NKE Options History — January 2025

In January 2025, NKE traded between $70.66 and $78.00. ATM implied volatility averaged 24.1%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 3.9% (HV 20d: 20.2%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-01-30: Highest Volume — 177,410 contracts
  • 2025-01-29: Largest IV spike — 9.9% change
  • 2025-01-31: Highest IV Rank — 30.6%
  • 2025-01-31: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.31$70.66$78.00$73.74$76.87
Max Pain$75.95$75.00$80.00$80.00$75.00
ATM IV24.1%21.8%27.5%25.3%27.5%
Expected Move6.9%6.2%8.1%7.5%8.1%
HV 20d20.2%15.6%26.6%18.9%26.6%
HV 60d22.0%21.2%23.5%21.7%23.5%
IV Rank18.6%10.4%30.6%22.9%30.6%
IV Percentile37.4%11.9%59.1%50.0%59.1%
Term Structure0.3%-1.1%1.2%-0.1%0.2%
VWIV24.5%22.1%29.1%25.6%28.8%
Skew 25d1.2%0.1%9.6%1.0%0.7%
Skew 10d2.6%-3.6%13.4%2.5%12.4%
Call IV 25d23.6%19.3%27.4%24.3%27.4%
Put IV 25d24.8%22.4%28.9%25.3%28.1%
Bid-Ask Spread %13.892.7846.845.0120.84
Gamma HHI0.120.060.190.090.07
Net GEX-25.4M-66.3M38.6M-51.0M37.5M
Net DEX769.7M-555.1M1.46B1.10B-280.3M
Net VEX-14.5M-16.2M-13.1M-13.6M-16.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.172.231.240.49
Total Volume100,230.1537,769177,410108,55080,040
Total OI1,274,239.751,152,8231,441,9681,241,7411,265,832

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$73.74$80.0025.3%7.5%18.9%22.9%25.6%1.0%-0.1%-51.0M1.10B-13.6M1.245.0148,42960,121646,422595,319
2025-01-03$73.42$79.0023.2%6.5%18.8%15.4%23.3%0.9%0.6%-47.2M1.15B-13.5M0.668.7247,05731,115664,637599,171
2025-01-06$72.09$77.5024.0%6.8%19.2%18.2%24.6%0.8%1.2%-54.0M1.32B-13.1M0.814.2970,06556,897656,280589,297
2025-01-07$72.06$77.5024.0%6.9%18.8%18.1%23.9%1.1%0.7%-52.5M1.30B-13.4M0.498.1059,49629,379692,654616,515
2025-01-08$71.19$77.5023.4%7.0%18.0%16.2%24.1%0.8%0.7%-66.3M1.46B-13.4M1.563.3549,75777,795707,604625,868
2025-01-10$71.35$77.5025.0%7.0%18.0%21.8%24.6%1.2%0.7%-57.1M1.34B-13.7M0.444.9482,36936,487723,666623,094
2025-01-13$72.18$75.0025.2%7.0%15.6%22.4%24.6%0.8%-1.1%-40.0M1.11B-13.9M1.073.7343,76146,807713,899613,964
2025-01-14$70.66$75.0024.1%7.1%16.6%18.7%24.7%0.1%-0.2%-57.7M1.44B-13.7M0.6219.9748,59029,900733,434633,663
2025-01-15$71.12$75.0022.9%6.6%17.1%14.5%22.8%1.1%-0.0%-56.8M1.36B-14.0M0.682.7839,57426,950750,352644,282
2025-01-16$71.07$75.0023.1%6.6%16.9%15.1%23.1%1.0%-0.0%-55.8M1.33B-14.1M2.236.9747,126105,304763,919645,231
2025-01-17$71.09$75.0022.5%6.4%16.6%12.9%22.2%1.1%-0.2%-63.5M1.27B-14.0M0.692.8442,85229,555778,549663,419
2025-01-21$73.05$75.0021.8%6.2%19.9%10.4%22.1%0.5%0.4%-17.7M631.1M-14.6M0.2818.5074,40020,777557,531595,292
2025-01-22$73.76$75.0022.3%6.4%20.4%12.2%23.2%0.4%0.4%-702.9K435.2M-15.0M0.2917.45101,38129,012582,918599,763
2025-01-23$74.27$75.0023.0%6.6%20.6%14.6%23.3%0.5%-0.1%5.7M333.4M-15.1M0.3523.2748,95317,279583,956608,840
2025-01-24$73.39$75.0023.0%6.6%20.9%14.8%23.0%0.5%-0.1%-10.1M517.0M-15.2M0.2822.0363,39017,943596,701612,886
2025-01-27$75.59$75.0024.1%6.9%23.7%18.6%24.4%0.5%0.6%9.8M56.2M-15.6M0.1710.7489,10714,999590,695586,191
2025-01-28$74.50$75.0024.1%7.0%24.1%18.7%24.6%0.8%0.7%5.3M302.8M-15.4M0.4316.9226,34711,422602,123587,673
2025-01-29$76.80$75.0026.5%7.8%26.5%27.1%27.1%1.0%0.1%24.7M-233.3M-15.8M0.2746.8496,76025,997611,448591,266
2025-01-30$78.00$75.0027.1%8.1%26.2%29.1%29.1%9.6%1.0%38.6M-555.1M-16.2M0.3830.40128,10449,306631,580598,861
2025-01-31$76.87$75.0027.5%8.1%26.6%30.6%28.8%0.7%0.2%37.5M-280.3M-16.0M0.4920.8453,68126,359650,194615,638