Check Out What Whales Are Doing With NKE
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Nike (NYSE:NKE) has been observed, with a large position appearing in publicly available options history. Benzinga's options scanner spotted 11 options trades for Nike, with sentiment split between 54% bullish and 45% bearish. Whales have been targeting a price range from $97.5 to $110.0 for Nike over the last 3 months. Several financial institutions have maintained or upgraded their ratings on Nike, with price targets ranging from $92 to $137.

October 24, 2023 | 2:16 pm
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A large bullish position has been observed in Nike's options history, indicating potential positive movement. Several financial institutions have maintained or upgraded their ratings on Nike, further supporting potential growth.
The large bullish position in Nike's options history indicates that a significant amount of money is being invested with the expectation that the stock will rise. This, combined with positive ratings from several financial institutions, suggests potential growth for Nike in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100