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Nike call volume above normal and directionally bullish

Bullish option flow detected in Nike (NKE) with 52,348 calls trading, 2x expected, and implied vol increasing over 2 points to 28.74%. Nov-24 77 calls and 11/22 weekly 79 calls are the most active options, with total volume in those strikes near 20,900 contracts. The Put/Call Ratio is 0.25. Earnings are expected on December 19th.

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