NKE Options History — April 2021

In April 2021, NKE traded between $126.53 and $136.86. ATM implied volatility averaged 23.1%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 4.7% (HV 20d: 27.9%). Max pain ranged from $130.00 to $135.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.60.

Notable Days

  • 2021-04-20: Highest Volume — 76,510 contracts
  • 2021-04-20: Largest IV spike — 13.4% change
  • 2021-04-20: Highest IV Rank — 16.7%
  • 2021-04-20: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$132.80$126.53$136.86$132.55$132.17
Max Pain$134.19$130.00$135.00$133.00$135.00
ATM IV23.1%20.7%25.0%24.8%24.5%
Expected Move6.6%6.0%7.2%7.0%6.6%
HV 20d27.9%26.0%31.9%27.8%27.8%
HV 60d27.4%26.7%29.0%26.8%26.8%
IV Rank5.8%0.0%16.7%1.6%15.9%
IV Percentile2.1%0.0%9.1%2.8%8.3%
Term Structure-0.0%-0.4%1.0%0.3%-0.3%
VWIV23.6%21.5%26.5%26.5%23.8%
Skew 25d1.2%-1.2%2.3%1.6%1.8%
Skew 10d3.5%0.4%9.2%2.3%4.1%
Call IV 25d23.1%20.9%25.5%25.5%23.0%
Put IV 25d24.2%19.7%27.1%27.1%24.9%
Bid-Ask Spread %17.124.2939.8018.534.34
Gamma HHI0.120.060.230.090.08
Net GEX41.0M-12.7M104.6M24.0M12.3M
Net DEX-330.6M-837.9M280.7M-325.3M-240.7M
Net VEX-6.1M-7.1M-5.6M-6.0M-7.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.271.170.541.17
Total Volume40,117.33320,60776,51039,73424,427
Total OI404,231.381334,722486,404415,438408,742

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$132.55$133.0024.8%7.0%27.8%1.6%26.5%1.6%0.3%24.0M-325.3M-6.0M0.5418.5325,86713,867242,958172,480
2021-04-05$135.04$130.0024.3%7.0%28.2%0.5%25.1%0.5%1.0%69.1M-607.9M-6.0M0.4111.8314,6145,993238,597156,305
2021-04-06$136.86$130.0023.8%6.9%28.2%0.0%24.9%0.7%-0.0%97.0M-837.9M-6.0M0.5626.5724,16613,440244,024158,138
2021-04-07$136.70$130.0022.8%6.6%28.1%0.0%23.4%1.0%-0.0%102.0M-805.5M-5.9M0.5329.6923,58212,431249,956158,881
2021-04-08$133.64$135.0023.9%6.7%28.9%4.7%24.2%0.6%-0.4%55.2M-424.9M-5.8M0.5934.2627,96116,622251,430159,818
2021-04-09$135.11$135.0022.2%6.3%27.4%0.0%23.1%1.0%0.1%97.4M-598.3M-5.8M0.5021.6925,14412,585263,125166,214
2021-04-12$136.49$135.0022.9%6.6%27.7%3.1%23.4%0.9%-0.1%104.6M-715.4M-5.7M0.2734.6329,6817,999251,870158,700
2021-04-13$133.94$135.0023.2%6.7%26.1%4.4%23.8%-0.7%0.5%61.8M-435.3M-5.6M0.2839.8054,43814,987258,238160,738
2021-04-14$131.96$135.0022.8%6.6%26.3%2.4%23.3%-0.3%0.3%24.5M-165.6M-5.6M0.4111.1734,95114,365282,730169,331
2021-04-15$133.78$135.0021.3%6.2%27.1%0.0%22.1%1.6%0.4%48.4M-427.5M-5.6M0.4628.0918,7508,647292,954173,967
2021-04-16$134.47$135.0020.7%6.0%27.0%0.0%21.5%-1.2%-0.4%84.9M-510.5M-5.9M0.385.4332,67312,312302,234184,170
2021-04-19$132.52$135.0022.1%6.3%26.0%5.2%23.0%1.2%0.1%24.7M-209.9M-5.9M0.979.8619,80619,137200,155134,567
2021-04-20$126.53$135.0025.0%7.2%30.3%16.7%25.3%2.0%-0.3%-12.7M280.7M-5.6M0.906.4540,31936,191208,171148,429
2021-04-21$129.82$135.0023.2%6.6%31.9%9.6%23.9%1.3%-0.2%5.3M-17.2M-6.2M0.515.0630,41115,433224,251162,041
2021-04-22$129.33$135.0024.3%7.0%30.9%14.7%25.1%2.0%-0.3%955.6K36.8M-6.4M0.8417.3019,77116,603229,803168,522
2021-04-23$130.19$135.0022.8%6.5%28.2%8.7%23.2%2.1%0.2%4.6M-51.4M-6.5M0.8913.3316,35614,606233,825177,099
2021-04-26$131.36$135.0023.1%6.6%26.6%9.7%23.3%1.8%-0.2%7.8M-154.3M-6.5M0.5014.6821,40410,683189,752170,342
2021-04-27$132.03$135.0022.9%6.5%26.4%8.9%22.0%1.8%-0.2%12.4M-228.8M-6.6M0.354.2916,7515,888192,951175,389
2021-04-28$130.80$135.0022.6%6.4%26.6%7.8%22.9%2.1%-0.2%5.1M-88.9M-6.6M0.8615.2918,19815,677200,426177,321
2021-04-29$133.51$135.0022.6%6.3%27.6%7.8%22.6%2.3%-0.4%32.4M-414.9M-6.9M0.797.2631,20824,520205,693184,522
2021-04-30$132.17$135.0024.5%6.6%27.8%15.9%23.8%1.8%-0.3%12.3M-240.7M-7.1M1.174.3411,25013,177215,460193,282