Nike Options Trading Sets Records in August

Nike's (NKE.US) options trading saw significant activity on August 24th ET, with a total of 121.01K contracts traded for the day.

The put options accounted for 43.64% of the total transactions, while call options made up 56.36%, indicating that investors were more bearish than bullish on Nike's stock at this time.

The open interest of Nike (NKE.US) as of the close of the day was approximately 2.27 million contracts, which is a significant increase from the past 30 trading days' average. In fact, it's 116.01% higher than the previous average.

One unusual option trade stood out: an 8,000-contract put option with a strike price of $32.50 expiring on January 21st, 2028. This transaction reflected a turnover of approximately $2.84 million and ranked first among Nike's (NKE.US) unusual option trades for the day.