NKE Options History — July 2025

In July 2025, NKE traded between $72.07 and $79.03. ATM implied volatility averaged 28.1%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 28.6% (HV 20d: 56.7%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.77.

Notable Days

2025-07-02: Highest Volume — 374,719 contracts
2025-07-21: Largest IV spike — 7.2% change
2025-07-07: Highest IV Rank — 20.1%
2025-07-31: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$74.85	$72.07	$79.03	$73.36	$74.55
Max Pain	$68.34	$65.00	$70.00	$66.00	$70.00
ATM IV	28.1%	26.7%	29.8%	28.8%	29.0%
Expected Move	8.1%	7.6%	8.6%	8.3%	8.6%
HV 20d	56.7%	29.0%	65.0%	61.8%	29.0%
HV 60d	47.0%	44.3%	56.4%	56.3%	45.0%
IV Rank	14.8%	11.0%	20.1%	17.9%	16.2%
IV Percentile	37.8%	30.2%	46.0%	41.7%	42.9%
Term Structure	0.1%	-1.6%	1.7%	-0.9%	0.8%
VWIV	29.3%	27.3%	32.3%	30.0%	30.9%
Skew 25d	1.1%	-0.1%	1.8%	-0.1%	1.2%
Skew 10d	3.4%	-10.4%	13.3%	3.5%	-10.4%
Call IV 25d	28.2%	26.6%	29.7%	29.5%	29.1%
Put IV 25d	29.3%	28.0%	30.4%	29.3%	30.3%
Bid-Ask Spread %	17.57	4.77	32.02	22.49	14.87
Gamma HHI	0.08	0.06	0.28	0.07	0.06
Net GEX	31.9M	-60.5M	81.1M	61.0M	9.9M
Net DEX	-2.04B	-3.14B	-1.30B	-2.22B	-1.45B
Net VEX	-20.2M	-20.8M	-19.5M	-20.3M	-19.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.33	1.80	0.80	0.93
Total Volume	97,960.409	39,782	374,719	199,759	73,823
Total OI	1,796,293.091	1,590,306	1,966,692	1,834,671	1,664,275

Daily Data (22 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
2025-07-01	$73.36	$66.00	28.8%	8.3%	61.8%	17.9%	30.0%	-0.1%	-0.9%	61.0M	-2.22B	-20.3M	0.80	22.49	110,880	88,879	947,372	887,299
2025-07-02	$76.63	$67.50	28.8%	8.5%	63.0%	17.9%	30.6%	0.1%	1.7%	76.3M	-3.14B	-20.6M	0.55	27.55	241,110	133,609	958,955	922,504
2025-07-03	$76.53	$65.00	28.8%	8.3%	63.1%	18.0%	29.8%	0.4%	0.4%	81.1M	-3.13B	-20.8M	0.46	26.40	71,004	32,970	1,001,732	964,960
2025-07-07	$76.52	$65.00	29.8%	8.5%	63.1%	20.1%	30.6%	0.7%	-0.1%	51.5M	-2.73B	-20.6M	1.40	18.07	44,264	61,863	928,448	878,728
2025-07-08	$73.96	$67.50	29.6%	8.3%	64.9%	19.3%	29.9%	0.9%	-1.6%	28.0M	-1.97B	-20.6M	1.54	8.36	53,767	83,058	940,677	901,376
2025-07-09	$73.61	$67.50	27.5%	8.1%	64.7%	14.6%	29.1%	1.7%	1.2%	19.9M	-1.86B	-20.6M	0.57	19.34	44,840	25,665	955,717	928,323
2025-07-10	$74.73	$67.50	26.7%	7.7%	64.3%	11.1%	27.7%	1.3%	0.3%	28.5M	-2.19B	-20.4M	0.97	28.17	38,125	37,019	961,873	949,455
2025-07-11	$72.82	$67.50	27.4%	8.0%	65.0%	12.6%	28.3%	1.0%	0.8%	-12.2M	-1.52B	-20.6M	0.54	19.70	69,957	37,708	967,404	957,070
2025-07-14	$72.29	$67.50	28.4%	8.2%	65.0%	14.9%	29.1%	1.5%	0.4%	4.5M	-1.38B	-20.2M	0.79	31.34	43,123	33,984	965,740	921,121
2025-07-15	$72.07	$67.50	28.4%	8.2%	62.5%	14.8%	29.3%	1.8%	-0.1%	4.0M	-1.30B	-20.5M	0.90	14.83	31,817	28,694	986,505	938,991
2025-07-16	$72.15	$67.50	28.4%	8.1%	62.1%	14.9%	29.1%	1.5%	0.3%	1.6M	-1.36B	-20.3M	0.33	9.62	39,965	13,349	991,109	947,431
2025-07-17	$72.97	$70.00	27.4%	7.8%	60.3%	12.5%	29.1%	1.5%	0.2%	12.5M	-1.69B	-20.2M	0.90	4.77	26,864	24,047	994,311	950,608
2025-07-18	$72.50	$67.50	26.7%	7.6%	60.3%	11.0%	27.3%	1.6%	0.2%	-60.5M	-1.57B	-19.8M	0.60	7.83	34,879	20,823	997,621	950,308
2025-07-21	$74.13	$70.00	28.6%	8.2%	60.3%	15.3%	29.7%	1.1%	-0.3%	33.9M	-1.59B	-20.0M	0.48	10.07	74,171	35,241	845,818	744,488
2025-07-22	$75.43	$70.00	28.0%	8.0%	60.1%	14.0%	28.3%	1.2%	-0.2%	50.4M	-2.02B	-20.0M	0.46	10.88	55,151	25,244	876,787	757,115
2025-07-23	$76.82	$70.00	27.4%	7.9%	60.2%	12.7%	28.4%	1.1%	-0.1%	59.2M	-2.35B	-20.1M	0.76	18.75	40,783	30,795	873,766	768,966
2025-07-24	$75.46	$70.00	28.3%	8.2%	60.7%	14.6%	32.3%	0.9%	-0.2%	46.4M	-1.91B	-20.2M	1.80	14.94	31,031	55,757	874,890	783,888
2025-07-25	$76.38	$70.00	27.3%	7.8%	60.6%	12.3%	29.1%	1.0%	-0.0%	50.0M	-2.22B	-19.8M	0.77	5.29	35,031	26,966	880,040	806,309
2025-07-28	$79.03	$70.00	27.2%	7.8%	32.9%	12.2%	27.9%	1.0%	-0.3%	61.5M	-2.74B	-19.5M	0.50	21.48	71,330	35,480	859,459	776,926
2025-07-29	$78.31	$70.00	27.3%	8.0%	32.1%	12.5%	28.8%	1.5%	-0.1%	57.8M	-2.49B	-19.6M	0.60	19.70	24,901	14,881	865,569	787,340
2025-07-30	$76.37	$70.00	28.7%	8.2%	31.8%	15.6%	28.9%	1.2%	-0.0%	37.0M	-1.99B	-19.7M	0.39	32.02	37,749	14,532	868,402	788,772
2025-07-31	$74.55	$70.00	29.0%	8.6%	29.0%	16.2%	30.9%	1.2%	0.8%	9.9M	-1.45B	-19.5M	0.93	14.87	38,246	35,577	872,890	791,385