# NKE: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/NKE
Data through: 2026-10-02 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 33.87 |
| Delta neutral (USD/share) | 38.72 |
| Gamma neutral (USD/share) | 36.47 |
| Gamma max (USD/share) | 41.80 |
| Open interest (contracts) | 2,243,801 |
| Nearest-expiration max pain (USD/share) | 36.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 40.00 |
| Net gamma exposure | -60,652,790 |
| Confirmed GEX flip (USD/share) | 36.47 |
| Call wall (USD/share) | 40.00 |
| Put wall (USD/share) | 35.00 |
| Put/call open-interest ratio | 0.71 |
| Options catalyst-intensity score (0–100) | 56.1 |
| Options directional score (-100 to +100) | -5.1 |
| IV rank | 56.6 |
| Front ATM IV | +38.6% |
| Front-minus-back IV | 1.8 pp |
| Front expected move | +5.3% |
| Front ATM straddle / spot | +3.9% |
| Front 25-delta risk reversal | -0.1 pp |
| Call OI change, 1 session | -10,547 contracts · -0.8% |
| Put OI change, 1 session | -31,236 contracts · -3.2% |
| Call minus put OI growth, 1 session | +2.4 pp |
| Call OI change, 5 sessions | +131,071 contracts · +11.1% |
| Put OI change, 5 sessions | +36,192 contracts · +4.0% |
| Call minus put OI growth, 5 sessions | +7.1 pp |
| Daily call OI change surprise | -0.24σ (252 prior changes) |
| Daily put OI change surprise | -0.92σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.91σ (252 prior changes) |
| Daily open interest change (contracts) | -41,783 |
| Daily open interest change z-score (prior 252) | -0.54σ (252 prior changes) |
| Gamma max distance from close | +23.4% |
| Delta neutral distance from close | +14.3% |
| Prior-year sessions closer to gamma max | 80.6% of 252 |
| Prior-year sessions closer to delta neutral | 97.2% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 7 | -0.1% | -0.8% to +1.1% | 43% | -2.4% to +1.7% | 0.0% |
| above | Day +3 | 7 | -0.0% | -0.6% to +0.5% | 43% | -7.6% to +3.0% | 0.0% |
| above | Day +5 | 7 | +0.2% | -2.8% to +1.6% | 57% | -7.9% to +3.5% | 0.0% |
| above | Day +10 | 7 | -0.4% | -6.5% to +3.5% | 43% | -10.2% to +8.2% | 0.0% |
| below | Day +1 | 7 | +0.5% | -0.5% to +1.8% | 57% | -0.6% to +3.3% | 0.0% |
| below | Day +3 | 7 | -0.7% | -1.9% to +1.8% | 29% | -5.2% to +7.5% | 0.0% |
| below | Day +5 | 7 | -0.6% | -4.2% to +3.2% | 43% | -11.1% to +5.1% | 0.0% |
| below | Day +10 | 7 | +1.3% | -2.8% to +3.7% | 57% | -12.3% to +8.6% | 0.0% |

Returns are close-to-close after the labelled number of subsequent trading sessions. Cohorts require gamma max to be within 10% of the close on both crossing sessions. Historical windows can overlap and are not independent observations, so interval coverage is not guaranteed.

- [Machine-readable snapshot](https://halfonadouble.com/api/v1/tickers/NKE.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NKE.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/NKE.json?date=2026-10-02)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).