NKE Options History — July 2023

In July 2023, NKE traded between $104.73 and $110.09. ATM implied volatility averaged 22.4%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 3.0% (HV 20d: 25.4%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.78.

Notable Days

  • 2023-07-05: Highest Volume — 129,313 contracts
  • 2023-07-06: Largest IV spike — 6.1% change
  • 2023-07-06: Highest IV Rank — 8.1%
  • 2023-07-06: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.02$104.73$110.09$109.47$110.09
Max Pain$110.85$110.00$115.00$114.00$110.00
ATM IV22.4%21.1%23.5%21.5%23.2%
Expected Move6.4%6.0%6.7%6.0%6.6%
HV 20d25.4%18.0%33.2%33.1%18.5%
HV 60d28.5%28.1%28.8%28.5%28.4%
IV Rank4.5%0.3%8.1%1.7%7.2%
IV Percentile3.7%0.4%9.5%0.4%9.5%
Term Structure0.2%-0.6%0.8%0.1%-0.6%
VWIV22.8%21.5%23.8%21.6%23.1%
Skew 25d2.6%2.1%2.9%2.5%2.5%
Skew 10d5.0%4.2%6.0%4.9%4.6%
Call IV 25d21.6%20.3%22.6%20.3%22.1%
Put IV 25d24.2%22.9%25.3%22.9%24.7%
Bid-Ask Spread %1.931.262.862.512.86
Gamma HHI0.080.060.200.060.06
Net GEX-9.4M-48.2M15.8M-10.0M6.7M
Net DEX315.9M17.8M788.1M345.5M30.5M
Net VEX-7.4M-7.6M-7.2M-7.6M-7.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.262.230.810.43
Total Volume47,893.225,022129,31351,64764,756
Total OI559,488.55472,760616,867571,333487,483

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$109.47$114.0021.5%6.0%33.1%1.7%21.6%2.5%0.1%-10.0M345.5M-7.6M0.812.5128,52023,127287,334283,999
2023-07-05$106.84$113.0022.1%6.2%32.8%3.7%21.5%2.4%0.1%-31.9M617.1M-7.2M2.232.2140,01689,297294,046286,570
2023-07-06$105.16$115.0023.5%6.7%33.2%8.1%23.8%2.7%0.0%-41.5M758.9M-7.2M1.301.5936,31947,229306,520293,611
2023-07-07$104.73$115.0022.8%6.7%32.9%5.9%23.4%2.6%-0.0%-48.2M788.1M-7.3M0.971.7227,32926,487315,482301,385
2023-07-10$105.52$110.0023.0%6.7%32.7%6.5%23.8%2.9%0.2%-23.3M580.7M-7.3M0.791.7018,09214,271286,915289,475
2023-07-11$107.31$110.0022.6%6.7%33.2%5.3%22.9%2.8%0.8%-8.2M352.9M-7.5M0.811.5318,37114,878291,068292,008
2023-07-12$107.75$110.0021.3%6.0%33.2%1.0%23.0%2.7%-0.3%-3.1M292.9M-7.5M1.121.5119,66121,990293,504294,448
2023-07-13$108.03$110.0021.1%6.0%33.1%0.3%21.7%2.5%-0.3%258.0K239.7M-7.6M0.421.7832,70313,759298,475299,983
2023-07-14$107.88$110.0021.5%6.1%23.9%1.8%21.7%2.7%-0.3%-11.2M308.7M-7.4M0.761.6318,49414,096294,460300,323
2023-07-17$108.93$110.0022.1%6.3%24.2%3.7%23.7%2.8%0.5%-8.0M211.5M-7.5M0.601.2624,79714,880272,755292,350
2023-07-18$109.75$110.0021.8%6.2%23.9%2.6%21.9%2.7%0.1%6.1M81.6M-7.5M0.511.8027,43913,909279,753295,321
2023-07-19$110.06$110.0022.4%6.4%19.0%4.5%22.7%2.8%0.0%9.7M17.8M-7.5M1.071.7912,07612,946283,086298,863
2023-07-20$107.91$110.0022.7%6.5%20.0%5.4%23.7%2.5%0.3%-11.1M335.9M-7.3M0.261.8142,11710,771284,537300,252
2023-07-21$108.91$110.0022.2%6.3%20.3%4.0%22.4%2.1%0.3%15.8M200.3M-7.3M0.651.8028,26718,261298,400302,157
2023-07-24$108.75$110.0022.7%6.5%20.2%5.4%23.0%2.5%0.3%-3.9M203.1M-7.3M0.422.0839,10216,384230,559242,201
2023-07-25$108.25$110.0023.1%6.7%18.9%6.8%23.5%2.6%0.2%-3.0M243.5M-7.4M0.381.9528,04710,740241,808247,227
2023-07-26$109.09$110.0022.6%6.5%18.0%5.2%23.1%2.5%0.4%9.5M132.9M-7.5M0.792.2416,91813,323249,765251,081
2023-07-27$107.45$110.0023.4%6.7%18.5%7.9%23.2%2.7%0.6%-17.8M341.7M-7.4M0.552.4320,65711,439251,641256,166
2023-07-28$108.45$110.0022.1%6.2%19.0%3.7%21.7%2.4%0.8%-15.4M235.6M-7.4M0.642.4716,11110,285254,428260,332
2023-07-31$110.09$110.0023.2%6.6%18.5%7.2%23.1%2.5%-0.6%6.7M30.5M-7.6M0.432.8645,34919,407236,529250,954