Unpacking the Latest Options Trading Trends in Nike
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among big-money investors towards Nike (NYSE:NKE). Benzinga's options scanner identified 8 unusual trades, with 50% being bearish. The trades suggest a targeted price range of $70 to $90 for Nike. Analysts have mixed ratings, with an average price target of $81.
September 18, 2024 | 5:03 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Options trading trends show a bearish sentiment among big-money investors towards Nike, with 50% of trades being bearish. The targeted price range is $70 to $90. Analysts have mixed ratings, with an average price target of $81.
The article highlights a significant bearish sentiment among large investors in Nike's options market, with 50% of trades being bearish. This suggests potential downward pressure on Nike's stock price. Additionally, analysts have mixed ratings, with an average price target close to the current trading price, indicating limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100