NKE Options History — February 2023

In February 2023, NKE traded between $117.70 and $129.97. ATM implied volatility averaged 31.3%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 10.9% (HV 20d: 20.4%). Max pain ranged from $115.00 to $125.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.03.

Notable Days

  • 2023-02-10: Highest Volume — 56,105 contracts
  • 2023-02-21: Largest IV spike — 25.6% change
  • 2023-02-22: Highest IV Rank — 56.4%
  • 2023-02-09: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.56$117.70$129.97$129.97$119.22
Max Pain$119.74$115.00$125.00$125.00$120.00
ATM IV31.3%24.6%40.1%24.6%39.5%
Expected Move8.0%7.2%8.6%7.2%8.0%
HV 20d20.4%17.8%22.5%19.9%22.5%
HV 60d35.4%33.4%40.5%40.5%33.9%
IV Rank25.4%1.6%56.4%1.6%54.0%
IV Percentile26.7%0.8%61.5%0.8%60.3%
Term Structure1.5%-2.4%8.9%-0.1%-2.0%
VWIV28.0%26.8%29.4%27.2%28.1%
Skew 25d4.8%4.2%5.7%4.3%5.7%
Skew 10d9.7%8.2%11.5%8.4%10.7%
Call IV 25d29.1%22.9%37.8%22.9%36.3%
Put IV 25d33.9%27.2%43.2%27.2%42.0%
Bid-Ask Spread %2.241.962.702.501.97
Gamma HHI0.090.070.230.080.07
Net GEX-7.3M-48.2M20.2M20.2M-8.3M
Net DEX-360.7M-1.04B256.2M-1.04B-25.9M
Net VEX-8.4M-8.6M-8.0M-8.0M-8.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.292.151.700.29
Total Volume39,199.15823,41156,10542,56146,577
Total OI527,185.316476,613569,599510,843531,605

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$129.97$125.0024.6%7.2%19.9%1.6%27.2%4.3%-0.1%20.2M-1.04B-8.0M1.702.5015,76826,793215,010295,833
2023-02-02$128.64$115.0025.7%7.4%20.0%5.5%27.2%4.5%-0.4%12.3M-855.3M-8.4M0.992.7018,97718,761217,880307,051
2023-02-03$127.11$115.0026.3%7.9%20.7%7.7%27.1%4.2%-0.2%-7.9M-666.0M-8.4M1.362.1114,36719,499220,603311,836
2023-02-06$125.52$120.0027.4%8.1%17.8%11.3%27.9%4.9%1.0%-2.3M-515.4M-8.4M0.992.3215,03314,882210,541295,343
2023-02-07$125.47$120.0027.1%8.0%17.8%10.5%28.5%4.5%0.8%-1.8M-516.8M-8.3M0.892.3718,84216,806216,289299,438
2023-02-08$122.56$120.0028.0%8.0%19.5%13.4%28.1%4.7%0.0%-12.8M-209.5M-8.6M1.002.0615,57215,500226,182305,572
2023-02-09$121.94$120.0029.3%8.6%18.4%18.2%29.4%4.9%1.2%-14.4M-148.9M-8.6M2.152.4713,40628,797231,371307,058
2023-02-10$122.28$120.0029.0%8.6%18.5%17.1%28.6%4.8%1.4%-13.8M-172.6M-8.6M1.292.4624,45431,651236,052312,684
2023-02-13$125.41$120.0029.4%8.5%20.3%18.5%29.4%4.7%6.3%983.7K-596.2M-8.6M0.722.1821,82515,810227,085308,801
2023-02-14$126.27$120.0027.8%8.0%20.4%12.9%27.5%4.6%6.5%7.6M-703.6M-8.5M1.292.4410,20313,208233,553315,035
2023-02-15$127.19$120.0027.4%7.8%19.8%11.4%27.3%4.2%7.2%13.3M-842.3M-8.4M1.032.3512,18412,597235,987317,731
2023-02-16$124.24$120.0028.5%7.7%21.2%15.2%26.8%4.7%8.5%-16.4M-395.8M-8.5M0.382.1938,08714,319239,945320,672
2023-02-17$124.52$120.0029.9%7.7%20.9%20.1%27.2%4.3%8.9%-19.4M-402.0M-8.5M1.261.9621,49627,187246,577323,022
2023-02-21$121.43$120.0037.5%8.3%21.7%47.1%28.8%5.3%-0.7%-10.4M-109.4M-8.3M0.952.1116,60115,791206,201270,412
2023-02-22$119.77$120.0040.1%8.2%21.9%56.4%28.9%5.4%-2.3%-13.6M42.8M-8.3M0.452.2030,73613,799212,828276,106
2023-02-23$119.85$120.0039.3%7.9%21.9%53.4%27.3%5.5%-2.4%-12.2M7.0M-8.5M1.802.0914,71326,499232,641280,881
2023-02-24$117.70$120.0039.4%8.0%22.4%53.8%28.2%5.3%-2.2%-48.2M256.2M-8.4M0.772.0225,32019,466236,566288,700
2023-02-27$118.56$120.0039.6%8.1%22.4%54.4%28.4%5.7%-1.9%-11.2M45.0M-8.2M0.292.0630,3188,940228,701274,729
2023-02-28$119.22$120.0039.5%8.0%22.5%54.0%28.1%5.7%-2.0%-8.3M-25.9M-8.5M0.291.9736,19910,378253,063278,542