NKE Options History — December 2020

In December 2020, NKE traded between $135.35 and $144.01. ATM implied volatility averaged 32.6%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 17.6% (HV 20d: 15.0%). Max pain ranged from $105.00 to $130.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.51.

Notable Days

2020-12-21: Highest Volume — 155,906 contracts
2020-12-21: Largest IV drop — 28.9% change
2020-12-18: Highest IV Rank — 27.0%
2020-12-18: Largest Expected Move — 11.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$139.45	$135.35	$144.01	$135.35	$141.32
Max Pain	$117.05	$105.00	$130.00	$130.00	$125.00
ATM IV	32.6%	24.8%	39.6%	35.5%	24.8%
Expected Move	9.2%	6.8%	11.6%	9.9%	6.8%
HV 20d	15.0%	11.5%	19.2%	19.2%	15.5%
HV 60d	23.7%	19.5%	27.3%	27.3%	20.3%
IV Rank	19.1%	10.3%	27.0%	22.4%	10.3%
IV Percentile	48.3%	13.5%	75.4%	63.5%	13.5%
Term Structure	-0.8%	-2.4%	1.2%	-0.5%	0.6%
VWIV	32.8%	24.6%	41.3%	34.8%	24.6%
Skew 25d	2.1%	0.2%	3.4%	1.7%	3.2%
Skew 10d	4.8%	2.1%	8.3%	6.4%	7.8%
Call IV 25d	32.5%	23.6%	41.2%	35.5%	23.6%
Put IV 25d	34.5%	26.5%	41.4%	37.2%	26.8%
Bid-Ask Spread %	8.69	1.85	22.64	8.21	2.30
Gamma HHI	0.15	0.09	0.24	0.10	0.22
Net GEX	48.5M	14.1M	85.2M	33.1M	44.4M
Net DEX	-1.20B	-1.65B	-968.8M	-1.08B	-1.13B
Net VEX	-4.7M	-5.2M	-4.4M	-4.5M	-4.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.22	0.93	0.52	0.33
Total Volume	44,796.682	17,837	155,906	19,515	17,837
Total OI	420,171.545	371,863	485,042	374,763	440,602

Daily Data (22 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
2020-12-01	$135.35	$130.00	35.5%	9.9%	19.2%	22.4%	34.8%	1.7%	-0.5%	33.1M	-1.08B	-4.5M	0.52	8.21	12,799	6,716	172,297	202,466
2020-12-02	$135.55	$130.00	35.2%	10.1%	17.9%	22.1%	36.4%	3.4%	-1.1%	36.1M	-1.12B	-4.4M	0.88	21.73	15,469	13,553	176,213	204,928
2020-12-03	$136.91	$105.00	33.9%	9.4%	16.8%	20.6%	33.8%	2.2%	-1.1%	46.6M	-1.23B	-4.5M	0.22	7.92	36,117	7,817	181,513	212,955
2020-12-04	$137.02	$110.00	36.2%	9.8%	16.4%	23.2%	36.1%	2.8%	-1.5%	52.8M	-1.05B	-4.6M	0.93	6.28	12,489	11,575	170,132	215,988
2020-12-07	$138.15	$110.00	35.4%	9.6%	16.5%	22.4%	34.5%	2.5%	-1.6%	39.5M	-1.09B	-4.4M	0.72	14.06	13,941	10,016	164,364	207,499
2020-12-08	$139.12	$110.00	35.8%	9.8%	16.4%	22.8%	35.1%	1.5%	-1.4%	44.0M	-1.15B	-4.4M	0.39	3.30	18,964	7,334	167,143	211,363
2020-12-09	$138.68	$110.00	35.6%	9.9%	13.5%	22.6%	35.0%	2.4%	-1.3%	43.7M	-1.11B	-4.5M	0.44	4.85	14,503	6,397	171,684	212,597
2020-12-10	$137.88	$110.00	36.4%	10.1%	14.0%	23.5%	38.8%	3.2%	-1.2%	38.6M	-1.04B	-4.5M	0.71	5.26	13,372	9,490	174,136	215,123
2020-12-11	$137.27	$115.00	38.2%	10.6%	12.6%	25.4%	37.8%	2.7%	-1.8%	14.1M	-981.0M	-4.7M	0.57	19.37	17,514	9,916	177,817	222,463
2020-12-14	$136.82	$115.00	37.8%	10.7%	11.6%	25.0%	37.6%	2.3%	-2.3%	30.7M	-968.8M	-4.5M	0.51	12.21	27,630	14,188	176,161	212,874
2020-12-15	$139.03	$115.00	37.1%	10.6%	12.2%	24.3%	37.5%	1.3%	-1.5%	40.1M	-1.18B	-4.4M	0.22	12.24	56,281	12,128	185,746	218,115
2020-12-16	$138.56	$115.00	37.1%	10.6%	11.5%	24.3%	37.9%	1.1%	-1.9%	52.1M	-1.26B	-4.9M	0.69	14.00	33,251	22,971	220,920	222,587
2020-12-17	$140.43	$115.00	37.3%	10.7%	12.1%	24.4%	37.6%	1.2%	-0.8%	60.5M	-1.44B	-5.0M	0.49	19.02	42,016	20,777	233,053	235,446
2020-12-18	$139.82	$115.00	39.6%	11.6%	12.3%	27.0%	41.3%	0.2%	-2.4%	37.0M	-1.35B	-5.2M	0.61	22.64	94,403	57,646	241,018	244,024
2020-12-21	$144.01	$120.00	28.1%	8.2%	15.4%	14.1%	29.2%	1.5%	0.1%	85.2M	-1.65B	-4.9M	0.42	2.81	109,855	46,051	224,390	215,064
2020-12-22	$142.37	$120.00	27.1%	7.8%	16.3%	13.0%	28.0%	1.8%	0.3%	70.1M	-1.33B	-5.2M	0.57	2.26	36,935	21,228	237,650	226,664
2020-12-23	$142.15	$120.00	25.6%	7.4%	16.3%	11.3%	26.2%	1.5%	0.3%	66.2M	-1.32B	-4.9M	0.38	2.97	21,813	8,253	239,692	232,978
2020-12-24	$141.56	$120.00	25.0%	7.0%	16.5%	10.6%	25.2%	2.1%	-0.3%	59.8M	-1.25B	-5.1M	0.38	3.89	18,973	7,223	244,003	234,457
2020-12-28	$142.72	$120.00	25.2%	7.1%	15.1%	10.8%	24.8%	2.1%	1.2%	65.0M	-1.30B	-4.8M	0.33	1.96	28,841	9,564	218,745	207,706
2020-12-29	$141.65	$120.00	25.0%	7.0%	15.5%	10.6%	25.3%	1.8%	0.7%	55.4M	-1.19B	-4.9M	0.43	1.98	14,759	6,400	224,137	211,538
2020-12-30	$141.57	$125.00	24.8%	6.9%	15.5%	10.3%	24.8%	2.8%	0.5%	53.0M	-1.14B	-4.9M	0.44	1.85	12,858	5,664	223,411	212,112
2020-12-31	$141.32	$125.00	24.8%	6.8%	15.5%	10.3%	24.6%	3.2%	0.6%	44.4M	-1.13B	-4.8M	0.33	2.30	13,443	4,394	226,098	214,504