🩳🔥 NIKE ($NKE): THE SWOOSH IS DOWN BAD AND SO AM I — A DD BY A MAN WHO OWNS 120 CONTRACTS OF PURE COPIUM 🔥🩳
$NKE
AI SUMMARY — Nike is experiencing significant operational and financial challenges including weak demand, inventory issues, and management missteps, creating a bearish outlook. The author holds 120 options contracts betting on further decline, acknowledging the position is speculative and driven by conviction in the company's near-term struggles.
| TICKER | NKE |
USER | u/bossman-CT |
| RATING |
BEARISH |
ENTRY |
$39.08
|
| POSITION |
120 contracts (12000 sh eq)
|
BOOK VAL |
$468960.00 |
| CURRENT |
$33.87 |
P&L % |
-13.33%
|
| CURR VAL |
$406440.00 |
P&L $ |
-62520.00
|