Looks topped out with a reversal pattern. Bought next week's puts, but might flip it tomorrow if it drops a buck. PoS has a tendency to bounce at the top.
Also, MFI divergence, coming off overbought condition.
Trade closed manually
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I had both UAA and NKE puts, decided to flip this as the action is better for UAA
Comment
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Lucky I flipped those puts, have no idea WTF this is doing. Same with MTH. Both up in a down market to new ATH with MFI divergence on teh daily.
Housing reports were not in green. Nike has exposure to Asian markets... I think you were right. Why flipping?
parkerthkelly
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What putss did you buy?
hungry_hippo
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@parkerthkelly, next weeks, I usually go slightly in the money, in this case $96.5. Just so you know, I might flip them tomorrow if I get $1. I usually don;t do long term hold on options, just quick flips.