Reallifetrading

NKE put sale over earnings

NYSE:NKE   NIKE INC
I've never owned shares of NKE             . NKE             is absolutely in a distribution phase. It needs to rest. "Been running too long: So, at this point, looking to buy low sell high, put sale over earnings at the $50 strike .45 limit

<Not getting rich off of this put sale. Just doing it to bring in some prem and maybe own some shares if put the stock .>
4 contracts.
On a side note, NKE has had 10 bearish <black> candles / weeks in a row. A pop makes sense.
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