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.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-03-27

Gamma Flip

59.07

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.176

Shows put vs call positioning

IV Skew

-3.02

Put–call IV difference

Max Pain Price Volatility

σ = 10.54

medium volatility

Confidence 88%

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 -0.673(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for NKE are at 52.44, 51.62, and 49.15, while the resistance levels are at 53.52, 54.34, and 56.81. The pivot point, a key reference price for traders, is at 56.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.72% 1-day move.

The expected range for the next 2 days is 51.95 — 54.59 , corresponding to +3.04% / -1.94% .

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 55.43 (4.62% above spot).

Bearish positioning points to downside pressure toward 51.55 (2.71% below spot).

Options flow strength: 0.73 (0–1 scale). ATM Strike: 53.00, Call: 0.65, Put: 0.64, Straddle Cost: 1.29.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 59.07 . The mid-term gamma flip remains near 59.38.