NKE Options History — August 2020

In August 2020, NKE traded between $97.19 and $112.47. ATM implied volatility averaged 29.0%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.0% (HV 20d: 22.1%). Max pain ranged from $97.50 to $105.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2020-08-10: Highest Volume — 81,004 contracts
2020-08-24: Largest IV spike — 11.2% change
2020-08-31: Highest IV Rank — 26.0%
2020-08-10: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$106.48	$97.19	$112.47	$98.50	$112.44
Max Pain	$101.31	$97.50	$105.00	$97.50	$105.00
ATM IV	29.0%	24.8%	38.7%	28.2%	38.7%
Expected Move	7.5%	6.7%	8.0%	7.8%	7.8%
HV 20d	22.1%	18.7%	24.4%	20.2%	21.4%
HV 60d	32.4%	29.8%	34.6%	33.9%	29.8%
IV Rank	15.1%	10.4%	26.0%	14.2%	26.0%
IV Percentile	51.5%	35.3%	78.2%	50.0%	78.2%
Term Structure	1.4%	-3.9%	7.5%	-1.7%	-1.1%
VWIV	26.3%	23.8%	28.3%	27.5%	26.9%
Skew 25d	3.2%	0.5%	6.6%	4.0%	2.9%
Skew 10d	5.2%	2.3%	7.6%	5.9%	5.6%
Call IV 25d	27.8%	24.5%	36.7%	27.3%	36.6%
Put IV 25d	31.1%	26.5%	39.5%	31.3%	39.5%
Bid-Ask Spread %	5.20	2.85	18.10	3.35	4.69
Gamma HHI	0.10	0.05	0.21	0.05	0.08
Net GEX	27.1M	-3.3M	49.3M	957.3K	30.2M
Net DEX	-580.0M	-849.5M	-46.6M	-135.5M	-726.2M
Net VEX	-4.4M	-4.7M	-4.0M	-4.6M	-4.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.24	0.88	0.72	0.33
Total Volume	30,067.714	15,199	81,004	18,189	16,006
Total OI	350,131	321,378	382,713	328,281	342,396

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2020-08-03	$98.50	$97.50	28.2%	7.8%	20.2%	14.2%	27.5%	4.0%	-1.7%	957.3K	-135.5M	-4.6M	0.72	3.35	10,571	7,618	137,808	190,473
2020-08-04	$97.19	$97.50	28.0%	7.7%	18.7%	13.9%	26.9%	3.6%	-0.6%	-3.3M	-46.6M	-4.6M	0.86	4.08	8,188	7,011	141,253	192,110
2020-08-05	$100.88	$97.50	29.9%	7.5%	22.6%	16.1%	27.3%	1.8%	-3.9%	14.2M	-321.9M	-4.5M	0.68	4.28	25,810	17,624	144,369	194,839
2020-08-06	$100.38	$97.50	26.7%	7.7%	21.5%	12.5%	26.3%	2.6%	-0.4%	13.6M	-288.8M	-4.5M	0.52	18.10	11,616	6,052	150,638	196,357
2020-08-07	$101.49	$97.50	26.9%	7.5%	21.5%	12.8%	26.0%	2.5%	-0.3%	18.1M	-377.8M	-4.5M	0.82	6.78	11,952	9,773	153,483	197,960
2020-08-10	$105.37	$100.00	27.4%	8.0%	24.4%	13.3%	28.3%	0.5%	0.6%	24.0M	-604.2M	-4.4M	0.43	6.27	56,626	24,378	149,267	191,006
2020-08-11	$105.26	$100.00	27.9%	7.9%	24.4%	13.8%	27.6%	3.8%	0.1%	24.5M	-570.5M	-4.4M	0.53	4.11	23,818	12,555	155,375	196,106
2020-08-12	$105.06	$100.00	25.8%	7.5%	24.0%	11.5%	25.8%	3.4%	0.4%	24.5M	-551.7M	-4.4M	0.56	4.88	14,796	8,357	156,825	199,924
2020-08-13	$106.37	$100.00	26.2%	7.6%	23.8%	11.9%	27.3%	4.0%	0.5%	31.3M	-651.5M	-4.4M	0.88	4.32	14,399	12,732	159,352	200,572
2020-08-14	$106.17	$100.00	26.4%	7.7%	23.2%	12.2%	28.3%	3.9%	0.7%	30.5M	-623.9M	-4.4M	0.62	2.98	14,829	9,145	161,726	205,518
2020-08-17	$105.69	$100.00	25.5%	7.4%	23.1%	11.1%	26.2%	2.5%	5.6%	30.7M	-570.3M	-4.2M	0.35	3.47	13,378	4,747	156,991	198,533
2020-08-18	$106.91	$100.00	26.0%	7.5%	21.8%	11.7%	26.0%	2.8%	4.8%	37.3M	-651.5M	-4.3M	0.55	8.93	13,389	7,304	159,267	200,414
2020-08-19	$108.62	$100.00	24.8%	7.1%	22.2%	10.4%	25.4%	2.3%	7.3%	45.8M	-809.1M	-4.0M	0.24	6.91	54,596	13,058	162,169	201,688
2020-08-20	$108.23	$105.00	26.2%	7.1%	22.0%	11.9%	25.9%	2.6%	7.3%	40.0M	-715.6M	-4.3M	0.39	3.97	17,336	6,816	168,148	204,978
2020-08-21	$109.41	$105.00	27.6%	7.1%	22.1%	13.5%	25.7%	1.6%	7.5%	49.3M	-849.5M	-4.2M	0.25	3.49	27,789	6,988	175,768	206,945
2020-08-24	$111.47	$105.00	30.7%	7.0%	21.5%	17.0%	24.2%	4.9%	0.3%	25.4M	-721.0M	-4.4M	0.26	6.26	35,226	9,064	148,198	173,180
2020-08-25	$111.44	$105.00	31.3%	6.7%	21.1%	17.7%	23.8%	5.4%	0.1%	30.8M	-755.8M	-4.3M	0.53	3.10	12,852	6,831	159,473	177,222
2020-08-26	$111.58	$105.00	33.0%	6.8%	21.1%	19.6%	24.4%	6.6%	0.5%	31.4M	-734.6M	-4.5M	0.38	2.85	13,674	5,250	162,714	180,536
2020-08-27	$111.13	$105.00	35.4%	7.5%	21.3%	22.4%	26.7%	3.1%	0.1%	30.3M	-710.5M	-4.7M	0.40	2.86	25,593	10,327	166,937	182,278
2020-08-28	$112.47	$105.00	36.7%	7.4%	21.3%	23.8%	26.0%	2.8%	1.1%	38.9M	-763.9M	-4.6M	0.27	3.47	18,439	4,909	164,873	185,082
2020-08-31	$112.44	$105.00	38.7%	7.8%	21.4%	26.0%	26.9%	2.9%	-1.1%	30.2M	-726.2M	-4.6M	0.33	4.69	12,071	3,935	162,490	179,906