๐ฉณ๐ฅ NIKE ($NKE): THE SWOOSH IS DOWN BAD AND SO AM I โ A DD BY A MAN WHO OWNS 120 CONTRACTS OF PURE COPIUM ๐ฅ๐ฉณ
$NKE
AI SUMMARY โ Nike faces significant headwinds including weak consumer demand, inventory challenges, and competitive pressures that have driven the stock down sharply. The poster holds 120 options contracts betting on a recovery, representing a high-risk, leveraged position dependent on a turnaround in the company's fundamentals and market sentiment.
| TICKER | NKE |
USER | u/bossman-CT |
| RATING |
BEARISH |
ENTRY |
$39.08
|
| POSITION |
120 contracts (12000 sh eq)
|
BOOK VAL |
$468960.00 |
| CURRENT |
$38.10 |
P&L % |
-2.51%
|
| CURR VAL |
$457200.00 |
P&L $ |
-11760.00
|