NKE Options History — September 2023

In September 2023, NKE traded between $89.28 and $102.18. ATM implied volatility averaged 32.8%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 13.6% (HV 20d: 19.1%). Max pain ranged from $95.00 to $108.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.78.

Notable Days

  • 2023-09-29: Highest Volume — 336,770 contracts
  • 2023-09-29: Largest IV drop — 35.5% change
  • 2023-09-26: Highest IV Rank — 47.4%
  • 2023-09-28: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.15$89.28$102.18$102.18$95.53
Max Pain$102.78$95.00$108.00$108.00$95.00
ATM IV32.8%23.0%35.9%29.7%23.0%
Expected Move9.1%5.5%11.2%5.5%6.7%
HV 20d19.1%13.4%28.4%19.6%28.4%
HV 60d20.1%17.4%24.2%23.8%21.9%
IV Rank37.5%6.5%47.4%27.6%6.5%
IV Percentile52.2%9.1%61.9%44.4%9.1%
Term Structure-1.5%-2.2%1.0%1.0%0.1%
VWIV31.7%19.0%39.1%19.0%24.0%
Skew 25d2.9%2.3%3.4%2.3%2.8%
Skew 10d5.1%4.4%6.0%4.6%5.1%
Call IV 25d31.5%22.1%34.4%28.2%22.1%
Put IV 25d34.4%24.9%37.7%30.5%24.9%
Bid-Ask Spread %1.831.282.402.262.40
Gamma HHI0.090.060.120.110.08
Net GEX-36.3M-50.9M7.0M-13.5M7.0M
Net DEX889.1M169.9M1.11B586.9M169.9M
Net VEX-7.2M-7.9M-6.8M-7.9M-7.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.780.735.910.790.92
Total Volume83,111.132,487336,77043,242336,770
Total OI627,816.55526,586806,261644,773806,261

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$102.18$108.0029.7%5.5%19.6%27.6%19.0%2.3%1.0%-13.5M586.9M-7.9M0.792.2624,10719,135302,196342,577
2023-09-05$100.56$105.0031.8%8.6%18.9%34.5%30.2%2.4%-1.4%-32.4M688.5M-7.6M1.421.2816,88623,950287,214316,160
2023-09-06$100.27$105.0033.2%8.7%18.9%38.8%30.4%2.8%-1.8%-36.7M658.7M-7.6M4.111.4017,10570,237292,262315,410
2023-09-07$98.00$105.0033.6%8.9%19.8%40.1%30.6%2.8%-1.8%-50.9M962.7M-7.3M2.491.5017,97144,682298,429319,910
2023-09-08$97.59$105.0032.8%8.8%19.7%37.6%31.1%2.8%-1.7%-48.5M1.01B-7.2M1.641.9120,50733,625304,441321,841
2023-09-11$96.66$105.0032.0%8.6%19.7%35.1%29.9%2.7%-1.4%-48.3M1.03B-7.0M1.771.6824,83443,874300,352315,224
2023-09-12$96.36$105.0032.6%8.7%19.8%36.8%28.5%3.1%-1.8%-46.6M1.01B-7.0M2.861.8619,96457,061312,957317,759
2023-09-13$96.16$105.0032.2%8.9%19.7%35.8%28.5%2.9%-1.2%-47.7M1.03B-7.1M5.911.6417,896105,704322,230324,611
2023-09-14$97.35$105.0031.3%8.6%20.4%32.8%30.1%2.8%-1.5%-38.1M854.8M-7.4M2.301.7015,52035,658331,427330,144
2023-09-15$96.28$105.0032.1%8.8%19.9%35.5%30.9%2.8%-2.1%-41.5M1.02B-7.3M0.731.3618,73113,756335,502334,746
2023-09-18$95.38$105.0032.8%9.2%20.0%37.6%32.1%2.8%-1.4%-37.3M791.2M-7.0M1.241.6916,19420,044247,413279,173
2023-09-19$94.81$105.0033.1%9.4%19.6%38.4%33.1%2.7%-1.7%-40.1M839.7M-7.0M1.321.8715,74920,756255,747287,220
2023-09-20$93.91$105.0033.5%9.6%19.0%39.8%33.3%2.9%-1.7%-42.7M938.5M-7.0M0.902.1831,19828,105262,372298,402
2023-09-21$91.69$100.0035.2%10.2%18.7%45.1%35.2%3.1%-2.1%-35.2M1.05B-6.9M1.532.2319,06829,182281,508307,743
2023-09-22$90.88$100.0033.8%9.9%18.7%40.7%34.1%2.8%-1.8%-44.0M1.11B-6.8M1.171.9729,48834,421289,076312,351
2023-09-25$90.37$100.0035.6%10.8%17.7%46.4%38.4%3.3%-1.4%-31.1M1.02B-6.8M1.312.1539,59351,987273,747308,824
2023-09-26$90.13$97.5035.9%11.0%17.4%47.4%38.2%3.3%-1.7%-32.3M972.0M-7.1M0.791.6545,41736,042298,451336,896
2023-09-27$89.28$97.5035.5%11.0%13.4%46.2%38.1%3.1%-1.5%-35.2M1.06B-7.2M1.041.8537,68039,098327,188350,945
2023-09-28$89.61$97.5035.7%11.2%13.4%46.8%39.1%3.4%-2.2%-31.4M972.4M-7.3M1.292.1183,060107,167348,953358,669
2023-09-29$95.53$95.0023.0%6.7%28.4%6.5%24.0%2.8%0.1%7.0M169.9M-7.7M0.922.40175,145161,625391,720414,541