NKE News & Events

Mixed options sentiment in Nike (NKE), with shares down 94c near $57.09. Options volume roughly in line with average with 37k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.76. Implied volatility (IV30) dropped 0.27 near 49.35, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.77. Put-call skew flattened, suggesting a modestly bullish tone.

In a regulatory filing, the company states: "NIKE management has been evaluating opportunities to operate more efficiently and profitably through realigning costs, while also investing to reignite growth. On February 27, the Company's management approved a plan to implement certain organizational changes, which together with previously approved actions, are expected to result in pre-tax charges of approximately $300 million for the nine months ended February 28, 2026, primarily associated with employee severance costs, and substantially all recognized in the third quarter of fiscal year 2026. The Company continues to evaluate opportunities and may take additional actions which could lead to additional charges in future quarters."