NKE Options History — April 2020

In April 2020, NKE traded between $78.62 and $89.76. ATM implied volatility averaged 44.5%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded below realized volatility by 35.5% (HV 20d: 80.0%). Max pain ranged from $80.00 to $87.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.55.

Notable Days

  • 2020-04-17: Highest Volume — 26,580 contracts
  • 2020-04-24: Largest IV drop — 10.5% change
  • 2020-04-01: Highest IV Rank — 54.5%
  • 2020-04-01: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.99$78.62$89.76$79.22$86.87
Max Pain$84.45$80.00$87.50$87.50$87.50
ATM IV44.5%33.4%63.9%63.9%35.6%
Expected Move12.6%9.7%17.9%17.9%10.3%
HV 20d80.0%41.2%107.6%105.7%41.2%
HV 60d67.0%64.5%68.4%64.5%67.7%
IV Rank32.6%20.0%54.5%54.5%22.6%
IV Percentile88.5%82.1%95.2%95.2%83.7%
Term Structure-0.9%-4.9%1.2%-4.9%-0.3%
VWIV46.2%32.4%59.5%59.5%36.2%
Skew 25d12.0%8.1%26.9%15.3%8.1%
Skew 10d23.2%15.7%47.5%19.9%16.8%
Call IV 25d39.4%29.7%51.1%50.8%32.3%
Put IV 25d51.4%37.9%76.2%66.1%40.4%
Bid-Ask Spread %9.203.9223.2423.245.98
Gamma HHI0.070.060.140.060.06
Net GEX-5.9M-12.8M-1.9M-8.6M-8.6M
Net DEX166.1M-26.3M463.8M443.7M171.1M
Net VEX-4.6M-4.8M-4.4M-4.5M-4.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.722.641.270.99
Total Volume16,869.199,97726,58015,12413,525
Total OI354,053.429295,634396,828379,875328,374

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$79.22$87.5063.9%17.9%105.7%54.5%59.5%15.3%-4.9%-8.6M443.7M-4.5M1.2723.246,6618,463152,243227,632
2020-04-02$79.99$80.0058.8%15.6%105.6%48.7%57.3%26.9%-4.2%-8.0M405.7M-4.5M1.4419.288,39112,061153,850227,950
2020-04-03$78.62$80.0054.9%15.5%105.2%44.4%55.8%18.1%-0.7%-12.8M463.8M-4.4M1.9918.655,77011,466154,315231,901
2020-04-06$83.88$80.0049.5%13.4%107.6%38.2%50.9%10.3%-3.8%-6.8M256.1M-4.6M1.6019.389,80315,639148,876220,832
2020-04-07$85.22$82.5047.2%13.3%107.2%35.6%47.4%14.2%-0.9%-5.7M204.7M-4.8M1.3013.458,26010,721151,571227,861
2020-04-08$85.12$82.5044.3%12.8%106.1%32.4%47.8%13.1%0.1%-6.2M203.8M-4.7M2.109.384,1118,636155,031230,019
2020-04-09$86.92$82.5045.4%12.7%96.1%33.6%50.0%12.7%-1.5%-3.3M105.2M-4.8M2.6410.386,92618,256156,221233,833
2020-04-13$84.65$82.5045.7%13.0%96.8%34.0%48.4%12.7%0.2%-7.2M238.0M-4.6M1.998.383,8957,765152,014228,527
2020-04-14$87.50$82.5041.8%11.9%89.8%29.5%43.7%10.5%-0.3%-4.1M93.9M-4.6M1.005.786,9636,932153,163230,847
2020-04-15$85.08$85.0044.5%12.8%90.5%32.6%46.9%11.1%-0.3%-6.6M216.1M-4.5M1.927.584,7839,190155,658233,146
2020-04-16$86.26$82.5042.9%12.2%88.3%30.8%47.4%10.6%1.2%-3.6M156.4M-4.6M1.615.474,3717,058157,059235,520
2020-04-17$89.51$85.0041.1%11.8%87.1%28.8%43.3%9.8%0.2%-12.0M-26.3M-4.7M0.965.6313,55313,027158,220238,608
2020-04-20$88.10$85.0044.2%12.8%85.4%32.3%44.8%10.7%-0.7%-3.5M75.7M-4.6M1.125.147,9878,939110,169185,465
2020-04-21$85.54$87.0046.4%13.5%77.0%34.8%46.8%11.3%-0.3%-6.3M171.6M-4.7M0.904.948,1967,351114,162189,543
2020-04-22$89.23$86.5044.0%12.7%61.2%32.0%45.7%11.6%-1.0%-1.9M17.3M-4.8M1.384.915,8238,008118,052192,208
2020-04-23$87.88$87.0042.7%12.2%47.0%30.6%48.0%10.3%-0.7%-4.4M85.5M-4.8M2.576.275,16113,245120,052195,299
2020-04-24$88.83$87.0038.2%10.9%46.0%25.5%41.6%9.5%-0.2%-2.9M46.9M-4.7M2.073.924,5249,358122,015199,215
2020-04-27$89.76$87.0035.3%10.2%46.0%22.2%37.7%8.4%-0.2%-2.0M16.3M-4.7M2.054.805,89812,063118,447191,907
2020-04-28$89.15$87.0035.5%10.3%45.9%22.5%38.0%8.9%0.0%-3.8M50.7M-4.6M0.935.335,1744,803120,278195,896
2020-04-29$88.38$87.0033.4%9.7%45.2%20.0%32.4%8.2%-0.2%-5.3M90.9M-4.5M0.725.2012,4839,014121,831197,312
2020-04-30$86.87$87.5035.6%10.3%41.2%22.6%36.2%8.1%-0.3%-8.6M171.1M-4.6M0.995.986,7826,743127,312201,062