Nike Unusual Options Activity For July 05
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Nike (NYSE:NKE) has been observed through unusual options activity. The sentiment among these big-money traders is split between 57% bullish and 42% bearish. The whales have been targeting a price range from $90.0 to $135.0 for Nike over the last 3 months. Several financial institutions have maintained their positive ratings on Nike, with price targets ranging from $128 to $142.
July 05, 2023 | 8:32 pm
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Unusual options activity indicates a bullish stance on Nike. The sentiment among big-money traders is 57% bullish. Financial institutions maintain positive ratings with price targets from $128 to $142.
The unusual options activity, with a significant bullish stance, indicates that big-money traders are expecting the stock price to rise. This, coupled with positive ratings from financial institutions, suggests a potential increase in Nike's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100