NIKE Inc. (NKE)
NYSE: NKE
· Real-Time Price · USD
77.37
0.98 (1.28%)
At close: Aug 15, 2025, 2:46 PM
NKE Delta Exposure By Expiry
The total Delta Exposure (DEX) for NKE across all expirations shows 16,638,625.25 net shares that market makers must hedge, with 26,578,902.04 from calls and 9,940,276.79 from puts. The put-call delta ratio of 0.37 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks. The largest delta concentration at Sep 19, 25 with 3,605,559.11 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
NKE DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 502,126.06 | -120,181.67 | 381,944.39 | 0.24 |
| Aug 29, 25 | 168,724.55 | -100,059.42 | 68,665.13 | 0.59 |
| Sep 5, 25 | 84,072.82 | -43,424.12 | 40,648.7 | 0.52 |
| Sep 12, 25 | 48,409.34 | -18,635.86 | 29,773.48 | 0.38 |
| Sep 19, 25 | 5,270,237.76 | -1,664,678.65 | 3,605,559.11 | 0.32 |
| Sep 26, 25 | 13,881.44 | -23,236.82 | -9,355.38 | 1.67 |
| Oct 17, 25 | 2,636,902.31 | -758,483.36 | 1,878,418.95 | 0.29 |
| Nov 21, 25 | 290,998.72 | -222,354.87 | 68,643.85 | 0.76 |
| Dec 19, 25 | 4,328,584.89 | -754,561.73 | 3,574,023.16 | 0.17 |
| Jan 16, 26 | 5,201,679.31 | -2,892,536.98 | 2,309,142.33 | 0.56 |
| Feb 20, 26 | 81,126.05 | -37,863.4 | 43,262.65 | 0.47 |
| Mar 20, 26 | 1,813,699.54 | -556,910.46 | 1,256,789.08 | 0.31 |
| Apr 17, 26 | 0 | 0 | 0 | n/a |
| Jun 18, 26 | 1,508,149.44 | -582,171.54 | 925,977.9 | 0.39 |
| Sep 18, 26 | 179,438.48 | -121,126.34 | 58,312.14 | 0.68 |
| Dec 18, 26 | 1,043,214.05 | -704,065.31 | 339,148.74 | 0.67 |
| Jan 15, 27 | 2,298,245.3 | -973,667.34 | 1,324,577.96 | 0.42 |
| Dec 17, 27 | 1,109,411.98 | -366,318.92 | 743,093.06 | 0.33 |