NKE Options History — March 2024

In March 2024, NKE traded between $92.48 and $101.95. ATM implied volatility averaged 34.3%, placing in the 56.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 10.5% (HV 20d: 23.8%). Max pain ranged from $97.50 to $105.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.34.

Notable Days

  • 2024-03-22: Highest Volume — 424,166 contracts
  • 2024-03-22: Largest IV drop — 50.3% change
  • 2024-03-21: Highest IV Rank — 99.6%
  • 2024-03-21: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.30$92.48$101.95$101.95$93.95
Max Pain$103.05$97.50$105.00$105.00$97.50
ATM IV34.3%18.8%41.6%38.1%18.8%
Expected Move9.2%5.2%12.0%7.1%5.2%
HV 20d23.8%18.8%31.2%23.2%31.2%
HV 60d30.8%21.6%33.5%33.1%25.6%
IV Rank56.3%0.0%99.6%68.4%0.0%
IV Percentile70.8%0.0%99.6%89.3%0.0%
Term Structure-1.8%-3.5%1.0%-3.4%0.2%
VWIV32.0%18.3%42.0%24.8%18.3%
Skew 25d0.8%-1.5%1.8%1.4%0.8%
Skew 10d2.0%-3.9%4.9%3.4%1.7%
Call IV 25d34.1%18.7%41.1%38.9%18.7%
Put IV 25d34.9%19.5%42.5%40.3%19.5%
Bid-Ask Spread %14.735.4525.6723.0312.08
Gamma HHI0.080.040.260.090.12
Net GEX-34.6M-104.7M-11.8M-34.9M-15.0M
Net DEX550.9M169.8M1.44B325.6M613.9M
Net VEX-10.8M-11.3M-9.8M-10.5M-10.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.693.110.751.29
Total Volume95,403.836,477424,16654,82775,145
Total OI751,769.5667,100895,204686,467827,069

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$101.95$105.0038.1%7.1%23.2%68.4%24.8%1.4%-3.4%-34.9M325.6M-10.5M0.7523.0331,35023,477306,980379,487
2024-03-04$99.72$105.0038.9%10.0%24.3%71.5%35.3%-1.5%-2.0%-30.3M558.9M-10.4M0.9412.9033,29431,213305,371374,146
2024-03-05$98.30$105.0040.0%10.4%24.5%75.4%36.0%1.7%-2.1%-36.5M697.3M-10.5M1.3424.9720,66927,602316,311383,340
2024-03-06$97.53$105.0040.0%10.3%22.2%75.2%35.7%1.5%-2.3%-44.4M801.6M-10.5M2.0819.7026,39554,784325,143392,481
2024-03-07$98.13$105.0039.5%10.2%21.5%73.6%36.0%-1.1%-2.5%-40.0M717.9M-10.7M1.327.5819,25025,430333,780400,776
2024-03-08$99.06$105.0039.1%10.2%21.9%72.3%36.0%0.8%-2.2%-20.0M583.1M-10.8M1.0814.2022,31724,016339,768407,903
2024-03-11$101.45$105.0039.5%10.5%23.6%73.5%36.8%0.8%-2.1%-16.5M224.0M-11.0M0.9410.0625,38923,951326,353398,833
2024-03-12$100.22$105.0039.0%10.4%21.5%71.8%36.6%0.9%-2.4%-27.0M394.9M-10.8M1.5415.4918,73828,852335,095407,169
2024-03-13$101.66$105.0039.9%10.8%21.2%75.1%37.7%0.1%-2.3%-15.5M175.3M-11.1M1.3311.5118,63224,781343,004417,377
2024-03-14$100.22$105.0039.7%10.6%21.1%74.2%37.2%0.9%-2.9%-30.2M380.7M-11.0M1.4021.9315,21421,263349,785419,866
2024-03-15$99.78$105.0039.1%10.6%21.1%71.9%36.9%0.2%-3.0%-68.2M456.2M-11.0M0.867.8224,60021,118353,503422,831
2024-03-18$99.09$105.0038.3%10.7%19.7%69.2%37.5%1.2%-2.3%-18.8M412.1M-10.9M0.6911.6138,31726,270291,838375,262
2024-03-19$99.66$103.0037.8%10.7%19.9%67.6%37.8%1.2%-2.0%-13.1M297.2M-11.1M1.4115.1820,09328,274318,369388,269
2024-03-20$100.03$101.0036.4%10.4%18.8%63.8%36.5%1.1%-1.8%-12.8M257.2M-11.0M1.6023.6134,80055,576326,367402,147
2024-03-21$100.97$101.0041.6%12.0%19.2%99.6%42.0%1.8%-3.5%-11.8M169.8M-11.3M1.4712.70112,418165,261337,573437,228
2024-03-22$94.20$101.0020.7%5.9%30.3%7.5%21.0%1.0%0.2%-104.7M1.44B-9.8M1.6425.67160,474263,692389,461505,743
2024-03-25$93.62$100.0021.0%5.9%30.3%9.1%20.8%0.5%-0.5%-58.7M915.0M-10.5M0.949.9771,27866,651350,770427,949
2024-03-26$92.48$100.0020.2%5.7%30.1%5.5%18.9%1.3%1.0%-63.7M984.5M-10.6M3.115.4534,816108,281374,039430,334
2024-03-27$93.94$97.5019.3%5.4%31.1%1.4%18.8%0.5%0.5%-29.8M612.8M-10.9M1.209.1538,38446,011387,312426,358
2024-03-28$93.95$97.5018.8%5.2%31.2%0.0%18.3%0.8%0.2%-15.0M613.9M-10.9M1.2912.0832,86942,276392,689434,380