What move does the options market price into Nike's report?

Implied ±3.7%, either direction.

How often does Nike move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

NKENYSERubber & Plastics Footwear

Nike, Inc. (NKE) earnings date, market-implied expected move, and options open interest by expiry

38.67

+0.25 · +0.66%

post 38.58 −0.24%

Closed19:43 ET

Open38.78Volume27.0MMkt cap$57.4BP/E18.46EPS2.09Div yield4.24%

Day38.54 – 39.009%52-wk31.97 – 67.3619%

NKE

Nike, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.7%implied · report alone

8Q avg ±7.9%·×0.47·cheap

37.2540.09

straddle ±10.7%

spot 38.67exp Dec 18ATM strike 37.5ATM straddle 4.87IV 43%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Dec 17

after close · in 46 days

est.Q2 FY27

Calendar

Next report

Last report

−3.64%

vs ±7.7% implied · ×0.47

shaded = implied · ▲▼ = realized

Oct 1 '26 · confirmed

Implied vs realized

Linked news

3dPVH · customerPVH declares quarterly cash dividend of $0.0375 per share
44dLOOP · supplierLOOP — trading halt (T3) · resumed 16:35 ET
50dCAL · customerCaleres (CAL) Stock Lags Behind Its Brand Portfolio’s Surge

News

Largest filed tie

13F top-10 QoQ

+8.87%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

1,742 managers

Top fund weight

1.23%

NKE weight · XLY

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Nike (NKE) is expected to report on Dec 17 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±6.6%
avg realized: ±7.9%

Mar 20 '25Mar 20 '25confirmed±6.7%▼−5.46%×0.81

Jun 26 '25Jun 26 '25confirmed±6.7%▲+15.19%×2.28

Sep 30 '25Sep 30 '25confirmed±7.8%▲+6.41%×0.82

Q2 FY26Dec 18 '25confirmed±6.3%▼−10.54%×1.68

Q3 FY26Mar 31 '26confirmed±6.9%▼−15.51%×2.24

Q4 FY26Jun 23 '26confirmed±2.5%▼−1.32%×0.53

Jun 30 '26Jun 30 '26confirmed±8.4%▲+4.90%×0.58

Q1 FY27Oct 1 '26confirmed±7.7%▼−3.64%×0.47

quarterimplied−20%0+20%realized×

Q1 FY27±7.7%▼−3.64%×0.47

Jun '26±8.4%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 9 expiries · Oct 28 close

0.50OI · 9 expiries · Oct 28 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3 nearer expiries

17,577−19%Nov 65d0.7124,642+17%0.71

9,786+14%Nov 1312d0.4919,915+11%0.49

114,787+13%Nov 2019d0.83138,656+2%0.83

1,233+414%Nov 2726d0.353,523+3255%0.35

1,278+806%Dec 433d0.681,882+855%0.68

report · Dec 17 · after close · est.

ExpiryPutsCallsP/C

3 nearer expiries

Nov 65d17,577−19%24,642+17%0.71

Nov 1312d9,786+14%19,915+11%0.49

Nov 2019d114,787+13%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±10.7%

Funds 4

XLY±0.1%

DIA±0.1%

VIG±0.0%

VTV±0.0%

Customers 2

CAL±7.6%×0.71

PVH±5.4%×0.51

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ1 FY27

6.35%as filednet margin · revenue +2.20% QoQ · −4.33% YoY

Revenue

$11.2B+2.20% QoQ

Gross profit

$4.8B−11.03% QoQ

42.79% margin

Operating income

$888M−32.27% QoQ

7.92% margin

Pre-tax income

$921M−30.70% QoQ

Net income

$712M−33.40% QoQ

6.35% margin

Cost of revenue

$6.4B+14.98% QoQ

Operating expenses

$3.9B−4.21% QoQ

SG&A $2.7B

Marketing $1.3B

Tax

$209M−19.62% QoQ

Other income

$33M+83.33% QoQ

Revenue$11.2B+2.20%

Gross profit

$4.8B−11.03%

42.79% margin

Operating income

$888M−32.27%

7.92% margin

Pre-tax income

$921M−30.70%

Net income

$712M−33.40%

6.35% margin

Cost of revenue

$6.4B+14.98%

Operating expenses

$3.9B−4.21%

SG&A $2.7B

Marketing $1.3B

Other income$33M+83.33%

Tax$209M−19.62%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 31 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:30 ET

Intraday

Event sensitivity

PCE ×1.42· ±2.1% vs ±1.5% · 19 releases

eventrelease day|move|up · n×base

PCEpersonal income & outlays±2.1%5 of 19×1.42

PPIproducer prices±2.0%3 of 10×1.32

FOMCrate decision±1.6%9 of 24×1.10

CPROFcorporate profits±1.5%6 of 12×0.97

CPIconsumer prices±1.4%3 of 10×0.96

GDPgross domestic product±1.4%6 of 19×0.92

NFPjobs report±1.2%2 of 9×0.81

Bar = avg |move| to ±3% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 0.48 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Oct 1 '26 · confirmed	0.48	—
Q4 FY26	Jun 23 '26 · confirmed	0.73	—
Q3 FY26	Mar 31 '26 · confirmed	0.35	—
Q2 FY26	Dec 18 '25 · confirmed	0.53	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod