NKE Options History — February 2021

In February 2021, NKE traded between $135.34 and $145.29. ATM implied volatility averaged 30.9%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 1.4% (HV 20d: 29.5%). Max pain ranged from $135.00 to $140.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.49.

Notable Days

  • 2021-02-05: Highest Volume — 78,037 contracts
  • 2021-02-19: Largest IV spike — 16.3% change
  • 2021-02-25: Highest IV Rank — 19.0%
  • 2021-02-25: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$140.37$135.34$145.29$135.41$135.95
Max Pain$137.63$135.00$140.00$140.00$140.00
ATM IV30.9%26.2%39.5%31.7%38.5%
Expected Move9.1%7.4%12.4%8.7%11.9%
HV 20d29.5%26.0%32.6%26.0%26.6%
HV 60d21.6%20.4%23.1%20.4%22.8%
IV Rank10.5%6.0%19.0%13.0%17.8%
IV Percentile36.5%13.9%75.0%44.0%71.8%
Term Structure1.6%-3.1%8.1%-1.5%-1.5%
VWIV32.0%25.9%42.8%30.5%41.1%
Skew 25d1.8%-0.4%3.8%1.3%3.4%
Skew 10d3.9%0.8%8.3%7.5%7.8%
Call IV 25d30.8%25.9%41.1%33.3%38.1%
Put IV 25d32.6%27.8%42.9%34.6%41.5%
Bid-Ask Spread %32.7211.7146.2735.7134.64
Gamma HHI0.120.070.160.110.08
Net GEX46.2M14.1M75.3M20.2M22.4M
Net DEX-773.8M-1.29B-320.9M-357.3M-380.2M
Net VEX-5.7M-6.1M-5.4M-5.4M-5.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.310.890.460.50
Total Volume30,062.47412,32078,03725,26628,306
Total OI313,319.053284,031348,543284,031321,774

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-02-01$135.41$140.0031.7%8.7%26.0%13.0%30.5%1.3%-1.5%20.2M-357.3M-5.4M0.4635.7117,3557,911171,872112,159
2021-02-02$139.60$140.0026.7%7.4%28.2%7.0%27.1%1.4%2.6%42.8M-685.4M-5.5M0.4417.7619,5628,600176,382115,676
2021-02-03$138.95$140.0027.0%7.4%28.0%7.3%25.9%1.5%3.6%39.8M-601.5M-5.4M0.6811.718,6345,833177,211117,426
2021-02-04$140.14$135.0027.0%8.4%27.9%7.3%29.4%3.8%2.5%46.0M-716.6M-5.5M0.5038.0818,7969,318179,092119,173
2021-02-05$144.91$135.0027.7%8.2%29.8%8.2%29.1%1.7%0.4%66.7M-1.20B-5.6M0.3138.5859,63318,404187,501122,605
2021-02-08$142.99$135.0028.7%8.0%30.0%9.3%28.9%-0.4%-2.2%61.2M-1.01B-6.1M0.4442.1317,1697,632194,302118,396
2021-02-09$142.36$135.0026.2%8.1%30.0%6.4%28.6%1.5%2.1%59.5M-947.0M-6.0M0.4722.7611,7995,555197,298120,051
2021-02-10$141.96$135.0026.7%8.5%29.8%7.0%29.8%1.4%2.7%58.2M-914.8M-6.0M0.5833.1816,7419,720198,615122,322
2021-02-11$144.08$135.0027.4%8.2%29.8%7.9%28.9%2.7%1.5%75.3M-1.14B-5.9M0.3540.8515,0845,346201,594126,725
2021-02-12$142.00$135.0026.7%8.1%30.1%6.0%28.2%1.9%2.7%68.2M-904.3M-5.8M0.3340.5715,0744,993200,888127,321
2021-02-16$142.14$135.0028.0%8.1%30.0%7.5%29.4%1.1%8.1%59.7M-901.7M-5.7M0.8934.996,5185,802193,243122,189
2021-02-17$144.43$135.0028.6%8.2%30.2%6.3%29.7%1.5%5.6%65.9M-1.14B-5.5M0.6946.2724,82317,062194,886124,247
2021-02-18$145.29$140.0029.7%8.1%29.1%7.7%28.8%1.3%7.4%74.6M-1.29B-5.8M0.5939.5515,6679,242208,001136,038
2021-02-19$142.33$140.0034.5%9.9%30.1%12.8%35.1%0.9%0.9%40.4M-980.5M-5.8M0.3636.4438,07513,817209,983138,560
2021-02-22$136.92$140.0037.1%10.6%32.6%16.1%37.1%3.3%-1.9%24.9M-440.0M-5.8M0.5326.4019,72010,520176,949114,079
2021-02-23$136.65$140.0036.4%10.9%32.0%15.2%38.4%2.0%-1.4%20.2M-403.5M-5.8M0.5435.2521,48711,544179,657120,529
2021-02-24$135.56$140.0038.7%11.1%31.5%18.0%39.5%1.3%-3.1%18.4M-371.5M-5.9M0.3115.7024,5257,679188,273126,376
2021-02-25$135.34$140.0039.5%12.4%29.2%19.0%42.8%1.8%1.0%14.1M-320.9M-5.8M0.3731.0724,2938,948181,698129,971
2021-02-26$135.95$140.0038.5%11.9%26.6%17.8%41.1%3.4%-1.5%22.4M-380.2M-5.8M0.5034.6418,9309,376188,561133,213