NKE Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete NKE options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around NKE.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian
Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%
Current DPI is -0.612(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..
Options Terrain Outlook (3-Month)
The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)
Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.20), pin strength 0.70.
Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 9.10% 1-day move.
The expected range for the next 1 days is 33.91 — 37.31 , corresponding to +6.15% / -3.52% .
Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.
Bullish flow suggests upside interest toward 37.72 (7.31% above spot).
Bearish positioning points to downside pressure toward 34.04 (3.15% below spot).
Options flow strength: 0.97 (0–1 scale). ATM Strike: 35.00, Call: 1.67, Put: 1.52, Straddle Cost: 3.20.
Price moves may extend once a direction forms. The short-term gamma flip is near 36.48 , with intermediate positioning around 36.75 . The mid-term gamma flip remains near 36.84.