Mixed options sentiment in Nike (NKE), with shares down $1.20 near $75.48. Options volume relatively light with 13k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.8. Implied volatility (IV30) is higher by 0.2 points near 28.17,and below the 52wk median, suggesting an expected daily move of $1.34. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at JPMorgan.
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