Event: Nike (NKE) reports fiscal Q2 results tonight after the close. The options market is implying about a 4.5% one day post earnings move. With the stock at $51.50, the Dec23rd weekly 51.50 strangle (the call …
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Athleisure stocks are ripping today with Lululemon (LULU) leading the way, up 4%, Nike (NKE) up 3% and Under Armour (UA) up 2.5%. All three stocks are well off of their 2016 highs though, with …
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On Spetmeber 23rd we previewed NKE’s earnings and detailed a trade idea to target the $50 level. Here was the trade and our rationale at the time: If the company were to just come in …
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Last Thursday we took a look at Costco (COST) (MorningWord 9/29/16: COST’$ Cut) into its into their fiscal Q4 results that evening. The stock was clearly oversold into the print, down 13% from its August …
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On Friday we previewed Nike’s (NKE) fQ1 results that were issued yesterday after the close. We felt the combination of relative under-performance of the stock, its precarious technical set up sitting on near and long term support and the …
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Event: Nike (NKE) reports fiscal Q1 results Tuesday after the close. The options market is implying about a 4.25% one day post earnings move. With the stock at $55.50, the Sept30th weekly 55.50 strangle (the …
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Two weeks ago we looked at Nike (NKE) stock and thought that it offered good risk reward for those looking for a catch-up trade, especially given the international exposure that comes from Olympic Games time. …
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Prior to Nike’s (NKE) fiscal Q4 earnings report in late June, the stock was trading at 2016 lows, which was down almost 25% from its 52 week and all time highs made in late December …
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My CNBC’s Options Action co-panelist and technician at Cornerstone Macro Research Carter Worth has had a bearish slant towards U.S. stocks for some time now, like myself. Yesterday, he succinctly laid out why yesterday’s new all …
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Event: Nike (NKE) reports their fiscal Q4 results tomorrow after the close. The options market is implying about a 5.5% one day post earnings move in either direction. With the stock just below $52 the …
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