NKE Options History — May 2022

In May 2022, NKE traded between $106.98 and $125.39. ATM implied volatility averaged 40.5%, placing in the 64.9% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 7.0% (HV 20d: 47.6%). Max pain ranged from $130.00 to $140.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2022-05-26: Highest Volume — 89,193 contracts
  • 2022-05-31: Largest IV spike — 19.5% change
  • 2022-05-12: Highest IV Rank — 81.1%
  • 2022-05-12: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.18$106.98$125.39$125.39$119.23
Max Pain$137.14$130.00$140.00$135.00$130.00
ATM IV40.5%34.2%46.0%38.6%42.5%
Expected Move11.4%9.4%13.3%11.6%10.1%
HV 20d47.6%43.2%49.9%43.2%48.4%
HV 60d42.6%39.4%44.6%39.4%44.6%
IV Rank64.9%45.9%81.1%59.1%70.9%
IV Percentile88.1%76.2%96.0%88.5%89.7%
Term Structure1.2%-1.9%9.7%-0.7%-1.9%
VWIV40.1%33.2%48.2%41.0%36.4%
Skew 25d8.2%6.6%9.7%8.4%7.6%
Skew 10d17.2%15.1%20.1%15.4%16.2%
Call IV 25d37.1%28.6%44.9%34.7%40.6%
Put IV 25d45.4%36.4%52.3%43.2%48.2%
Bid-Ask Spread %7.112.4212.097.494.25
Gamma HHI0.080.050.110.050.08
Net GEX-10.9M-21.4M11.6M-2.1M11.6M
Net DEX1.09B56.8M1.57B549.3M56.8M
Net VEX-7.3M-9.4M-6.4M-8.8M-9.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.191.300.890.50
Total Volume44,009.47624,02989,19324,02940,049
Total OI527,573.476460,537585,616496,588531,876

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$125.39$135.0038.6%11.6%43.2%59.1%41.0%8.4%-0.7%-2.1M549.3M-8.8M0.897.4912,71811,311269,560227,028
2022-05-03$122.32$135.0037.6%11.5%43.7%56.2%39.3%8.3%-0.2%-8.6M810.7M-8.2M0.875.8123,96820,741272,624230,526
2022-05-04$125.35$135.0034.2%10.2%44.8%45.9%35.7%7.4%-0.7%-6.2M649.3M-8.3M0.3412.0937,20112,556271,247238,683
2022-05-05$117.72$140.0039.8%11.0%48.8%62.6%37.7%9.2%-1.1%-17.1M1.15B-7.6M0.626.9224,13115,016274,338240,271
2022-05-06$114.63$140.0041.8%11.5%49.0%68.6%39.8%9.7%-1.5%-20.3M1.31B-7.2M0.8110.7542,46734,590282,069243,637
2022-05-09$111.13$140.0045.0%12.6%49.8%78.4%42.7%9.5%-0.6%-16.4M1.36B-6.8M0.769.4717,85713,629271,176245,698
2022-05-10$109.42$140.0044.7%12.4%49.4%77.2%43.4%8.4%-1.5%-16.9M1.46B-6.6M0.597.5224,36514,303274,232249,998
2022-05-11$107.97$140.0044.7%12.3%49.4%77.4%42.6%8.4%-1.8%-16.1M1.52B-6.5M0.705.3217,79012,446280,396253,620
2022-05-12$107.41$140.0046.0%13.3%48.2%81.1%44.8%7.4%0.7%-15.8M1.53B-6.5M1.306.9718,10323,445284,380254,761
2022-05-13$112.85$140.0039.0%11.2%48.5%60.4%40.8%8.4%-0.3%-13.7M1.32B-7.2M0.416.9731,66712,883286,763267,719
2022-05-16$112.24$140.0039.8%11.5%48.3%62.7%38.4%7.6%1.0%-13.2M1.35B-6.9M0.666.2421,70414,230285,024264,373
2022-05-17$115.50$140.0036.6%10.5%46.7%53.1%36.9%6.9%2.1%-9.6M1.16B-7.4M0.5911.0426,59915,677288,838267,113
2022-05-18$108.96$140.0042.9%12.3%49.9%72.1%48.2%8.9%2.4%-16.4M1.46B-6.8M1.228.1220,43324,932294,533269,988
2022-05-19$106.98$140.0042.7%12.2%49.9%71.3%43.1%9.2%0.4%-21.4M1.57B-6.4M0.798.5124,75819,636299,532275,957
2022-05-20$107.52$135.0041.1%11.6%48.7%66.5%41.0%8.1%0.1%-15.6M1.55B-6.5M0.927.0325,99823,895305,067280,549
2022-05-23$107.96$135.0041.5%11.4%48.9%67.8%39.2%6.6%-0.4%-11.8M1.04B-6.6M0.635.3523,97915,182233,275227,262
2022-05-24$107.74$135.0042.0%11.6%45.7%69.4%40.0%9.3%3.0%-12.1M1.04B-6.7M0.586.5329,91017,447242,388234,974
2022-05-25$108.19$135.0038.5%11.5%45.6%58.8%39.3%8.3%8.0%-11.3M1.02B-6.9M0.555.8119,47910,690252,936242,914
2022-05-26$112.98$135.0037.0%10.4%45.8%54.2%37.3%7.7%8.5%-3.5M740.7M-7.4M0.194.6874,84414,349256,291246,146
2022-05-27$115.37$130.0035.6%9.4%46.6%50.1%33.2%7.7%9.7%6.7M272.8M-9.0M0.632.4224,08815,133311,628249,653
2022-05-31$119.23$130.0042.5%10.1%48.4%70.9%36.4%7.6%-1.9%11.6M56.8M-9.4M0.504.2526,65413,395294,655237,221