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TopgOptions
Mar 19, 2024 10:33 AM

NKE NIKE Options Ahead of Earnings Long

Nike, Inc.NYSE

Description

If you haven`t sold the massive Head and Shoulders bearish chart pattern of NKE:


Then analyzing the options chain and the chart patterns of NKE NIKE prior to the earnings report this week,
I would consider purchasing the 100usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $10.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Comments
gvoommen
Very good call.
TopgOptions
@gvoommen, thanks, man.
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