Mixed options sentiment in Nike (NKE), with shares down 93c near $66.50. Options volume relatively light with 9187 contracts traded and calls leading puts for a put/call ratio of 0.78, compared to a typical level near 0.64. Implied volatility (IV30) dropped 1.44 near 31.77,and below the 52wk median, suggesting an expected daily move of $1.33. 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:
- Lululemon Stock Jumps on NHL-Branded Apparel Partnership with Fanatics
- On Holding price target lowered to $50 from $57 at Goldman Sachs
- Mixed options sentiment in Nike with shares down 0.41%
- Mixed options sentiment in Nike with shares up 1.26%
- Dick’s Sporting price target raised to $275 from $248 at Truist
