Nike Earnings on Deck 9:00am (EST) Nike (NKE, $69.43, up $0.45) - TopicsExpress

Nike Earnings on Deck 9:00am (EST) Nike (NKE, $69.43, up $0.45) Earnings on Thursday October 72.50 calls (NKE131004C00072500, $0.70, up $0.10) October 65 puts (NKE131004P00065000, $0.40, down $0.15) Thoughts: We have played Nike in the past and we usually use call options. With shares at 52-week highs and the stock being added to the Dow, this is an important earnings announcement tomorrow. We have also listed put options to make this a possible strangle trade because if Nike comes up short on estimates, shares could tank. These are also WEEKLY options we have listed and expire earlier than the regular options.

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