Moderately bullish activity in Nike (NKE), with shares up 86c, or 2.02%, near $43.77. Options volume roughly in line with average with 105k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 0.0 points near 32.78,and below the 52wk median, suggesting an expected daily move of $0.90. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Piper Sandler.
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