Mixed options sentiment in Nike (NKE), with shares up 83c, or 1.09%, near $77.22. Options volume relatively light with 38k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.71. Implied volatility (IV30) dropped 0.44 near 27.56,and below the 52wk median, suggesting an expected daily move of $1.34. Put-call skew steepened, indicating increased demand for downside protection.
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