Mixed options sentiment in Nike (NKE), with shares down 22c near $44.20. Options volume relatively light with 54k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 0.8 points near 34.26,and above the 52wk median, suggesting an expected daily move of $0.95. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Equal Weight at Wells Fargo.
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