Short Nike going into earningsI've built a case to show why Nike could be making a long term top, and this earnings could be the catalyst for the turn around. Thank you for your constructive feedback ! Short12:39by markethunter888227
"Just Do It" ® Nike earnings at 4:15pm 12/18 Quadruple Witching"Just Do It" ® NKE earnings at 4:15pm 12/18 Quadruple Witching. Nike is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. I'm leaning towards an earnings beat, but you never know how the market reacts to earnings, especially tomorrow is Quadruple Witching, market index futures, market index options, stock options and stock futures expire, usually resulting in increased volatility. 2nd Quarter November 2020 Consensus: $0.62 Revenue: $10.59 Billion Possible neutral strategy is to short an ironfly & buy a far otm strangle sell $140 call 12/24, Delta = .53, Theta = .31 sell $140 put 12/24, Delta = .47, Theta = .31 buy $148 call 12/24, Delta = .27, Theta = .27 buy $132 put 12/24, Delta = .20, Theta = .21 credit = $560 , risk $230, reward $800 + buy $155 call 12/24, Delta = .13, Theta = .19 buy $130 put 12/24, Delta = .15, Theta = .18 cost = $165 max risk, reward $+ = $395 opening trade / risk, reward $800+ Possible aggressive neutral strategy is to buy a strangle $142 call 12/24 = $370, Delta = .46, Theta = .31 $140 put 12/24 = $410, Delta = .47, Theta = .31 = $780 opening trade / risk, reward $+++ Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny / day for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum www.tradingview.com by Options360Updated 221
NKE - Nike Earnings Trade - ButterflyNKE - Nike Earnings Trade - Butterfly What do you think about this Butterly Options Strategy? The legs are 10 points wide and as long as it stays within range, we're OK. But.. who knows? NIKE popped last earnings. What will it do this time?01:52by BW110
NIKE LONG SWING POSITION BUY ! JORDANS KEEP JUMPING OFF SHELVESNIKE IS EXPECTED TO REACH $170-$180 by the end of 2021 or sooner Earnings report coming in on Friday I’m swing buying Nike long ! TP’s 170 180 225 My entry price is around $136!Longby muzicking111
NKE - December 12, 2020NKE reports earnings on December 18th after market close. EPS forecasts are $0.61 down from the reported $0.7 last quarter. With strong demand for online sales and a recent surge in the stock's price to a new $140.45 ATH, look for NKE to surge in the lead up to earnings. The strength of the brand's international presence could drive a significant earnings beat this quarter. Good RR setup here on this trade.Longby AptitudeFinancialAdvisory0
NKE Stock High Probability Long To 180$According to my analysis I recommend to keep as much as possible nike stock in portfolio because we have a high probability that we can reach 170$ and even 180$ in the next few months.Longby walidfutures111
Elliott Wave View: Nike (NKE) Extending to New All-Time HighShort term Elliott Wave View view in Nike (ticker symbol: NKE) suggests the rally from October 30 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 30 low, wave (1) ended at 139.09 and pullback in wave (2) ended at 125.63. The stock has resumed higher in wave (3) which is unfolding in another 5 waves in lesser degree. Up from wave (2) low at 125.61, wave ((i)) ended at 133.98 and dips in wave ((ii)) ended at 128.43. The stock then resumed higher in wave ((iii)) towards 139 and pullback in wave ((iv)) ended at 132.69. Expect wave ((v)) to end soon and this should complete wave 1 of (3) in larger degree. Afterwards, stock should pullback in wave 2 to correct cycle from November 13 low before the rally resumes. As far as wave (2) low pivot at 125.61 low stays intact, expect pullback to find support in the sequence of 3, 7, or 11 swing for further upside. Minimum potential target higher is 100% – 123.6% fibonacci extension from October 30 low towards 145.76 – 150.48. A 161.8% extension in wave (3) is possible which should bring the stock to 158.14.by Elliottwave-Forecast225
NKE might do well during Santa rallyNKE might do well during Santa rallyLongby hypesupofficialUpdated 1
NKE- Run !Welcome back to another dow30 stock analysis, today we take a look at Nike. NYSE:NKE Nike is currently breaking high after high and there is still no end in sight! As an example, nike gained more than 125% stock value since the bottom of the march crash. It should be no surprise that everybody wants to participate in this rallye, but being careful in this situation is very important. Nike formed a solid 1-2 in the last days and hit exactly the 0.618 retracement, this strongly points towards the start of a wave 3. The next stop for nike will be 140$-150$, there we will see a short correction. I will watch the market very closely in the next days and will announce an entry if i get the chance to. Primary scenario: In the next days and weeks we will reach prices above 140$ or even more, so stay tuned! From there we will witness a very short wave 4 correction until the bulls push nike towards a new ATH. Alternative scenario: My alternative scenario will get triggered if we break the previous 1-2 setup at 125.55$. Breaking this level would strongly indicate for a final wave C correction, which could bring us to prices as low as 110$. =================================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me. Longby Mendenmein-Capital336
