Investors with a lot of money to spend have taken a bullish stance on Nike NKE.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NKE, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 18 uncommon options trades for Nike.
This isn't normal.
The overall sentiment of these big-money traders is split between 61% bullish and 38%, bearish.
Out of all of the special options we uncovered, 8 are puts, for a total amount of $675,040, and 10 are calls, for a total amount of $769,960.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $52.5 and $90.0 for Nike, spanning the last three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Nike options trades today is 6586.07 with a total volume of 5,391.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Nike's big money trades within a strike price range of $52.5 to $90.0 over the last 30 days.
Nike Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NKE | CALL | TRADE | BULLISH | 01/16/26 | $6.15 | $6.05 | $6.15 | $65.00 | $369.0K | 3.8K | 7 |
| NKE | PUT | TRADE | BULLISH | 09/19/25 | $4.8 | $4.7 | $4.71 | $60.00 | $235.5K | 11.2K | 527 |
| NKE | PUT | TRADE | BULLISH | 09/19/25 | $4.8 | $4.7 | $4.71 | $60.00 | $235.5K | 11.2K | 500 |
| NKE | CALL | SWEEP | BULLISH | 01/16/26 | $4.45 | $4.4 | $4.45 | $70.00 | $100.1K | 10.8K | 2 |
| NKE | CALL | SWEEP | BEARISH | 06/18/26 | $2.01 | $2.0 | $2.01 | $90.00 | $65.1K | 548 | 326 |
About Nike
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
After a thorough review of the options trading surrounding Nike, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Nike Standing Right Now?
- Currently trading with a volume of 5,989,719, the NKE's price is up by 1.28%, now at $60.75.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 35 days.
What The Experts Say On Nike
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $61.2.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from JP Morgan persists with their Neutral rating on Nike, maintaining a target price of $56. * An analyst from Wells Fargo downgraded its action to Equal-Weight with a price target of $55. * An analyst from RBC Capital has decided to maintain their Sector Perform rating on Nike, which currently sits at a price target of $65. * An analyst from Wells Fargo persists with their Equal-Weight rating on Nike, maintaining a target price of $60. * An analyst from Telsey Advisory Group has decided to maintain their Market Perform rating on Nike, which currently sits at a price target of $70.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Nike options trades with real-time alerts from Benzinga Pro.
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