Mixed options sentiment in Nike with shares down 1.61%

Mixed options sentiment in Nike (NKE), with shares down 94c near $57.09. Options volume roughly in line with average with 37k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.76. Implied volatility (IV30) dropped 0.27 near 49.35, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.77. Put-call skew flattened, suggesting a modestly bullish tone.