Looking At Nike's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Nike has seen unusual options activity with a bearish sentiment from financial giants. 66% of the trades were bearish, with a focus on a price range of $72.5 to $160. Analysts have mixed ratings, with a consensus target price of $81.33.
August 23, 2024 | 2:17 pm
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Nike's options activity shows a bearish sentiment with 66% of trades being bearish. Analysts have mixed ratings, with a consensus target price of $81.33. The stock is currently trading at $83.98, up by 0.68%.
The unusual options activity with a majority bearish sentiment suggests potential downward pressure on Nike's stock. Analysts' mixed ratings and a consensus target below the current price further support a bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100