NKE Options History — January 2026

In January 2026, NKE traded between $61.67 and $66.10. ATM implied volatility averaged 31.4%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 14.6% (HV 20d: 46.0%). Max pain ranged from $62.50 to $65.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.82.

Notable Days

2026-01-09: Highest Volume — 234,995 contracts
2026-01-06: Largest IV spike — 9.3% change
2026-01-13: Highest IV Rank — 24.8%
2026-01-20: Largest Expected Move — 9.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$64.35	$61.67	$66.10	$63.23	$61.67
Max Pain	$64.88	$62.50	$65.00	$62.50	$65.00
ATM IV	31.4%	28.4%	32.9%	28.4%	32.4%
Expected Move	8.8%	8.2%	9.1%	8.2%	8.9%
HV 20d	46.0%	26.7%	58.0%	57.1%	26.7%
HV 60d	40.1%	39.7%	41.0%	40.7%	39.9%
IV Rank	20.7%	14.9%	24.8%	14.9%	17.9%
IV Percentile	36.2%	23.4%	43.3%	23.4%	39.7%
Term Structure	-0.0%	-1.8%	1.7%	0.4%	1.5%
VWIV	31.3%	29.3%	33.2%	29.4%	31.4%
Skew 25d	0.2%	-1.2%	1.4%	-0.9%	0.3%
Skew 10d	1.1%	-4.3%	12.8%	0.8%	0.4%
Call IV 25d	31.5%	29.2%	33.2%	29.2%	31.3%
Put IV 25d	31.7%	28.4%	33.8%	28.4%	31.6%
Bid-Ask Spread %	22.34	14.50	34.26	15.00	14.50
Gamma HHI	0.07	0.05	0.14	0.07	0.14
Net GEX	18.4M	-42.0M	55.0M	11.1M	-42.0M
Net DEX	-385.0M	-1.02B	389.7M	-399.4M	389.7M
Net VEX	-15.8M	-16.8M	-14.8M	-15.9M	-14.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.33	1.79	0.79	1.45
Total Volume	125,417.8	40,349	234,995	189,598	66,850
Total OI	1,536,437.45	1,269,920	1,799,014	1,683,509	1,343,147

Daily Data (20 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
2026-01-02	$63.23	$62.50	28.4%	8.2%	57.1%	14.9%	29.4%	-0.9%	0.4%	11.1M	-399.4M	-15.9M	0.79	15.00	106,060	83,538	949,178	734,331
2026-01-05	$64.66	$65.00	29.4%	8.2%	57.7%	17.1%	29.3%	0.3%	-0.6%	29.8M	-616.8M	-16.0M	0.68	22.23	122,710	83,328	923,283	710,946
2026-01-06	$65.12	$65.00	32.1%	8.9%	57.7%	23.3%	31.8%	0.6%	0.4%	31.0M	-732.5M	-16.4M	0.62	26.22	128,896	79,760	937,988	718,387
2026-01-07	$63.32	$65.00	31.7%	8.9%	57.3%	22.3%	31.8%	0.9%	-0.7%	22.3M	-337.0M	-16.1M	0.59	23.71	103,137	61,269	983,316	740,484
2026-01-08	$65.03	$65.00	32.1%	8.9%	58.0%	23.1%	31.7%	-1.2%	0.4%	50.7M	-870.0M	-16.8M	0.61	18.17	138,426	84,624	1,014,321	753,789
2026-01-09	$65.61	$65.00	31.6%	8.6%	56.5%	21.9%	30.7%	-0.4%	-1.8%	55.0M	-1.02B	-16.7M	0.72	32.80	136,744	98,251	1,033,017	765,997
2026-01-12	$65.38	$65.00	32.3%	9.0%	55.8%	23.6%	32.1%	-0.5%	-0.4%	37.1M	-736.7M	-16.3M	1.46	18.89	47,440	69,374	969,275	739,250
2026-01-13	$66.10	$65.00	32.9%	9.1%	56.0%	24.8%	32.1%	0.9%	-1.4%	49.6M	-959.7M	-16.4M	0.69	17.84	94,683	65,540	979,243	746,704
2026-01-14	$65.27	$65.00	32.6%	9.0%	56.0%	24.2%	32.1%	1.4%	-1.5%	43.6M	-657.3M	-16.2M	0.93	30.01	72,404	67,649	990,940	758,840
2026-01-15	$64.58	$65.00	31.2%	8.7%	56.0%	21.2%	30.8%	0.1%	-1.0%	28.4M	-430.7M	-15.8M	1.79	17.20	59,846	106,912	982,966	769,260
2026-01-16	$64.39	$65.00	30.5%	8.6%	55.7%	19.5%	30.2%	-0.3%	-1.5%	13.0M	-273.4M	-15.6M	0.58	21.04	57,141	33,261	994,264	778,595
2026-01-20	$63.58	$65.00	32.0%	9.1%	55.8%	22.8%	33.2%	1.4%	1.1%	6.8M	-64.0M	-15.3M	0.63	34.26	57,513	36,185	691,250	578,670
2026-01-21	$65.05	$65.00	31.6%	9.1%	32.5%	22.0%	31.9%	0.4%	0.3%	18.9M	-346.6M	-15.7M	0.46	20.91	47,314	21,731	705,609	594,230
2026-01-22	$65.67	$65.00	30.5%	8.7%	31.1%	19.4%	30.5%	0.3%	0.9%	24.9M	-467.3M	-15.8M	0.38	21.98	50,603	19,057	709,714	600,945
2026-01-23	$64.93	$65.00	30.5%	8.6%	31.6%	18.5%	30.1%	0.6%	0.8%	13.5M	-310.9M	-15.6M	0.69	14.76	35,618	24,541	716,168	605,537
2026-01-26	$65.41	$65.00	31.2%	8.8%	26.9%	19.1%	30.5%	1.0%	0.1%	14.3M	-347.7M	-15.5M	0.33	27.20	30,227	10,122	688,787	594,695
2026-01-27	$63.09	$65.00	32.4%	9.1%	30.4%	21.7%	32.7%	0.3%	0.2%	-1.7M	56.1M	-15.0M	1.13	16.34	37,036	42,031	690,359	596,988
2026-01-28	$62.23	$65.00	31.7%	8.9%	30.8%	18.0%	31.6%	-0.5%	1.7%	-18.8M	259.1M	-14.8M	0.78	31.56	28,687	22,462	697,332	614,547
2026-01-29	$62.66	$65.00	32.0%	9.0%	30.9%	18.5%	31.7%	0.2%	0.9%	-19.2M	165.7M	-14.9M	1.06	22.18	37,555	39,831	704,051	622,346
2026-01-30	$61.67	$65.00	32.4%	8.9%	26.7%	17.9%	31.4%	0.3%	1.5%	-42.0M	389.7M	-14.8M	1.45	14.50	27,324	39,526	710,820	632,327