Nike Stock Options Expiring on 21st of April 2023

NKE
 Stock
  

USD 111.36  3.03  2.80%   

Nike's latest option contracts expiring on 2023-04-21 are carrying combined implied volatility of 57.79 with a put-to-call open interest ratio of 1.61 over 64 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2023-04-21. The current put volume is at 1096, with calls trading at the volume of 195. This yields a 5.62 put-to-call volume ratio. The Nike option chain provides detailed quote and price information for the current Nike Inc option contracts. It shows all of Nike's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2023-04-21 Option Contracts

Nike option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Nike's lending market. For example, when Nike's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Nike, he or she must hedge the risk by shorting Nike stock over its option's life.
The chart above shows Nike's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Nike's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Nike's option, there is no secondary market available for investors to trade.

Nike Maximum Pain Price across 2023-04-21 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Nike close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Nike's stock options are financial instruments that give investors the right to buy or sell shares of Nike Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Nike stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Nike's stock price goes up or down, the stock options follow.
Additionally, see Correlation Analysis.
Please note that buying 'in-the-money' options on Nike lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Nike's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Nike contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Nike Stock moves the wrong way.
As of December 9, 2022, Net Income Common Stock is expected to decline to about 5.3 B

Nike Inc In The Money Call Balance

When Nike's strike price is surpassing the current stock price, the option contract against Nike Inc stock is said to be in the money. When it comes to buying Nike's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Nike Inc are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Nike Current Options Market Mood

Nike's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Nike Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Nike's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Nike's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Nike's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Nike contract

Base on the Rule 16, the options market is currently suggesting that Nike Inc will have an average daily up or down price movement of about 3.61% per day over the life of the 2023-04-21 option contract. With Nike trading at USD111.36, that is roughly USD4.02. If you think that the market is fully incorporating Nike's daily price movement you should consider buying Nike Inc options at the current volatility level of 57.79%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Nike Option Chain

