Bullish flow in Nike with shares up 4.61%

Bullish flow in Nike (NKE), with shares up $2.77 (+4.61%) near $62.78.Options volume relatively light with 76k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 4.4 points near 43.97,in the top quartile of the past year, suggesting an expected daily move of $1.74. Put-call skew flattened, suggesting a modestly bullish tone.