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Nike call volume above normal and directionally bullish
The Fly

Nike call volume above normal and directionally bullish

Bullish option flow detected in Nike (NKE) with 33,103 calls trading, 1.7x expected, and implied vol increasing almost 5 points to 33.90%. 12/27 weekly 65 puts and Jan-27 77.5 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.49. Earnings are expected on December 19th.

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