NKE Options History — March 2025

In March 2025, NKE traded between $63.25 and $78.45. ATM implied volatility averaged 41.1%, placing in the 70.4% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 7.7% (HV 20d: 33.4%). Max pain ranged from $70.00 to $77.50. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-03-21: Highest Volume — 386,544 contracts
  • 2025-03-21: Largest IV drop — 36.1% change
  • 2025-03-10: Highest IV Rank — 100.0%
  • 2025-03-13: Largest Expected Move — 24.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.98$63.25$78.45$78.06$63.83
Max Pain$74.90$70.00$77.50$75.00$70.00
ATM IV41.1%25.4%52.1%46.4%29.7%
Expected Move13.9%7.4%24.1%15.5%8.3%
HV 20d33.4%27.4%39.8%39.8%31.4%
HV 60d30.4%28.8%33.5%28.8%33.5%
IV Rank70.4%19.7%100.0%96.8%32.6%
IV Percentile83.3%44.0%100.0%99.2%61.1%
Term Structure-2.0%-3.8%0.2%-2.4%0.1%
VWIV48.7%26.0%83.3%54.1%29.7%
Skew 25d4.2%-0.4%22.8%0.8%1.5%
Skew 10d5.1%-21.4%26.8%3.0%1.4%
Call IV 25d38.0%24.4%51.9%44.9%28.9%
Put IV 25d42.2%26.3%53.7%45.7%30.4%
Bid-Ask Spread %14.023.6338.9310.4213.38
Gamma HHI0.080.050.210.050.09
Net GEX-21.2M-92.0M9.1M3.5M-34.3M
Net DEX609.8M-332.3M1.80B-271.7M1.41B
Net VEX-15.3M-17.0M-13.1M-17.0M-14.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.331.420.580.56
Total Volume117,38132,921386,54448,040117,367
Total OI1,280,773.3811,196,6161,455,7101,208,8961,380,837

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$78.06$75.0046.4%15.5%39.8%96.8%54.1%0.8%-2.4%3.5M-271.7M-17.0M0.5810.4230,34917,691607,515601,381
2025-03-04$77.97$75.0046.4%16.1%39.7%96.8%55.9%2.6%-1.0%4.0M-240.6M-16.9M0.647.7431,54120,102615,194605,581
2025-03-05$77.72$75.0046.0%16.0%39.7%95.4%56.6%22.8%-2.9%4.0M-206.4M-16.7M1.4212.1713,61219,309624,123608,593
2025-03-06$77.84$75.0046.5%16.7%38.5%97.3%58.6%-0.4%-2.9%4.1M-223.3M-16.8M0.4016.2534,33613,607626,119614,418
2025-03-07$78.45$75.0046.8%17.1%35.8%98.1%59.9%2.5%-3.3%9.1M-332.3M-16.8M0.465.0325,75711,749633,951616,097
2025-03-10$76.86$76.0050.4%20.4%32.8%100.0%71.5%15.1%-2.9%-4.1M-40.8M-16.5M0.956.5034,75533,140610,155607,228
2025-03-11$74.51$76.0052.1%22.2%34.3%100.0%77.5%4.3%-2.0%-17.9M384.9M-16.2M0.5418.1254,40629,520612,335615,598
2025-03-12$73.74$76.0051.0%22.4%34.6%96.7%76.7%12.6%-2.9%-22.1M529.7M-15.9M0.5210.0433,05417,292625,242620,659
2025-03-13$72.63$75.0052.0%24.1%35.0%99.6%83.3%1.8%-2.0%-27.6M700.0M-15.7M0.5514.2848,23926,423633,342623,699
2025-03-14$71.52$75.0047.9%23.7%34.7%87.3%81.2%3.2%-3.4%-24.4M892.8M-15.2M0.646.3643,45427,955662,917631,259
2025-03-17$73.80$77.5046.2%10.9%36.5%82.1%40.0%2.9%-2.4%-12.8M408.9M-15.7M0.6733.4841,47427,980635,870617,447
2025-03-18$73.39$77.5047.3%11.1%29.8%85.6%38.7%3.4%-3.6%-14.4M472.1M-15.5M0.6023.2632,04419,218645,487626,935
2025-03-19$72.91$77.5045.7%10.7%29.8%80.8%38.4%3.1%-3.8%-14.3M535.5M-15.3M1.0838.9345,47749,269662,763630,798
2025-03-20$71.97$77.5044.1%10.5%29.9%75.8%36.1%1.9%-3.8%-19.9M716.3M-15.1M0.7628.40144,759109,679682,937651,795
2025-03-21$67.71$77.5028.2%7.8%36.2%28.1%27.6%1.9%-0.2%-92.0M1.80B-13.1M0.939.20200,464186,080746,718708,992
2025-03-24$67.34$75.0025.8%7.4%28.9%20.9%26.0%1.8%-1.7%-36.9M1.19B-13.2M0.618.44110,89667,926629,736566,880
2025-03-25$66.55$75.0025.4%7.4%27.4%19.7%26.0%1.7%-0.4%-36.7M1.15B-13.4M0.503.6392,94046,192676,062573,003
2025-03-26$65.46$72.5027.0%7.8%27.4%24.5%27.3%2.1%0.1%-40.7M1.26B-13.6M0.684.1997,24766,447708,176585,645
2025-03-27$66.06$70.0027.2%7.8%28.2%25.3%27.8%1.3%0.2%-27.8M1.06B-14.7M0.3314.70182,17159,929743,005615,712
2025-03-28$63.25$70.0030.2%8.6%30.6%34.2%30.0%1.2%-0.4%-44.9M1.61B-13.9M0.579.89128,21672,935784,129627,908
2025-03-31$63.83$70.0029.7%8.3%31.4%32.6%29.7%1.5%0.1%-34.3M1.41B-14.2M0.5613.3875,05542,312752,801628,036