Bearish flow noted in Nike (NKE) with 23,612 puts trading, or 1.1x expected. Most active are 2/13 weekly 60 puts and Mar-26 70 calls, with total volume in those strikes near 16,700 contracts. The Put/Call Ratio is 1.54, while ATM IV is up over 3 points on the day. Earnings are expected on March 19th.
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