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Nike call volume above normal and directionally bullish

Bullish option flow detected in Nike (NKE) with 33,103 calls trading, 1.7x expected, and implied vol increasing almost 5 points to 33.90%. 12/27 weekly 65 puts and Jan-27 77.5 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.49. Earnings are expected on December 19th.

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