Mixed options sentiment in Nike (NKE), with shares down 28c near $69.39. Options volume relatively light with 38k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.65. Implied volatility (IV30) dropped 1.47 near 31.02,and below the 52wk median, suggesting an expected daily move of $1.36. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NKE:
- Mixed options sentiment in Nike with shares up 1.26%
- Dick’s Sporting price target raised to $275 from $248 at Truist
- Option traders moderately bearish in Nike with shares down 2.43%
- Midday Fly By: Big banks beat again, Apple unveils M5
- Nvidia upgraded, Ibotta downgraded: Wall Street’s top analyst calls