Nike’s [stock_market_widget type=”inline” symbol=”NKE” template=”basic” color=”default”] recent “Just do it” campaign raised a lot of eyebrows in both the political and financial world.
But the company reported solid earnings beating on both the top and bottom lines while several analysts have raised their price targets make this stock an interesting trade possibility.
The Implied Volatility (IV) Rank is still a robust 53%, there is plenty of premium to sell and as I explain in my lastest Trade Scan video this could be a good opportunity for option sellers to collect cash on this Nike’s next move up.
About The Author
Meet Jon Lewis, With over 20 years of real experience, teaching AND trading, Jon will help you learn to use options profitably and safely in portfolios of any size.
His advantage, and now yours, is using simple, often overlooked spread options strategies which generate consistent income without significant risk.