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YOLO: Nike NKE $36 put 10/2 exp

BEARISH by u/oprah_2024 | Oct 01, 2026 | 1↑ 0 comments | 18 views | VIEW ON REDDIT
$NKE
$NKE NIKE, INC. CONSUMER CYCLICAL EQUITY SIMULATION
$33.87
-1.28 (-3.64%)
LAST PRICE ยท 15 MIN DELAY
DAY CHG -3.64%
5D CHG -5.26%
30D CHG -15.96%
AI SUMMARY โ€” The post warns against betting on Nike (NKE) through put options expiring 10/2, calling the company a decaying brand and value trap. The author advises against going long on NKE due to fundamental deterioration concerns.
TICKERNKE USERu/oprah_2024
RATING BEARISH ENTRY $35.56
POSITION 284 sh SYN BOOK VAL $10132.48
CURRENT $33.87 P&L % -4.77%
CURR VAL $9649.57 P&L $ -482.91

Just don't Do it (long this decaying brand/ value trap)