Nike (NKE) volatility flat into better than expected futures outlook

Nike (NYSE: NKE) is recently down 9c to $110.90 in the premarket on Q3 EPS $1.20, consensus $1.17 Citigroup say’s “Futures impressive & expect continued strong revenue growth; Buy.” Overall option implied volatility of 27 is near its 26-week average of 29 according to Track Data.

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