NKE Options History — February 2025

In February 2025, NKE traded between $69.06 and $81.57. ATM implied volatility averaged 35.5%, placing in the 58.4% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 0.9% (HV 20d: 34.6%). Max pain ranged from $75.00 to $75.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.50.

Notable Days

2025-02-07: Highest Volume — 190,473 contracts
2025-02-18: Largest IV spike — 33.1% change
2025-02-27: Highest IV Rank — 93.4%
2025-02-28: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.72	$69.06	$81.57	$76.35	$78.78
Max Pain	$75.00	$75.00	$75.00	$75.00	$75.00
ATM IV	35.5%	27.6%	45.4%	28.2%	44.1%
Expected Move	11.5%	8.1%	14.1%	8.5%	14.1%
HV 20d	34.6%	24.6%	41.8%	24.7%	40.0%
HV 60d	26.7%	23.2%	29.2%	23.5%	28.8%
IV Rank	58.4%	30.8%	93.4%	32.9%	88.8%
IV Percentile	76.2%	56.3%	98.8%	59.1%	96.8%
Term Structure	1.9%	-3.0%	12.2%	-0.9%	-3.0%
VWIV	40.4%	29.1%	49.0%	30.3%	48.8%
Skew 25d	0.1%	-6.7%	3.0%	-6.7%	1.1%
Skew 10d	0.9%	-10.9%	12.2%	0.9%	2.4%
Call IV 25d	35.5%	25.5%	45.7%	35.7%	44.8%
Put IV 25d	35.6%	20.9%	46.4%	29.0%	45.9%
Bid-Ask Spread %	13.41	3.85	29.28	18.78	3.85
Gamma HHI	0.08	0.05	0.12	0.07	0.05
Net GEX	3.2M	-64.2M	41.5M	24.9M	7.4M
Net DEX	48.8M	-996.8M	1.55B	-33.9M	-368.1M
Net VEX	-16.2M	-17.1M	-14.0M	-15.7M	-16.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.24	0.89	0.52	0.32
Total Volume	88,990.263	39,298	190,473	91,216	77,479
Total OI	1,283,880.947	1,165,014	1,366,007	1,229,672	1,254,296

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-02-03	$76.35	$75.00	28.2%	8.5%	24.7%	32.9%	30.3%	-6.7%	-0.9%	24.9M	-33.9M	-15.7M	0.52	18.78	60,078	31,138	638,597	591,075
2025-02-04	$76.56	$75.00	27.7%	8.1%	24.6%	31.1%	29.1%	1.8%	-0.1%	30.6M	-109.8M	-15.7M	0.39	19.70	30,592	11,863	643,727	603,999
2025-02-05	$74.63	$75.00	27.8%	8.4%	25.5%	31.4%	29.6%	0.5%	0.3%	4.2M	363.3M	-15.3M	0.71	29.28	35,882	25,490	647,956	605,731
2025-02-06	$72.01	$75.00	27.6%	10.3%	28.8%	30.9%	36.5%	1.5%	0.1%	-39.2M	963.0M	-14.7M	0.56	23.00	77,169	43,424	660,090	613,671
2025-02-07	$69.06	$75.00	28.9%	10.8%	32.2%	35.4%	38.3%	1.5%	-0.6%	-64.2M	1.55B	-14.0M	0.87	16.25	101,646	88,827	675,265	630,235
2025-02-10	$70.82	$75.00	28.0%	10.9%	33.5%	32.1%	38.4%	3.0%	10.2%	-39.2M	1.07B	-15.2M	0.36	8.04	83,214	29,948	640,836	636,270
2025-02-11	$71.36	$75.00	28.3%	10.8%	33.4%	33.2%	37.9%	-6.3%	9.3%	-26.9M	847.5M	-15.9M	0.89	20.88	32,468	28,751	677,429	648,750
2025-02-12	$71.87	$75.00	27.6%	11.1%	32.5%	30.8%	38.8%	0.4%	11.2%	-18.8M	719.6M	-16.2M	0.68	14.53	38,019	25,868	685,886	659,918
2025-02-13	$73.32	$75.00	29.2%	11.0%	33.2%	36.4%	38.7%	0.8%	11.3%	7.6M	333.7M	-16.6M	0.37	8.72	50,545	18,832	695,996	660,898
2025-02-14	$73.15	$75.00	30.4%	10.9%	33.2%	40.8%	38.6%	0.9%	12.2%	-5.4M	424.3M	-16.3M	0.34	7.29	37,245	12,744	701,346	664,661
2025-02-18	$77.44	$75.00	40.5%	12.0%	38.6%	76.2%	42.3%	0.3%	0.1%	24.4M	-532.6M	-16.9M	0.45	7.85	101,239	45,824	670,218	634,674
2025-02-19	$76.81	$75.00	40.9%	11.7%	37.9%	77.7%	41.4%	0.2%	0.1%	22.5M	-393.3M	-16.7M	0.51	7.34	49,211	24,989	681,933	644,545
2025-02-20	$77.08	$75.00	41.5%	11.9%	37.8%	79.7%	41.8%	0.1%	-0.1%	19.1M	-416.2M	-16.8M	0.39	13.01	28,232	11,066	680,617	650,995
2025-02-21	$76.19	$75.00	43.6%	12.7%	38.0%	86.9%	44.9%	0.7%	-2.5%	-558.2K	-200.8M	-16.6M	0.50	20.05	38,999	19,404	684,723	653,404
2025-02-24	$80.30	$75.00	45.3%	13.7%	41.8%	92.9%	48.4%	0.4%	-2.7%	17.2M	-733.9M	-16.9M	0.24	5.89	153,102	36,780	584,910	580,104
2025-02-25	$81.57	$75.00	44.2%	13.6%	41.0%	89.0%	47.8%	0.8%	-2.6%	41.5M	-996.8M	-17.0M	0.35	12.70	83,110	29,115	628,407	587,594
2025-02-26	$81.27	$75.00	44.4%	13.5%	40.5%	89.6%	47.5%	-0.5%	-3.0%	35.4M	-911.8M	-17.1M	0.38	5.76	54,348	20,626	637,547	596,659
2025-02-27	$80.03	$75.00	45.4%	14.0%	39.8%	93.4%	49.0%	0.7%	-2.9%	20.8M	-647.4M	-16.9M	0.58	11.83	33,823	19,725	636,568	604,208
2025-02-28	$78.78	$75.00	44.1%	14.1%	40.0%	88.8%	48.8%	1.1%	-3.0%	7.4M	-368.1M	-16.9M	0.32	3.85	58,675	18,804	640,495	613,801