Moderately bullish activity in Nike with shares up 2.98%

Moderately bullish activity in Nike (NKE), with shares up $1.89, or 2.98%, near $65.22. Options volume running well above average with 83k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 0.8 points near 47.04,in the top quartile of the past year, suggesting an expected daily move of $1.93. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Nike (NKE) will report earnings after the close on 2025-12-18.Option markets are pricing in a 50% probability of a move greater than 9.94% or $6.48.