Nike Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Nike (NYSE:NKE), with a mix of bullish and bearish stances. The trades have targeted a price range from $85.0 to $115.0 for Nike over the last 3 months. Currently, Nike's stock price is down by 2.26% at $100.45. RBC Capital has downgraded its action to Outperform with a price target of $113.
November 01, 2023 | 5:32 pm
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Nike has seen unusual options activity, with a mix of bullish and bearish stances. The stock price is currently down, and RBC Capital has downgraded its action to Outperform with a price target of $113.
The unusual options activity indicates that investors are taking significant positions on Nike, which could lead to increased volatility in the stock price. The downgrade by RBC Capital could also impact investor sentiment. However, the mix of bullish and bearish stances makes it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100