Pre-earnings options volume in Nike is 2.4x normal with calls leading puts 6:5. Implied volatility suggests the market is anticipating a move near 5.8%, or $5.43, after results are released. Median move over the past eight quarters is 6.9%.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NKE:
- Options Volatility and Implied Earnings Moves Today, June 27, 2024
- Nike (NYSE:NKE) Pre-Earnings: Here’s What to Expect
- Nike price target lowered to $89 from $91 at TD Cowen
- August 19, 2024 Deadline: Contact Levi & Korsinsky LLP to Join Class Action Suit Against NKE
- Options Volatility and Implied Earnings Moves This Week, June 24 – June 27, 2024