I like the idea of the 145/140P credit spread here. $1.45 credit for the 11/19 opex
30-45 days or more until expiration would capture the most premium vs. theta decay (sweet spot per Tasty Trades).
You could go long naked : ) higher risk idea . I don't have conviction on how high and quickly Nike will rebound so I like the spread trade idea here
Supply Chain issues.
Factory closes in Vietnam due to Covid-19.
Analysts are expected for the company to lower the sales guidance because of this.
Considering the head and shoulders bearish chart pattern, my price target is 140usd.
In today’s analysis, I will show you something similar as I am going to be talking about in the webinar.
I will show you how to use Volume Profile to identify the best trade entries for long-term investments. In this case, I will discuss the stock of the US company NIKE.
NIKE – Volume Profile Analysis
As many US companies NIKE is in the uptrend. One of the big...
Express has just broken out on friday June 25th, to an intraday high of 8.98 and a session close at 7.10 and an after-market close at 7.22. With this massive spike in volume, a mother candle, the nike break out, and all indicators pointing to more growth; I am fairly confident this retail stock play will run next monday. I have attached support and resistance...
Hi everyone! Today’s trading idea is on Nike (NKE)!
It is a long trade for 3 reasons. First, the pivot at 131.83 was broken today, and this might be the beginning of a good movement next.
Second, the RSI shows an advanced breakout, and this is another confirmation we have here.
Third, we are near support level in the 4h...
As for Nike we are having 2 buying opportunities. If we gain the resistance level we can play the retest. If the price drops again we can buy on the bottom of the range. Always plan for different scenarios. Trade wise!
NYSE:NKE NIKE (NKE) Put Option Play - FRI 5/28
I hope you guys were able to capitalize on todays NKE Put option play. I had to wait it out but it did pay out a nicely.
OK, as many of you know, today 5/27 was the last day to buy NKE shares in order to qualify for Nike's dividend payment.
Those who were only holding for the dividend are able to sell tomorrow 5/28...
As breakout traders , we look for clear sideways movements that we can define as Zig-Zag / Triangle / Irregular / Flat patterns. Once we spot one, we see the context, and then we project the possible target using Fibo extensions (the fibo extension is drawn using the previous impulse to the sideways movement)
In this case, we have a clear Flag Pattern (or...