NKE Options History — August 2023

In August 2023, NKE traded between $97.70 and $110.20. ATM implied volatility averaged 26.5%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 9.3% (HV 20d: 17.3%). Max pain ranged from $108.00 to $115.00. Net GEX was positive for 3 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.85.

Notable Days

  • 2023-08-23: Highest Volume — 116,864 contracts
  • 2023-08-28: Largest IV spike — 11.7% change
  • 2023-08-29: Highest IV Rank — 35.2%
  • 2023-08-22: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.04$97.70$110.20$109.47$101.79
Max Pain$110.17$108.00$115.00$110.00$108.00
ATM IV26.5%23.4%32.1%23.4%32.0%
Expected Move6.9%5.9%7.4%6.5%5.9%
HV 20d17.3%15.7%20.5%18.3%19.4%
HV 60d26.3%23.9%28.0%28.0%23.9%
IV Rank17.7%7.7%35.2%7.7%35.1%
IV Percentile26.3%10.3%50.0%10.3%50.0%
Term Structure1.1%-1.5%7.2%-0.8%-1.4%
VWIV24.4%21.4%26.1%23.4%21.4%
Skew 25d3.0%2.3%4.1%2.7%4.1%
Skew 10d5.9%5.0%7.7%5.0%5.7%
Call IV 25d25.3%22.2%32.1%22.2%30.3%
Put IV 25d28.4%24.9%35.7%24.9%34.3%
Bid-Ask Spread %1.901.252.462.452.32
Gamma HHI0.100.060.320.060.08
Net GEX-25.4M-87.6M5.8M5.8M-21.7M
Net DEX549.4M54.3M1.11B107.2M617.1M
Net VEX-7.6M-7.9M-7.1M-7.6M-7.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.441.250.560.82
Total Volume43,107.17424,271116,86424,27150,721
Total OI557,385.174505,528627,052511,045627,052

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$109.47$110.0023.4%6.5%18.3%7.7%23.4%2.7%-0.8%5.8M107.2M-7.6M0.562.4515,6088,663252,200258,845
2023-08-02$107.62$110.0024.8%7.1%17.1%12.0%24.9%3.2%-0.9%-13.1M319.0M-7.6M0.882.4616,21714,323255,192261,935
2023-08-03$108.68$115.0024.6%6.8%16.3%11.5%24.2%2.9%-0.7%-1.6M207.8M-7.7M0.941.7213,93013,153256,852266,346
2023-08-04$108.56$115.0024.2%6.8%16.2%10.4%25.7%2.9%-0.4%-4.1M229.5M-7.7M0.841.7324,93120,863259,709269,941
2023-08-07$110.20$110.0023.9%6.9%16.7%9.5%24.2%2.8%0.2%4.9M54.3M-7.8M0.441.7235,20015,602250,395268,769
2023-08-08$109.55$110.0024.3%7.0%16.0%10.4%24.8%3.1%0.2%1.2M140.4M-7.9M1.251.5518,03322,538259,835277,520
2023-08-09$109.80$110.0024.4%7.0%16.0%11.0%24.9%3.0%-0.3%-1.2M124.7M-7.9M0.941.2513,73812,862261,894288,501
2023-08-10$108.63$110.0024.3%6.9%16.5%10.7%24.4%2.8%-0.2%-20.5M307.0M-7.8M0.551.4443,48324,035263,028290,724
2023-08-11$107.98$110.0023.8%6.7%16.7%9.1%24.3%2.9%-0.5%-26.8M415.7M-7.7M1.051.8015,05415,868265,609294,786
2023-08-14$107.57$110.0023.5%6.7%16.3%8.0%24.4%2.9%1.8%-31.3M450.4M-7.6M0.821.5618,74915,352248,758285,534
2023-08-15$106.41$110.0025.1%7.2%16.4%13.1%24.6%3.0%0.7%-39.6M588.1M-7.5M1.101.8415,94517,560255,385291,788
2023-08-16$106.85$110.0025.3%7.2%16.4%13.6%25.0%2.9%1.0%-38.4M516.0M-7.7M0.491.6017,2168,472258,502298,832
2023-08-17$104.92$110.0025.8%7.4%16.2%15.5%25.8%2.8%1.1%-60.7M776.7M-7.4M1.142.1513,02614,842260,435300,954
2023-08-18$104.66$110.0025.1%7.0%15.7%13.1%25.2%2.7%1.9%-87.6M820.2M-7.4M1.061.7720,91422,146263,286303,700
2023-08-21$103.05$110.0026.4%7.0%16.4%17.2%24.8%3.5%3.6%-37.8M798.3M-7.2M0.632.1228,95518,293231,303274,225
2023-08-22$101.25$110.0028.3%7.4%17.3%23.3%26.1%3.5%3.8%-38.0M918.0M-7.2M1.212.0225,53330,983248,939283,110
2023-08-23$98.66$110.0028.0%7.3%18.5%22.3%26.0%3.3%5.7%-43.8M1.11B-7.1M1.151.9354,40562,459259,403291,235
2023-08-24$97.70$110.0028.9%7.3%18.2%25.2%25.4%2.3%6.3%-34.0M1.11B-7.4M1.051.6628,34029,671286,970306,329
2023-08-25$98.91$110.0028.4%6.6%18.5%23.7%23.3%2.9%7.2%-24.0M997.6M-7.6M0.812.1229,07023,413298,509321,179
2023-08-28$99.47$110.0031.8%6.5%17.5%34.2%22.8%3.5%-1.5%-31.6M903.0M-7.6M0.681.8816,89211,411282,172316,465
2023-08-29$101.97$108.0032.1%6.3%20.5%35.2%22.9%3.1%-1.4%-21.8M578.8M-7.9M0.452.2929,13413,243286,069321,720
2023-08-30$102.30$108.0031.9%6.0%19.9%34.7%21.6%2.9%-0.9%-19.8M543.9M-7.8M0.582.2519,31811,301291,795324,129
2023-08-31$101.79$108.0032.0%5.9%19.4%35.1%21.4%4.1%-1.4%-21.7M617.1M-7.8M0.822.3227,93822,783298,133328,919