Mixed options sentiment in Nike with shares down 3.38%

Mixed options sentiment in Nike (NKE), with shares down $1.49 near $42.52. Options volume roughly in line with average with 147k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 0.3 points near 33.08,and below the 52wk median, suggesting an expected daily move of $0.89. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Piper Sandler.