Unpacking the Latest Options Trading Trends in Nike
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Nike (NYSE:NKE) show a bearish sentiment with 53% of traders leaning bearish. Analysts have mixed ratings, with price targets ranging from $80 to $109. Nike's stock is currently trading at $83.88, up 2.14%, but may be approaching overbought territory.
October 16, 2024 | 8:45 pm
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Nike's options trading shows a bearish sentiment with 53% of traders bearish. Analysts have mixed ratings, with price targets from $80 to $109. The stock is up 2.14% at $83.88, but may be overbought.
The bearish sentiment in options trading, with 53% of traders bearish, suggests potential downward pressure on Nike's stock. Analysts' mixed ratings and the stock's current overbought status further support a cautious outlook.
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IMPORTANCE 80
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