3min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Why Nike’s earnings are critical for growth investors

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Nike - Should You Be Buying This Stock?

Nike stock has been trading down for five straight days. Earnings coming out after the close today have been revised sharply lower into the quarter just like most stocks. The 96 puts is trading a little over 100 right now, so they expire in a few days. Someone's betting big that they're going to miss the quarter and the stocks are going to fall at least five cents from these levels.

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