Check Out What Whales Are Doing With NKE

Check Out What Whales Are Doing With NKE

Benzinga's options scanner just detected over 11 options trades for Nike NKE summing a total amount of $523,813.

At the same time, our algo caught 7 for a total amount of 455,555.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $95.0 to $130.0 for Nike over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Nike's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Nike's whale activity within a strike price range from $95.0 to $130.0 in the last 30 days.

Nike Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NKE PUT SWEEP BULLISH 01/20/23 $95.00 $176.2K 8.5K 1.2K
NKE PUT SWEEP BULLISH 01/20/23 $95.00 $91.9K 8.5K 519
NKE PUT SWEEP BULLISH 01/20/23 $95.00 $40.0K 8.5K 1.6K
NKE CALL SWEEP BULLISH 12/16/22 $105.00 $39.0K 4.1K 309
NKE CALL SWEEP NEUTRAL 12/16/22 $105.00 $39.0K 4.1K 134

Where Is Nike Standing Right Now?

  • With a volume of 2,469,378, the price of NKE is up 0.67% at $105.66.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 21 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Nike, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets