Decoding Nike's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Nike (NYSE:NKE) with significant options activity detected. The options activity includes 35 extraordinary trades, with a mix of puts and calls, indicating a potential price range of $60 to $125. Analysts have mixed ratings, with target prices ranging from $80 to $110. Nike's stock is currently trading at $88.19, down by 1.39%, with an earnings announcement expected soon.
September 30, 2024 | 7:45 pm
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Nike is experiencing unusual options activity with a bullish sentiment from investors. Analysts have mixed ratings, with target prices ranging from $80 to $110. The stock is currently trading at $88.19, down by 1.39%, with an earnings announcement expected soon.
The significant options activity suggests investor interest and potential price movement. The mixed analyst ratings provide a range of target prices, indicating varied expectations. The upcoming earnings announcement could further impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100