Nike call volume above normal and directionally bullish
The Fly

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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