NKE Options History — December 2023

In December 2023, NKE traded between $107.10 and $122.56. ATM implied volatility averaged 29.4%, placing in the 33.2% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 3.5% (HV 20d: 26.0%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.85.

Notable Days

  • 2023-12-22: Highest Volume — 543,458 contracts
  • 2023-12-22: Largest IV drop — 39.2% change
  • 2023-12-21: Highest IV Rank — 53.6%
  • 2023-12-21: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.08$107.10$122.56$113.38$108.38
Max Pain$105.75$105.00$110.00$106.00$107.00
ATM IV29.4%19.6%34.8%30.9%19.6%
Expected Move7.9%5.4%10.1%6.0%5.4%
HV 20d26.0%15.0%49.7%21.1%49.7%
HV 60d28.5%25.5%37.1%26.5%35.0%
IV Rank33.2%0.0%53.6%38.5%0.0%
IV Percentile53.8%0.0%80.6%63.1%0.0%
Term Structure-1.2%-2.5%0.6%-1.7%0.4%
VWIV28.0%18.8%35.4%20.8%18.8%
Skew 25d2.0%1.2%3.0%3.0%1.4%
Skew 10d3.8%1.8%6.1%6.1%2.6%
Call IV 25d28.7%19.0%34.4%30.3%19.0%
Put IV 25d30.7%20.3%35.8%33.3%20.3%
Bid-Ask Spread %6.962.5021.993.2521.99
Gamma HHI0.110.070.480.080.08
Net GEX28.3M-121.2M50.8M48.4M11.0M
Net DEX-953.6M-1.67B809.6M-1.00B-145.4M
Net VEX-8.2M-9.2M-7.7M-7.9M-9.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.631.470.700.74
Total Volume99,468.9526,577543,45856,81396,947
Total OI680,050.9595,542818,180616,902818,180

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$113.38$106.0030.9%6.0%21.1%38.5%20.8%3.0%-1.7%48.4M-1.00B-7.9M0.703.2533,48223,331280,811336,091
2023-12-04$115.22$105.0032.9%8.6%20.9%45.9%30.8%2.8%-1.3%40.8M-1.11B-7.7M0.893.2432,90229,161275,475329,401
2023-12-05$115.63$105.0032.5%8.5%20.9%44.4%29.4%2.5%-1.2%43.6M-1.15B-8.1M0.764.0531,22223,743285,801341,711
2023-12-06$116.19$105.0032.6%8.6%20.1%44.9%30.5%2.2%-2.0%45.2M-1.23B-8.4M0.634.1419,26012,227292,675350,936
2023-12-07$114.93$105.0032.5%8.5%20.7%44.5%30.3%2.4%-1.5%42.4M-1.07B-8.3M0.707.4418,17112,648298,942355,656
2023-12-08$116.18$105.0033.0%8.7%18.8%46.6%31.0%1.8%-1.6%45.8M-1.25B-8.3M0.804.4217,32113,938302,770359,590
2023-12-11$118.52$105.0032.4%8.6%19.1%44.2%30.9%1.9%-1.9%47.6M-1.37B-8.0M0.843.0525,56121,405286,306348,278
2023-12-12$119.59$105.0032.5%8.7%17.3%44.4%30.9%2.0%-2.0%47.9M-1.47B-7.9M1.086.3812,75713,820292,937355,769
2023-12-13$121.38$105.0032.3%8.7%17.2%43.9%31.3%1.9%-2.0%50.4M-1.67B-7.8M0.707.2217,41312,229295,938362,856
2023-12-14$121.09$105.0032.4%8.8%17.0%44.2%31.0%1.9%-2.0%50.8M-1.63B-7.9M0.653.3721,85914,223299,791367,250
2023-12-15$121.13$105.0032.0%8.8%16.7%42.7%31.4%1.8%-1.8%45.2M-1.61B-7.9M1.164.2220,21923,379304,568372,221
2023-12-18$121.37$105.0031.1%8.7%15.1%39.1%31.2%2.4%-1.1%35.2M-1.24B-7.8M1.094.2430,57933,451269,059326,483
2023-12-19$122.48$105.0030.9%8.8%15.0%38.2%31.2%1.9%-1.7%40.0M-1.36B-7.9M0.772.5026,75720,663284,150344,201
2023-12-20$121.75$105.0033.3%9.5%15.6%47.4%33.4%1.5%-2.0%34.4M-1.27B-8.3M0.743.6362,00745,758293,809354,296
2023-12-21$122.56$105.0034.8%10.1%15.5%53.6%35.4%1.4%-2.5%37.7M-1.35B-8.4M0.903.14116,222104,574317,940374,747
2023-12-22$108.03$110.0021.2%6.1%49.6%0.9%21.5%1.7%-0.1%-121.2M809.6M-7.9M0.863.35291,842251,616378,441432,668
2023-12-26$107.95$108.0021.3%6.2%49.6%1.5%21.9%2.0%0.4%-3.1M106.1M-8.5M0.7010.2370,39949,257369,232377,616
2023-12-27$107.10$108.0020.4%5.8%49.6%0.0%19.5%1.5%0.0%-15.1M204.6M-8.6M1.4717.5972,323106,242387,424386,688
2023-12-28$108.84$106.0019.7%5.5%49.7%0.0%19.5%1.2%0.6%39.1M-264.4M-8.9M0.8721.7485,92274,549404,982385,329
2023-12-29$108.38$107.0019.6%5.4%49.7%0.0%18.8%1.4%0.4%11.0M-145.4M-9.2M0.7421.9955,77641,171416,784401,396