Decoding Nike's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Nike has seen significant bullish options activity, with 66% of traders showing positive sentiment. The stock is currently trading at $87.88, up 1.95%, and is nearing an overbought RSI level. Analysts have mixed ratings, with price targets ranging from $79 to $104.
September 24, 2024 | 2:30 pm
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Nike's options activity shows a bullish trend with 66% of trades being calls. The stock is up 1.95% and analysts have mixed ratings with price targets between $79 and $104.
The majority of options trades are bullish, indicating positive sentiment. The stock's price increase and nearing overbought RSI suggest potential short-term gains. Analysts' mixed ratings provide a range of price targets, but the overall sentiment leans positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100