Long
NLS Bowflex is stretching towards a 5 year high of $25
Nautilus is the marketer, developer, and manufacturer of fitness equipment brands Bowflex, Schwinn Fitness and more. NLS Bowflex is stretching towards a 5 year high of $25, pun intended. Lol. NLS is already up 1120% year to date. This might be a stretch, haha, but I think NLS can actually hit it’s all time high of $43 by New Years resolutions 2021. With a closing price of $22.10 on Friday 10/9 we’re half way there. For a totally speculative play, because of the massive yearly price action already, look into a calendar spread like a 12/18 $30 call with a 1/15/21 $25 call for a max risk of $190. Good luck and happy trading friends...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.