NKE Options History — May 2021

In May 2021, NKE traded between $131.18 and $137.89. ATM implied volatility averaged 25.1%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 0.3% (HV 20d: 25.5%). Max pain ranged from $130.00 to $135.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 1.11.

Notable Days

  • 2021-05-07: Highest Volume — 77,903 contracts
  • 2021-05-12: Largest IV spike — 11.4% change
  • 2021-05-27: Highest IV Rank — 36.0%
  • 2021-05-12: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$134.83$131.18$137.89$133.09$136.75
Max Pain$133.10$130.00$135.00$135.00$135.00
ATM IV25.1%22.0%29.4%23.2%29.1%
Expected Move6.7%5.8%7.9%6.4%5.8%
HV 20d25.5%21.5%28.8%27.1%22.0%
HV 60d26.3%25.4%27.0%26.8%25.6%
IV Rank18.3%5.3%36.0%10.3%34.7%
IV Percentile18.2%0.8%50.8%5.2%46.8%
Term Structure1.3%-1.6%5.9%0.2%-1.6%
VWIV24.0%20.8%29.7%23.8%20.8%
Skew 25d3.0%1.3%4.2%4.2%3.1%
Skew 10d6.0%1.3%10.7%5.3%8.2%
Call IV 25d24.4%21.1%28.8%21.1%28.8%
Put IV 25d27.3%23.4%31.9%25.3%31.9%
Bid-Ask Spread %14.762.7340.988.566.37
Gamma HHI0.100.060.150.080.11
Net GEX24.0M653.7K56.5M19.5M33.5M
Net DEX-391.7M-972.3M-11.8M-321.2M-413.6M
Net VEX-6.6M-7.0M-6.1M-6.9M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.441.631.050.88
Total Volume30,243.5515,09977,90336,58231,069
Total OI391,052.4339,514421,395384,855384,862

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-05-03$133.09$135.0023.2%6.4%27.1%10.3%23.8%4.2%0.2%19.5M-321.2M-6.9M1.058.5617,88818,694200,780184,075
2021-05-04$131.18$135.0024.3%7.0%27.0%15.0%25.2%2.6%0.1%653.7K-94.0M-6.9M1.324.5914,10418,571205,799194,242
2021-05-05$132.47$135.0023.4%6.8%27.3%11.3%24.5%2.5%-0.2%12.5M-240.8M-6.9M1.045.4714,48615,068208,551199,025
2021-05-06$133.14$130.0023.4%6.8%26.2%11.1%24.5%3.8%-0.7%23.8M-302.7M-7.0M1.0930.018,7469,554210,881204,536
2021-05-07$137.89$130.0022.0%6.5%28.8%5.3%23.5%1.3%0.2%56.5M-972.3M-6.8M0.602.7348,68229,221213,073208,322
2021-05-10$137.07$130.0023.3%6.8%28.7%10.6%24.0%2.2%0.5%41.0M-679.2M-6.7M1.0815.2212,07213,048203,136186,650
2021-05-11$137.15$130.0023.6%7.1%27.8%12.1%25.0%2.8%0.7%40.4M-670.5M-6.8M1.1840.9813,24815,595205,324187,204
2021-05-12$134.10$130.0026.3%7.9%28.5%23.4%29.7%3.8%1.5%16.9M-307.3M-7.0M1.3339.178,12210,817208,731190,553
2021-05-13$134.29$130.0025.2%7.3%28.1%18.6%26.1%3.5%0.5%17.4M-310.7M-6.7M1.0117.4610,00510,086209,324193,041
2021-05-14$136.05$130.0022.7%6.7%28.4%8.1%24.5%2.9%1.1%26.0M-560.6M-6.5M1.2816.839,75012,502210,469195,067
2021-05-17$136.37$135.0024.1%7.0%27.9%14.1%24.8%2.4%5.8%41.5M-550.8M-6.6M1.5715.596,2669,828204,701185,554
2021-05-18$136.26$135.0023.7%6.8%21.5%12.4%23.9%3.1%5.9%40.0M-558.7M-6.4M1.4224.666,2528,847205,868190,862
2021-05-19$132.47$135.0026.3%7.5%22.7%23.3%25.8%3.7%2.4%758.2K-38.8M-6.5M1.5512.1611,20617,423206,700194,239
2021-05-20$133.58$135.0024.2%6.6%22.7%14.5%24.2%3.0%4.5%8.4M-155.5M-6.3M0.9419.2311,54710,908207,133201,141
2021-05-21$132.75$135.0024.7%6.5%22.8%16.5%23.4%3.0%5.7%672.6K-11.8M-6.3M0.9212.6426,61124,483209,270206,641
2021-05-24$134.07$135.0026.8%6.0%22.9%25.2%21.8%2.9%0.8%12.2M-274.0M-6.1M0.946.3211,84011,165171,066168,448
2021-05-25$134.19$134.0027.3%6.1%22.8%27.4%21.6%2.4%-0.5%14.9M-287.9M-6.2M0.996.927,7447,644175,997175,054
2021-05-26$136.81$134.0029.2%6.0%23.4%35.2%21.8%3.4%-0.7%35.4M-531.2M-6.3M0.447.2523,34210,245177,721176,875
2021-05-27$136.89$134.0029.4%6.1%22.4%36.0%21.3%3.3%0.4%37.7M-551.5M-6.2M1.633.0122,12936,063181,755178,378
2021-05-28$136.75$135.0029.1%5.8%22.0%34.7%20.8%3.1%-1.6%33.5M-413.6M-6.3M0.886.3716,51514,554185,332199,530