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Mixed options sentiment in Nike with shares up 0.48%

Mixed options sentiment in Nike (NKE), with shares up 36c, or 0.48%, near $74.56. Options volume running well above average with 203k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.66. Implied volatility (IV30) dropped 0.22 near 29.92,and below the 52wk median, suggesting an expected daily move of $1.41. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at KeyBanc.

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