NKE Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $32.14 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.73

963k P / 1.3M C

Put/Call (Volume)

0.85

258k P / 303k C that session

30d ATM IV

56%

annualized implied move

Call wall

$40

155k contracts

Put wall

$30

84k contracts

Tail hedging

0.0×

deep-OTM puts vs calls

What the positioning says

●Call wall at $40 (155k contracts), 24% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $30 (84k contracts), 7% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 26.2× deep-OTM put OI — speculative upside positioning dominates the tails.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-02	85k	64k	0.75	292k
2026-10-09	26k	20k	0.77	53k
2026-10-16	197k	143k	0.73	109k
2026-10-23	9k	8k	0.83	7k
2026-10-30	9k	4k	0.45	9k
2026-11-06	930	5k	5.89	6k
2026-11-13	0	0	—	4k
2026-11-20	78k	67k	0.86	29k
2026-12-18	187k	96k	0.51	12k
2027-01-15	295k	145k	0.49	20k
2027-03-19	85k	54k	0.63	4k
2027-04-16	5k	6k	1.09	3k
2027-06-17	80k	90k	1.12	2k
2027-09-17	15k	21k	1.44	2k
2027-12-17	60k	58k	0.96	2k
2028-01-21	139k	122k	0.87	4k
2028-06-16	22k	38k	1.72	442
2028-12-15	24k	16k	0.67	1k
2029-01-19	4k	8k	1.93	1k

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.