NKE Options History — December 2021

In December 2021, NKE traded between $156.74 and $171.37. ATM implied volatility averaged 32.6%, placing in the 58.5% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 9.3% (HV 20d: 23.4%). Max pain ranged from $140.00 to $165.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.05.

Notable Days

2021-12-21: Highest Volume — 174,951 contracts
2021-12-21: Largest IV drop — 38.4% change
2021-12-01: Highest IV Rank — 100.0%
2021-12-20: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$166.82	$156.74	$171.37	$168.22	$167.15
Max Pain	$146.14	$140.00	$165.00	$165.00	$145.00
ATM IV	32.6%	20.6%	42.8%	40.4%	21.2%
Expected Move	8.7%	5.8%	11.7%	9.6%	5.8%
HV 20d	23.4%	17.1%	29.5%	26.9%	28.0%
HV 60d	25.0%	22.5%	25.9%	25.9%	24.7%
IV Rank	58.5%	7.6%	100.0%	100.0%	10.1%
IV Percentile	69.0%	12.3%	100.0%	100.0%	17.9%
Term Structure	-0.9%	-2.7%	0.9%	-1.6%	0.8%
VWIV	31.2%	21.1%	41.6%	35.4%	21.7%
Skew 25d	3.4%	2.4%	6.2%	4.3%	2.4%
Skew 10d	7.8%	4.9%	15.2%	8.7%	6.0%
Call IV 25d	31.8%	20.2%	42.3%	39.0%	20.2%
Put IV 25d	35.3%	22.5%	47.2%	43.3%	22.5%
Bid-Ask Spread %	9.48	2.08	28.69	13.93	2.46
Gamma HHI	0.12	0.05	0.31	0.11	0.11
Net GEX	29.9M	-34.7M	61.5M	37.1M	45.3M
Net DEX	-1.20B	-1.62B	-390.6M	-1.34B	-1.24B
Net VEX	-9.9M	-10.8M	-9.3M	-10.6M	-9.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.05	0.42	2.02	1.74	0.77
Total Volume	54,170.682	19,193	174,951	37,178	19,193
Total OI	521,738.409	449,046	559,927	520,104	506,168

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
2021-12-01	$168.22	$165.00	40.4%	9.6%	26.9%	100.0%	35.4%	4.3%	-1.6%	37.1M	-1.34B	-10.6M	1.74	13.93	13,579	23,599	274,823	245,281
2021-12-02	$170.20	$165.00	40.4%	9.4%	25.1%	100.0%	34.6%	4.8%	-1.2%	46.2M	-1.51B	-10.7M	1.68	15.20	15,081	25,276	276,915	250,133
2021-12-03	$168.72	$165.00	42.8%	10.6%	24.7%	100.0%	36.8%	4.9%	-1.6%	33.2M	-1.29B	-10.8M	1.35	17.15	14,869	20,113	278,432	257,793
2021-12-06	$168.97	$140.00	41.3%	10.7%	23.8%	93.5%	37.3%	4.4%	-2.4%	37.2M	-1.35B	-10.5M	0.42	11.71	44,854	18,732	264,760	250,335
2021-12-07	$171.37	$140.00	39.6%	10.3%	21.4%	86.8%	36.4%	3.3%	-1.9%	47.2M	-1.62B	-10.2M	0.63	15.27	28,751	18,168	264,005	255,258
2021-12-08	$170.26	$140.00	37.5%	9.9%	21.2%	77.8%	36.4%	2.6%	-1.3%	47.5M	-1.51B	-10.3M	0.86	4.82	22,019	18,963	271,570	256,726
2021-12-09	$168.61	$140.00	36.2%	9.7%	18.2%	72.6%	34.9%	3.3%	-1.3%	36.7M	-1.34B	-10.0M	1.22	6.43	23,837	29,190	275,385	260,339
2021-12-10	$168.90	$140.00	34.7%	9.2%	18.1%	66.1%	32.6%	3.1%	-1.7%	38.7M	-1.37B	-9.8M	1.19	5.25	21,104	25,097	279,774	266,118
2021-12-13	$167.80	$140.00	35.8%	9.6%	17.9%	70.8%	34.8%	4.2%	-1.7%	30.6M	-1.25B	-9.8M	2.02	7.77	19,277	39,028	268,271	257,323
2021-12-14	$165.53	$140.00	37.3%	10.1%	18.5%	77.1%	35.0%	2.9%	-1.4%	15.8M	-1.03B	-9.8M	1.29	8.72	17,485	22,535	271,565	261,170
2021-12-15	$163.48	$145.00	35.9%	9.8%	17.2%	71.1%	35.8%	3.1%	-1.4%	-2.3M	-808.7M	-9.8M	1.79	28.69	11,802	21,171	272,724	263,609
2021-12-16	$163.25	$145.00	38.0%	10.3%	17.1%	79.9%	36.5%	2.9%	-2.3%	-4.7M	-789.4M	-9.8M	1.16	26.04	21,411	24,834	275,231	267,160
2021-12-17	$161.89	$145.00	37.5%	10.3%	17.2%	77.6%	36.9%	2.9%	-2.7%	-34.7M	-666.1M	-9.7M	1.46	19.19	21,430	31,276	279,519	269,730
2021-12-20	$156.74	$145.00	41.8%	11.7%	18.1%	95.5%	41.6%	6.2%	-2.0%	502.4K	-390.6M	-9.9M	1.23	8.88	60,030	73,693	217,337	231,709
2021-12-21	$166.44	$145.00	25.7%	7.4%	29.5%	28.9%	26.3%	2.9%	0.4%	36.9M	-1.24B	-9.6M	0.76	3.28	99,281	75,670	248,668	270,624
2021-12-22	$165.56	$145.00	24.0%	6.9%	29.0%	21.7%	24.4%	3.3%	0.1%	28.3M	-1.11B	-9.5M	0.55	2.32	57,617	31,448	270,415	278,362
2021-12-23	$166.06	$145.00	22.3%	6.4%	29.0%	14.7%	22.5%	2.8%	0.1%	31.4M	-1.20B	-9.5M	0.63	2.59	29,092	18,201	278,028	281,899
2021-12-27	$167.37	$145.00	21.8%	6.0%	28.3%	12.6%	22.0%	2.9%	0.6%	41.8M	-1.29B	-9.3M	0.55	2.08	22,063	12,230	243,045	242,282
2021-12-28	$166.73	$145.00	21.8%	5.9%	28.0%	12.4%	21.3%	3.1%	0.9%	37.5M	-1.21B	-9.4M	0.58	2.19	19,109	11,043	247,741	244,643
2021-12-29	$169.09	$145.00	21.0%	5.8%	28.5%	9.2%	21.8%	2.8%	0.7%	61.5M	-1.46B	-9.3M	0.60	2.52	26,624	16,094	250,424	247,575
2021-12-30	$167.80	$145.00	20.6%	5.8%	28.3%	7.6%	21.1%	2.4%	0.9%	45.2M	-1.33B	-9.3M	0.52	2.10	17,722	9,164	253,011	252,365
2021-12-31	$167.15	$145.00	21.2%	5.8%	28.0%	10.1%	21.7%	2.4%	0.8%	45.3M	-1.24B	-9.3M	0.77	2.46	10,868	8,325	253,193	252,975