Safe CallNike is a safe stock to bet on if you are an options swing trader like myself. It has just hit resistance on the 45min while the MACD shows an upward trend and increase in bull strength. We are in a bull market and calls are much safer than puts for any stock. I have lost a lot of money on puts, even on stocks with the highest RSI and strongest sell signals across all indicators. Check out my ROKU publication and you will know what I am talking about. My question to all my followers, and those who see this because you are watching Nike. Why are markets soaring so high? What is the cause of such a strong bull run? Where is this money coming from? All this from a cure to Covid? A virus that the media has reported so strongly and ingrained fear into everyone, even though the common flu is just as deadly, and the annual death rate has remained constant compared to previous years. Where is this coming from? Longby Myantman10110103
NKE - Good swing ER runNKE - Respecting trend line and about to reach all time high, Elliot wave 3 target 150, with ER on Dec 18 expecting this to reach this target and always watch out if any trend line break for bearish too, stop loss if dropped below 130-125 Looking to enter - 12/18 - 145c - 0.9 Note : Please do make your own analysis before entering the trade - NVLongby SrjInfinityUpdated 3
NKE - Bullish after Rising Wedge Drop to $130NKE Today: 11/28/20 6pm PST Plan: Rising Wedge, let NKE fall to Price Line 130.50$/around fib 618, buy and rise, sell before 786 fib. Price line 130.50$ is a strong resistance all of Oct, but has acted as support recently on Nov 19. Nike is spiking based on earnings, there is no major new to drive the price from current up to the fib 1 area. Expect a small drop, and pick it up as Nike resumes it's regular zone trading. Longby jwjustinwatkins0
$NKE Bearish Swing Trade PlanGreen Line - Entry Target Red Line - Exit Target Pink Line - Stop-Loss Highly suggest using Google to Search "Transparent Traders" if you're trying to get to the next level. Transparent Traders exists to solve the critical issues facing our traders, both large and small. Our unique approach is not only what differentiates us, but also what makes us successful. Our advanced Blackbox uses custom algorithms & predictive A.I. to locate the most accurate day or swing trades for the best chance of success. Shortby jonny_red32112
NKE Needs To Fall $3 MoreI'll let the chart do the talking!! Just need NKE to continue its trend and fall another $3. I am up big on my position! Shortby Myantman1010
NKE Long1) BO resistance, pending BO ATH resistance 2) Volume high 3) Bright green histo 4) MACD upward Meanwhile Daily: 1) BO 2) Buying volume coming in 3) Long squeeze 4) Bright green histo 5) MACD golden cross 6) Bright green histoLongby JoeyTribbiani1051
NIKE inside an ascending channel. Potential for another waveToday we will share an analysis of NKE. This can be used as a curiosity or to create a setup with an appropriate Risk Reward Ratio towards the Target. Main items we can see on the chart: a) The price is inside an ascending channel providing a bullish context b) Currently, we can see a clear corrective structure with similar proportions as the previous one c) Using Elliott Wave theory we can make a count 1234, and we expect 5 to come (Remember that Elliott defined that 5 waves will compose any impulsive movement) d) We expect a bullish movement towards the higher zone of the ascending channel e) Also, we have an invalidation level in case the price does not go in the expected direction f) Remember: Trade safe, protect your capital, and always understand what you are doing!Longby ThinkingAntsOk0
"NKE Long" Bullish will this be able to breakout & push to $139NYSE:NKE Nice pull back and a reclaim of the lower range of 126.31 would like to see if this can get some nice momentum to pop that 131.38 spot so see if this can get going after that all time high breakout to make the run towards that 139.15 spot.Longby marcskystocks0
Nike reaching for new HighsNike is getting ready to break into new high territory after filling a gap and closing back above the 21d EMA. The ATR calls for a tighter stop of 118.01 (7.33% below today's close). Position Size of R13.64. Longby drewby43210