NKE Options History — February 2024

In February 2024, NKE traded between $99.56 and $107.25. ATM implied volatility averaged 28.3%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 5.0% (HV 20d: 23.3%). Max pain ranged from $105.00 to $105.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.75.

Notable Days

  • 2024-02-21: Highest Volume — 78,047 contracts
  • 2024-02-20: Largest IV spike — 23.4% change
  • 2024-02-29: Highest IV Rank — 64.5%
  • 2024-02-20: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.07$99.56$107.25$101.69$103.94
Max Pain$105.00$105.00$105.00$105.00$105.00
ATM IV28.3%22.4%37.0%22.9%37.0%
Expected Move6.8%6.4%7.2%6.8%6.8%
HV 20d23.3%21.5%24.5%22.1%22.0%
HV 60d33.4%32.7%33.8%32.9%33.1%
IV Rank33.4%12.3%64.5%14.2%64.5%
IV Percentile52.4%18.3%86.1%25.0%86.1%
Term Structure1.4%-4.2%8.0%-0.4%-4.2%
VWIV24.2%23.3%25.5%23.8%24.0%
Skew 25d1.8%1.2%2.9%2.4%1.3%
Skew 10d3.8%2.2%5.3%4.4%2.6%
Call IV 25d27.8%22.0%37.9%22.2%37.9%
Put IV 25d29.5%23.3%39.2%24.5%39.2%
Bid-Ask Spread %10.562.8348.656.4948.65
Gamma HHI0.060.050.090.060.06
Net GEX-2.9M-44.3M23.1M-17.8M-6.3M
Net DEX979.2K-438.1M542.7M290.1M66.8M
Net VEX-10.3M-10.5M-9.9M-10.0M-10.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.371.540.680.49
Total Volume43,190.4527,50478,04745,84350,211
Total OI661,173.75610,613689,042657,547670,577

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$101.69$105.0022.9%6.8%22.1%14.2%23.8%2.4%-0.4%-17.8M290.1M-10.0M0.686.4927,26718,576313,247344,300
2024-02-02$100.69$105.0022.9%6.7%21.5%14.1%23.6%2.1%0.4%-44.3M449.9M-10.1M0.485.3529,49414,149316,858349,724
2024-02-05$99.56$105.0023.3%6.7%21.8%15.6%24.2%1.9%0.2%-35.8M542.7M-9.9M1.544.1018,05227,747303,564339,664
2024-02-06$102.35$105.0022.9%6.8%23.6%14.2%24.0%1.3%1.1%-14.8M165.0M-10.3M1.165.0119,25922,328310,953353,614
2024-02-07$103.91$105.0022.6%6.5%24.0%13.1%23.4%1.4%0.1%314.6K-39.1M-10.3M0.604.3831,77318,937310,807360,461
2024-02-08$103.66$105.0022.5%6.4%23.8%12.7%23.5%1.6%-0.1%-2.7M1.8M-10.3M0.933.3516,38215,163313,431367,364
2024-02-09$104.50$105.0022.4%6.4%22.7%12.3%23.3%1.2%-0.3%6.6M-132.2M-10.2M0.603.5227,56416,578314,943368,217
2024-02-12$107.25$105.0023.9%6.9%24.5%17.6%24.0%1.4%7.3%23.1M-438.1M-10.1M0.652.8334,73622,484301,710357,585
2024-02-13$104.97$105.0025.0%7.2%22.6%21.6%25.3%1.9%7.7%4.5M-117.1M-10.4M0.845.5017,61714,831309,417363,327
2024-02-14$106.20$105.0023.9%6.8%22.5%17.6%24.3%1.8%7.8%19.2M-296.2M-10.4M0.613.6318,36311,239312,848366,537
2024-02-15$106.06$105.0025.2%6.9%22.5%22.3%24.0%1.7%8.0%20.5M-280.1M-10.3M0.503.1224,13012,084313,396367,806
2024-02-16$103.62$105.0027.4%7.0%24.2%30.1%25.0%1.8%7.7%-20.4M133.8M-10.3M0.765.4938,32928,981316,344372,698
2024-02-20$103.16$105.0033.8%7.2%24.0%53.0%25.5%2.9%0.3%-15.6M159.9M-10.3M0.8814.9818,83816,532267,552343,061
2024-02-21$104.93$105.0032.8%7.1%24.3%49.6%24.9%1.3%-0.2%197.4K-59.2M-10.3M0.3713.1756,97821,069273,487351,960
2024-02-22$104.72$105.0033.9%6.9%24.1%53.7%24.5%2.1%-0.4%4.1M-56.3M-10.5M0.6313.3822,63314,336294,185365,413
2024-02-23$105.72$105.0034.8%6.7%24.2%56.8%23.8%1.8%-1.5%19.3M-197.9M-10.4M0.6513.3422,78814,794293,895368,262
2024-02-26$104.72$105.0035.9%7.1%23.7%60.5%24.8%1.7%-2.0%-1.4M-48.2M-10.3M0.6916.3425,96317,919282,323355,877
2024-02-27$105.19$105.0036.0%6.9%23.5%60.9%24.4%1.9%-1.9%4.3M-108.4M-10.2M1.2622.4412,17015,334288,460360,441
2024-02-28$104.50$105.0036.8%7.0%23.6%63.9%24.8%1.8%-2.4%-1.2M-17.8M-10.3M0.6016.0517,59110,590291,462367,705
2024-02-29$103.94$105.0037.0%6.8%22.0%64.5%24.0%1.3%-4.2%-6.3M66.8M-10.4M0.4948.6533,67816,533297,727372,850