NKE             announces earnings on 12/22 (Tuesday) after market close, so look to put on your play before NY close.

Here's the standard short strangle setup:

Dec 31st 118/141 short strangle
POP%: 75%
Max Profit: 1.25 credit ($125)/contract
BPE: ~$1572
BE's: 116.75/142.25

Note: I ran an iron condor setup, but it looks like it will generate less than a .50 credit/contract ... . I would also note that it may be less than ideally liquid, so you may want to shoot for a higher fill price if the opportunity presents itself.
Comment: Post-announcement, it looks like NKE took a minor bounce that is well within my short strikes. My guess is that with the upcoming split, there may be less buying interest than usual post-announcement and that buyers are potentially waiting to pounce on it post split ... .
Comment: Out for 50% max profit. Gotta love the quickies ... .
Filed for 1.25 ... .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out