NYSE:NKE NIKE (NKE) Put Option Play - FRI 5/28
I hope you guys were able to capitalize on todays NKE Put option play. I had to wait it out but it did pay out a nicely.
OK, as many of you know, today 5/27 was the last day to buy NKE shares in order to qualify for Nike's dividend payment.
Those who were only holding for the dividend are able to sell tomorrow 5/28...
Pls excuse the crude drawings...this is my first published idea,
My thesis behind this play is to play the swings going into 5/28, Nike's Ex-Dividend date.
Yesterday 5/26 @ 7am PST, I received an alert from the Options Flow channel that there was a Calls Sweep for NKE @ the $138 Strike Exp 6/4, this was confirmed shortly after with a spike running from...
