Nike Shares Up 0.2%, Options Activity Moderate
Moderately bullish activity in Nike (NKE), with shares up 10c, or 0.2%, near $53.09. Options volume relatively light with 11k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.86. Implied volatility (IV30) is higher by 0.0 points near 49.07,in the top quartile of the past year, suggesting an expected daily move of $1.64. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Nike (NKE) will report earnings after the close on 2026-03-31.Option markets are pricing in a 50% probability of a move greater than 7.57% or $4.02.