Mixed options sentiment in Nike (NKE), with shares up 84c, or 1.26%, near $67.69. Options volume relatively light with 27k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.66. Implied volatility (IV30) dropped 0.74 near 35.38,and above the 52wk median, suggesting an expected daily move of $1.51. Put-call skew steepened, indicating increased demand for downside protection.
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