When Nike's strike price is surpassing the current stock price, the option contract against Nike Inc stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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Nike's option chain is a display of a range of information that helps investors for ways to trade options on Nike. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Nike. It also shows strike prices and maturity days for a Nike against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2023-04-21 CALL at $45.00.97669.0E-402023-04-2166.6 - 67.50.0In
Call
2023-04-21 CALL at $47.50.97779.0E-432023-04-2164.15 - 64.8540.4In
Call
2023-04-21 CALL at $50.00.9730.0011132023-04-2161.7 - 62.655.65In
Call
2023-04-21 CALL at $55.00.96320.0015322023-04-2157.1 - 57.856.0In
Call
2023-04-21 CALL at $60.00.95760.0019582023-04-2152.2 - 52.9535.0In
Call
2023-04-21 CALL at $65.00.94210.0025502023-04-2147.5 - 48.542.39In
Call
2023-04-21 CALL at $70.00.92820.0032802023-04-2142.9 - 43.7541.89In
Call
2023-04-21 CALL at $75.00.91020.00411252023-04-2138.45 - 39.033.65In
Call
2023-04-21 CALL at $80.00.88530.0052632023-04-2133.9 - 34.733.75In
Call
2023-04-21 CALL at $82.50.86790.0059402023-04-2131.85 - 32.6517.15In
Call
2023-04-21 CALL at $85.00.85620.00661032023-04-2129.7 - 30.1529.24In
Call
2023-04-21 CALL at $87.50.83720.00731202023-04-2127.7 - 28.0521.6In
Call
2023-04-21 CALL at $90.00.81590.00814372023-04-2125.65 - 26.1523.22In
Call
2023-04-21 CALL at $92.50.79430.00895982023-04-2123.7 - 24.121.45In
Call
2023-04-21 CALL at $95.00.7710.009728102023-04-2121.7 - 22.1521.38In
Call
2023-04-21 CALL at $97.50.74390.010514242023-04-2119.95 - 20.317.95In
Call
2023-04-21 CALL at $100.00.71520.01135712023-04-2118.2 - 18.5515.0In
Call
2023-04-21 CALL at $105.00.65310.01296592023-04-2114.9 - 15.114.35In
Call
2023-04-21 CALL at $110.00.58360.014112072023-04-2112.0 - 12.1511.62In
Call
2023-04-21 CALL at $115.00.51020.014918752023-04-219.45 - 9.68.8Out
Call
2023-04-21 CALL at $120.00.43550.015120962023-04-217.25 - 7.456.7Out
Call
2023-04-21 CALL at $125.00.36140.01499022023-04-215.5 - 5.655.5Out
Call
2023-04-21 CALL at $130.00.29560.01396632023-04-214.1 - 4.24.05Out
Call
2023-04-21 CALL at $135.00.23570.01263652023-04-212.99 - 3.12.95Out
Call
2023-04-21 CALL at $140.00.18420.0114732023-04-212.16 - 2.252.14Out
Call
2023-04-21 CALL at $145.00.14210.00941772023-04-211.56 - 1.621.39Out
Call
2023-04-21 CALL at $150.00.10860.00781412023-04-211.11 - 1.181.01Out
Call
2023-04-21 CALL at $155.00.08210.00645562023-04-210.79 - 0.850.74Out
Call
2023-04-21 CALL at $160.00.06190.0051472023-04-210.57 - 0.610.46Out
Call
2023-04-21 CALL at $165.00.04690.0041882023-04-210.41 - 0.450.34Out
Call
2023-04-21 CALL at $170.00.03520.00321172023-04-210.29 - 0.330.23Out
Call
2023-04-21 CALL at $175.00.02680.00261802023-04-210.21 - 0.250.18Out
 Put
2023-04-21 PUT at $45.0-0.00885.0E-4622023-04-210.13 - 0.160.16Out
 Put
2023-04-21 PUT at $47.5-0.01066.0E-43792023-04-210.16 - 0.190.19Out
 Put
2023-04-21 PUT at $50.0-0.01237.0E-4582023-04-210.2 - 0.230.3Out
 Put
2023-04-21 PUT at $55.0-0.01820.00111882023-04-210.3 - 0.330.35Out
 Put
2023-04-21 PUT at $60.0-0.02630.001510112023-04-210.44 - 0.470.53Out
 Put
2023-04-21 PUT at $65.0-0.03760.002245542023-04-210.63 - 0.670.69Out
 Put
2023-04-21 PUT at $70.0-0.0520.00297332023-04-210.88 - 0.920.96Out
 Put
2023-04-21 PUT at $75.0-0.07160.00416942023-04-211.22 - 1.281.22Out
 Put
2023-04-21 PUT at $80.0-0.09720.005216242023-04-211.67 - 1.741.72Out
 Put
2023-04-21 PUT at $82.5-0.11180.00592122023-04-211.95 - 2.022.07Out
 Put
2023-04-21 PUT at $85.0-0.1290.006761322023-04-212.28 - 2.352.44Out
 Put
2023-04-21 PUT at $87.5-0.14820.007510872023-04-212.66 - 2.732.81Out
 Put
2023-04-21 PUT at $90.0-0.16950.008314672023-04-213.05 - 3.23.3Out
 Put
2023-04-21 PUT at $92.5-0.19330.00929452023-04-213.55 - 3.73.75Out
 Put
2023-04-21 PUT at $95.0-0.2190.01018692023-04-214.1 - 4.254.4Out
 Put
2023-04-21 PUT at $97.5-0.24670.01115702023-04-214.7 - 4.854.9Out
 Put
2023-04-21 PUT at $100.0-0.2770.0129362023-04-215.4 - 5.555.75Out
 Put
2023-04-21 PUT at $105.0-0.34390.01374352023-04-217.05 - 7.27.45Out
 Put
2023-04-21 PUT at $110.0-0.41810.01512272023-04-219.05 - 9.29.6Out
 Put
2023-04-21 PUT at $115.0-0.49620.01578882023-04-2111.45 - 11.6511.65In
 Put
2023-04-21 PUT at $120.0-0.5790.01621712023-04-2114.2 - 14.4515.1In
 Put
2023-04-21 PUT at $125.0-0.65760.01562302023-04-2117.25 - 17.9518.25In
 Put
2023-04-21 PUT at $130.0-0.73220.01444172023-04-2120.9 - 21.522.25In
 Put
2023-04-21 PUT at $135.0-0.80340.0126132023-04-2124.85 - 25.425.95In
 Put
2023-04-21 PUT at $140.0-0.86120.0101202023-04-2129.2 - 29.7532.5In
 Put
2023-04-21 PUT at $145.0-0.9240.0068152023-04-2133.6 - 34.2537.1In
 Put
2023-04-21 PUT at $150.0-0.91160.006702023-04-2138.2 - 39.050.0In
 Put
2023-04-21 PUT at $155.0-0.90850.006202023-04-2143.05 - 44.150.0In
 Put
2023-04-21 PUT at $160.0-0.94330.004302023-04-2148.0 - 48.850.0In
 Put
2023-04-21 PUT at $165.0-0.91790.005102023-04-2153.0 - 54.10.0In
 Put
2023-04-21 PUT at $170.0-0.94340.003702023-04-2158.0 - 58.959.4In
 Put
2023-04-21 PUT at $175.0-0.94830.003402023-04-2163.05 - 63.850.0In

Nike Net Income Common Stock Over Time

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends.
   Net Income Common Stock   
Share
       Timeline  

Nike Inc Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Nike, understanding its historical liability is critical in projecting Nike's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how Nike uses its financing power over time.

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Additionally, see Correlation Analysis. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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Is Nike's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine Nike value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.