12.9%19.4%18.1%12.9%
HV 60d20.6%18.2%22.7%22.7%18.2%
IV Rank18.5%6.2%37.0%7.1%28.3%
IV Percentile36.9%13.9%59.9%17.1%55.6%
Term Structure1.1%-1.8%7.7%-0.3%-1.0%
VWIV25.2%18.2%27.3%18.2%27.3%
Skew 25d3.3%2.6%4.5%2.6%3.6%
Skew 10d6.5%4.9%9.8%5.4%6.8%
Call IV 25d20.4%16.1%25.1%17.6%23.0%
Put IV 25d23.7%19.0%29.6%20.3%26.6%
Bid-Ask Spread %3.842.485.592.673.91
Gamma HHI0.080.050.140.070.12
Net GEX20.7M-4.0M52.6M-4.0M13.0M
Net DEX-341.5M-658.5M-50.5M-50.5M-313.8M
Net VEX-3.1M-3.2M-3.0M-3.0M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.220.840.670.41
Total Volume24,335.959,36062,75420,6239,360
Total OI320,189.2302,425342,070311,828313,813

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-11-01$89.09$91.5018.9%5.3%18.1%7.1%18.2%2.6%-0.3%-4.0M-50.5M-3.0M0.672.6712,3538,270148,541163,287
2019-11-04$89.62$92.5020.0%7.2%18.2%11.3%24.8%3.0%-0.1%3.0M-125.3M-3.1M0.463.6320,0699,254144,115159,608
2019-11-05$89.91$90.0019.7%7.2%17.6%10.0%24.7%2.7%0.0%7.8M-180.1M-3.2M0.274.1913,2263,618153,946162,420
2019-11-06$89.60$90.0019.8%7.1%17.1%10.6%25.0%2.9%-0.1%5.8M-153.8M-3.2M0.844.1313,65111,450157,323163,055
2019-11-07$90.26$90.0019.1%7.3%17.3%8.0%25.9%3.0%0.2%15.4M-254.9M-3.2M0.404.8113,2855,303162,213162,325
2019-11-08$89.56$90.0018.9%7.0%16.6%7.4%24.8%2.8%0.1%-1.6M-164.9M-3.1M0.454.8410,2704,593162,788163,051
2019-11-11$89.98$90.0018.6%7.1%16.4%6.2%24.8%2.9%6.3%10.1M-226.2M-3.0M0.504.329,5864,781156,277157,694
2019-11-12$89.62$90.0019.1%7.2%16.4%8.2%24.6%2.9%6.1%7.0M-193.7M-3.1M0.593.2415,1938,918160,238160,400
2019-11-13$91.22$90.0018.7%7.5%17.9%6.5%25.5%3.0%7.6%27.8M-382.3M-3.1M0.323.5424,4687,790165,534162,581
2019-11-14$91.30$90.0019.9%7.3%17.7%10.9%26.0%2.8%6.8%29.6M-392.2M-3.1M0.305.5920,6486,096168,620164,924
2019-11-15$93.06$90.0020.2%7.2%18.8%11.8%23.3%2.9%7.7%39.7M-658.5M-3.0M0.284.5149,06413,690175,412166,658
2019-11-18$94.13$90.0024.6%7.5%19.4%27.9%26.5%4.1%-1.7%35.7M-633.3M-3.0M0.473.2225,91812,128151,245151,180
2019-11-19$93.63$90.0025.9%7.7%19.4%32.6%26.7%4.2%-1.6%35.9M-585.4M-3.1M0.725.0513,5299,776158,827159,746
2019-11-20$92.90$90.5027.1%7.8%14.5%37.0%27.3%4.5%-1.8%30.1M-487.5M-3.2M0.693.4013,1449,040161,826166,118
2019-11-21$92.31$91.5026.6%7.7%14.4%35.2%26.4%3.9%-1.7%23.3M-387.7M-3.2M0.464.0915,2147,027159,845170,089
2019-11-22$93.06$92.5025.1%7.3%14.4%29.8%24.8%4.1%-1.5%28.9M-437.2M-3.1M0.613.3214,2338,683157,835173,990
2019-11-25$92.87$92.5024.7%7.5%14.4%28.2%26.1%3.2%-0.7%23.3M-357.8M-3.0M0.613.1612,9477,908142,176164,628
2019-11-26$93.29$92.5024.4%7.5%13.1%27.1%27.0%3.5%-0.9%30.1M-389.2M-3.0M0.782.489,0857,115146,170168,287
2019-11-27$94.06$92.5024.3%7.4%13.1%26.7%24.5%3.4%-0.9%52.6M-455.7M-3.0M0.222.6721,3904,646146,541170,458
2019-11-29$93.47$92.5024.7%7.7%12.9%28.3%27.3%3.6%-1.0%13.0M-313.8M-3.1M0.413.916,6262,734142,247171,566