Mixed options sentiment in Nike with shares up 0.1%

Mixed options sentiment in Nike (NKE), with shares up 4c, or 0.1%, near $44.41. Options volume relatively light with 74k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.56. Implied volatility (IV30) dropped 0.44 near 33.18,and below the 52wk median, suggesting an expected daily move of $0.93. Put-call skew steepened, indicating increased demand for downside protection.