NKE Options History — April 2025

In April 2025, NKE traded between $52.63 and $65.09. ATM implied volatility averaged 47.2%, placing in the 62.4% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 28.4% (HV 20d: 75.6%). Max pain ranged from $60.00 to $70.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.57.

Notable Days

2025-04-04: Highest Volume — 625,539 contracts
2025-04-03: Largest IV spike — 55.4% change
2025-04-07: Highest IV Rank — 100.0%
2025-04-08: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$56.96	$52.63	$65.09	$64.77	$56.13
Max Pain	$63.69	$60.00	$70.00	$70.00	$60.00
ATM IV	47.2%	29.4%	66.4%	30.5%	42.0%
Expected Move	13.4%	8.4%	18.3%	8.6%	12.4%
HV 20d	75.6%	32.5%	86.8%	32.5%	85.3%
HV 60d	52.4%	33.3%	57.5%	33.3%	56.9%
IV Rank	62.4%	28.3%	100.0%	35.0%	46.8%
IV Percentile	87.9%	59.5%	100.0%	62.3%	79.4%
Term Structure	-1.1%	-6.7%	6.5%	-0.0%	1.1%
VWIV	46.4%	29.6%	62.1%	30.4%	42.9%
Skew 25d	6.5%	0.0%	15.8%	1.1%	3.2%
Skew 10d	13.3%	-5.2%	31.2%	0.9%	7.8%
Call IV 25d	44.9%	29.2%	61.3%	30.4%	39.8%
Put IV 25d	51.4%	30.4%	73.0%	31.4%	43.0%
Bid-Ask Spread %	20.17	-6.15	43.97	20.17	27.49
Gamma HHI	0.06	0.04	0.15	0.07	0.05
Net GEX	-59.6K	-29.0M	34.0M	-19.4M	5.5M
Net DEX	1.39B	621.8M	2.23B	1.17B	1.19B
Net VEX	-14.8M	-16.8M	-11.7M	-15.0M	-15.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.20	2.16	0.65	0.45
Total Volume	203,316.476	44,408	625,539	129,775	86,451
Total OI	1,749,139.238	1,418,707	1,930,223	1,418,707	1,806,731

Daily Data (21 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
2025-04-01	$64.77	$70.00	30.5%	8.6%	32.5%	35.0%	30.4%	1.1%	-0.0%	-19.4M	1.17B	-15.0M	0.65	20.17	78,554	51,221	781,233	637,474
2025-04-02	$65.09	$70.00	29.4%	8.4%	32.8%	28.3%	29.6%	1.2%	-0.3%	-18.9M	1.12B	-15.2M	0.63	14.38	27,304	17,104	806,553	665,401
2025-04-03	$56.15	$70.00	45.7%	12.5%	58.9%	79.6%	42.2%	4.3%	-1.4%	-29.0M	2.23B	-11.7M	0.74	8.90	309,192	230,175	812,710	665,544
2025-04-04	$58.40	$67.50	51.5%	14.4%	61.7%	98.0%	48.3%	0.0%	6.5%	-17.4M	2.05B	-12.7M	0.58	-6.15	395,862	229,677	976,731	732,459
2025-04-07	$55.13	$65.00	60.7%	16.3%	63.5%	100.0%	56.7%	6.5%	-1.8%	-8.5M	1.72B	-14.1M	0.43	27.89	166,187	71,840	954,192	742,116
2025-04-08	$52.63	$65.00	66.4%	18.3%	64.2%	100.0%	61.4%	10.2%	-1.2%	-8.4M	1.91B	-13.2M	0.65	23.54	118,369	76,617	1,016,169	753,903
2025-04-09	$58.97	$65.00	43.5%	12.0%	79.3%	50.1%	43.0%	15.8%	-1.7%	7.1M	1.22B	-15.5M	0.51	43.97	184,011	93,477	1,027,541	777,396
2025-04-10	$53.81	$65.00	64.0%	17.4%	84.3%	94.7%	62.1%	13.8%	-4.1%	-7.3M	1.79B	-13.9M	0.45	38.37	202,860	92,040	1,054,037	786,615
2025-04-11	$54.36	$65.00	58.5%	16.3%	84.8%	82.8%	56.9%	12.7%	-2.0%	-5.0M	1.67B	-14.6M	0.52	24.62	132,272	68,220	1,123,026	807,197
2025-04-14	$55.75	$65.00	50.1%	14.3%	84.4%	64.6%	47.5%	8.8%	-2.1%	4.0M	1.54B	-14.8M	0.50	13.53	112,368	56,677	1,044,769	777,829
2025-04-15	$54.63	$65.00	45.7%	13.1%	84.3%	54.9%	45.1%	7.8%	-6.7%	-2.8M	1.79B	-13.9M	0.61	27.11	74,707	45,441	1,075,440	799,297
2025-04-16	$53.49	$62.50	49.8%	14.3%	84.3%	63.9%	50.5%	7.6%	-3.8%	-10.5M	1.87B	-13.7M	2.16	20.85	63,343	137,055	1,095,517	809,987
2025-04-17	$55.83	$62.50	44.5%	12.8%	86.8%	52.2%	43.1%	6.6%	-0.8%	9.4M	1.39B	-14.8M	0.28	16.31	132,621	37,473	1,108,152	816,653
2025-04-21	$55.80	$60.00	47.6%	13.8%	85.0%	59.0%	48.8%	5.3%	-2.4%	986.2K	1.16B	-15.1M	0.41	10.25	72,496	29,705	922,097	715,376
2025-04-22	$57.22	$60.00	47.6%	13.8%	85.9%	59.0%	47.9%	5.1%	-0.2%	10.0M	902.2M	-16.0M	0.20	19.90	198,077	38,878	957,867	729,723
2025-04-23	$57.28	$60.00	47.1%	13.7%	85.9%	57.9%	46.7%	8.2%	-1.4%	17.9M	854.4M	-16.2M	0.26	15.80	161,114	41,838	1,024,991	744,524
2025-04-24	$58.62	$60.00	41.8%	12.5%	86.5%	46.4%	43.5%	4.8%	-0.2%	34.0M	621.8M	-16.8M	0.69	19.46	63,814	43,878	1,044,384	762,153
2025-04-25	$57.42	$60.00	42.0%	12.2%	86.5%	46.8%	43.3%	3.6%	-1.4%	10.9M	907.4M	-16.0M	0.41	21.10	115,936	47,303	1,056,604	768,282
2025-04-28	$57.18	$60.00	41.6%	12.3%	85.4%	45.9%	42.5%	4.6%	0.6%	10.8M	1.02B	-16.0M	0.36	13.77	63,252	22,958	1,013,072	745,609
2025-04-29	$57.55	$60.00	40.6%	12.1%	85.4%	43.7%	41.6%	4.8%	0.6%	15.1M	963.6M	-16.2M	0.42	22.38	55,750	23,529	1,038,753	753,817
2025-04-30	$56.13	$60.00	42.0%	12.4%	85.3%	46.8%	42.9%	3.2%	1.1%	5.5M	1.19B	-15.7M	0.45	27.49	59,770	26,681	1,045,160	761,571