NKE Options History — November 2023

In November 2023, NKE traded between $100.59 and $110.44. ATM implied volatility averaged 25.9%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 4.9% (HV 20d: 30.8%). Max pain ranged from $97.50 to $105.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.94.

Notable Days

  • 2023-11-29: Highest Volume — 51,926 contracts
  • 2023-11-20: Largest IV spike — 12.5% change
  • 2023-11-28: Highest IV Rank — 42.4%
  • 2023-11-01: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.14$100.59$110.44$100.59$109.91
Max Pain$104.40$97.50$105.00$97.50$105.00
ATM IV25.9%21.2%32.0%23.5%31.1%
Expected Move6.3%5.6%6.9%6.9%5.8%
HV 20d30.8%23.5%33.9%27.2%23.5%
HV 60d26.8%25.2%27.5%25.2%26.4%
IV Rank19.1%0.8%42.4%9.8%39.2%
IV Percentile32.3%0.8%67.5%19.0%63.5%
Term Structure1.4%-2.0%8.3%-0.1%-1.7%
VWIV22.5%19.8%24.9%24.9%20.6%
Skew 25d3.1%2.5%3.9%3.9%3.3%
Skew 10d6.2%4.9%7.7%7.7%6.9%
Call IV 25d24.7%19.7%30.8%22.0%30.3%
Put IV 25d27.8%22.9%34.0%25.9%33.6%
Bid-Ask Spread %3.322.564.633.472.93
Gamma HHI0.080.060.120.060.08
Net GEX14.9M-15.1M37.3M-15.1M28.6M
Net DEX-444.5M-823.7M132.9M132.9M-572.2M
Net VEX-8.2M-8.5M-8.0M-8.5M-8.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.381.410.890.38
Total Volume32,210.38115,93151,92621,49837,687
Total OI616,025.762576,837662,510599,006624,729

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$100.59$97.5023.5%6.9%27.2%9.8%24.9%3.9%-0.1%-15.1M132.9M-8.5M0.893.4711,39510,103273,038325,968
2023-11-02$105.02$100.0022.1%6.5%30.7%4.4%23.8%3.3%0.0%14.3M-391.2M-8.4M0.903.2917,60315,906273,126324,202
2023-11-03$107.03$105.0021.2%6.5%31.1%0.9%22.9%3.2%0.5%33.4M-626.2M-8.4M0.882.6922,15819,576279,673330,209
2023-11-06$107.28$105.0021.6%6.5%31.0%2.5%22.5%3.4%1.1%19.1M-566.2M-8.3M1.412.987,95911,214274,052325,318
2023-11-07$109.31$105.0021.4%6.2%31.4%1.5%23.1%3.2%0.1%27.1M-796.8M-8.2M0.703.5923,28816,201276,938329,804
2023-11-08$109.34$105.0021.2%6.2%31.4%0.8%22.6%3.0%0.2%29.7M-823.7M-8.3M1.072.8514,67015,657284,624335,745
2023-11-09$107.03$105.0022.9%6.8%32.7%7.6%23.9%3.6%1.2%14.7M-496.2M-8.4M1.383.8120,14127,891287,477336,733
2023-11-10$106.15$105.0022.6%6.6%33.0%6.2%23.3%3.1%0.9%3.0M-358.2M-8.5M1.283.0916,48821,138296,769349,339
2023-11-13$104.47$105.0023.0%6.6%32.7%8.0%23.1%3.2%7.9%-3.9M-137.1M-8.3M0.902.5617,37315,685289,864339,735
2023-11-14$106.19$105.0023.2%6.7%33.0%8.6%22.9%3.0%7.1%8.7M-370.5M-8.3M0.612.6520,79512,729295,245345,607
2023-11-15$108.07$105.0022.5%6.5%33.5%5.9%23.3%2.7%8.1%29.6M-640.7M-8.4M0.963.1517,29016,649300,819348,642
2023-11-16$107.62$105.0024.4%6.5%33.5%13.1%23.9%2.6%8.3%18.8M-544.7M-8.4M0.573.6212,6837,212301,882354,424
2023-11-17$106.16$105.0025.9%6.6%33.9%19.1%23.5%2.5%7.8%3.1M-320.5M-8.3M1.252.6314,79618,517305,669356,841
2023-11-20$106.31$105.0029.2%6.4%33.9%31.7%22.6%3.2%-1.0%-2.1M-185.9M-8.0M0.933.9616,56215,376264,688312,149
2023-11-21$106.53$105.0030.3%6.2%33.1%36.1%22.3%2.8%-1.6%1.4M-222.8M-8.1M0.664.3311,0657,280273,387318,397
2023-11-22$107.72$105.0031.8%5.9%32.8%41.7%20.7%3.0%-2.0%18.3M-402.7M-8.1M0.703.9414,0029,788279,573321,762
2023-11-24$107.72$105.0031.3%5.6%29.9%39.9%19.8%3.2%-2.0%13.6M-406.8M-8.0M1.394.636,6629,269285,481323,737
2023-11-27$108.06$105.0031.8%5.8%28.2%41.8%20.8%3.2%-1.8%12.0M-393.9M-8.0M0.813.0411,5389,320273,330311,945
2023-11-28$108.93$105.0032.0%6.1%24.8%42.4%21.7%2.8%-1.6%20.3M-496.8M-8.0M0.863.1927,25623,570277,430315,234
2023-11-29$110.44$105.0031.4%5.8%25.1%40.3%20.4%3.1%-1.7%37.3M-713.8M-8.0M1.153.3624,16027,766285,917327,039
2023-11-30$109.91$105.0031.1%5.8%23.5%39.2%20.6%3.3%-1.7%28.6M-572.2M-8.1M0.382.9327,30910,378288,925335,804