NKE Options History — July 2021

In July 2021, NKE traded between $157.25 and $167.28. ATM implied volatility averaged 20.8%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 22.5% (HV 20d: 43.3%). Max pain ranged from $140.00 to $150.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2021-07-02: Highest Volume — 101,400 contracts
  • 2021-07-19: Largest IV spike — 16.4% change
  • 2021-07-19: Highest IV Rank — 17.4%
  • 2021-07-19: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$162.05$157.25$167.28$157.75$167.28
Max Pain$144.29$140.00$150.00$140.00$150.00
ATM IV20.8%19.2%23.9%21.3%20.8%
Expected Move5.8%5.2%6.9%5.7%5.3%
HV 20d43.3%14.0%52.5%52.5%14.0%
HV 60d34.7%33.6%36.4%36.4%33.6%
IV Rank4.2%0.0%17.4%2.4%6.7%
IV Percentile2.8%0.0%15.1%0.8%5.2%
Term Structure0.4%-0.4%2.4%0.4%0.7%
VWIV21.2%19.1%24.7%20.8%19.1%
Skew 25d1.7%0.4%3.0%0.4%2.0%
Skew 10d4.3%1.3%7.4%1.6%5.7%
Call IV 25d20.6%18.8%23.8%22.1%19.5%
Put IV 25d22.4%20.8%26.4%22.5%21.5%
Bid-Ask Spread %8.102.8325.923.0517.96
Gamma HHI0.230.110.630.200.22
Net GEX82.5M19.4M240.0M106.8M124.4M
Net DEX-2.21B-2.93B-1.10B-2.70B-2.24B
Net VEX-7.6M-8.9M-6.3M-7.0M-7.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.362.941.030.53
Total Volume55,245.57122,206101,40094,97041,173
Total OI502,435.429425,789580,559557,539469,530

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$157.75$140.0021.3%5.7%52.5%2.4%20.8%0.4%0.4%106.8M-2.70B-7.0M1.033.0546,75848,212294,358263,181
2021-07-02$159.75$140.0020.1%5.2%52.4%0.0%19.1%1.1%0.8%240.0M-2.93B-6.7M0.544.7765,97335,427300,441280,118
2021-07-06$160.04$140.0021.8%6.2%52.4%7.5%22.6%1.9%-0.4%79.5M-2.53B-6.8M1.473.6324,47436,019265,815248,250
2021-07-07$160.33$140.0020.8%6.0%52.2%3.2%21.7%1.5%0.1%82.6M-2.52B-7.0M1.2515.3223,99630,072269,061257,340
2021-07-08$160.38$140.0021.8%6.3%51.7%7.6%22.6%1.2%-0.2%79.4M-2.52B-6.9M1.1313.6021,93024,723269,197262,950
2021-07-09$161.12$140.0020.4%5.9%51.5%1.2%21.4%1.6%0.6%78.5M-2.62B-6.5M1.083.5829,29631,679270,605267,326
2021-07-12$161.81$140.0019.9%5.8%51.5%0.0%20.9%1.7%0.4%71.1M-2.50B-6.3M1.362.8317,99324,424252,571258,212
2021-07-13$161.64$140.0020.3%5.8%51.2%1.8%21.5%2.3%0.1%67.5M-2.45B-6.5M0.793.0230,62124,211257,080265,384
2021-07-14$161.76$140.0020.2%5.7%51.1%1.0%20.3%0.9%-0.1%58.5M-2.50B-6.7M0.823.1521,85317,821261,592271,819
2021-07-15$161.77$145.0020.3%5.9%51.1%1.9%20.7%2.2%0.4%54.3M-2.51B-7.3M0.974.0626,95726,229269,227277,794
2021-07-16$159.74$145.0020.5%5.9%51.3%2.7%20.8%3.0%0.0%19.4M-2.13B-7.7M0.4925.9259,83229,613281,039286,005
2021-07-19$157.25$145.0023.9%6.9%51.9%17.4%24.7%2.5%0.5%25.4M-1.10B-8.9M2.034.5826,57853,911216,150209,639
2021-07-20$159.84$145.0021.3%6.1%51.9%6.0%22.5%1.8%0.2%36.9M-1.41B-8.8M1.965.9316,97933,299229,360222,020
2021-07-21$160.72$145.0020.1%5.8%51.9%0.9%20.5%1.5%0.1%49.3M-1.60B-8.6M1.435.0915,62522,271237,500232,152
2021-07-22$163.42$145.0019.8%5.7%51.9%0.0%20.1%1.5%0.3%78.2M-1.88B-8.7M0.573.2848,84028,068235,738238,073
2021-07-23$166.28$150.0019.2%5.4%51.8%0.0%19.6%2.0%1.1%110.8M-2.23B-8.8M0.363.0039,93114,183245,664243,439
2021-07-26$165.08$150.0020.4%5.7%17.8%5.0%20.5%1.7%0.9%95.4M-1.97B-8.5M1.223.1815,84019,319231,122221,316
2021-07-27$164.61$150.0022.0%6.1%17.5%11.6%23.4%2.1%0.3%84.8M-1.88B-8.6M2.9417.209,44127,764233,830223,783
2021-07-28$165.64$150.0020.9%5.7%16.4%7.0%22.0%1.9%0.0%91.0M-2.01B-8.2M0.978.1711,26010,946234,554229,020
2021-07-29$166.78$150.0020.2%5.3%15.6%4.1%21.1%1.6%2.4%99.4M-2.15B-7.9M1.9418.889,06417,552234,513234,376
2021-07-30$167.28$150.0020.8%5.3%14.0%6.7%19.1%2.0%0.7%124.4M-2.24B-7.7M0.5317.9626,95814,215236,254233,276