Nike (NKE) – Just Define It

Event: Nike (NKE) reports fiscal Q2 results tonight after the close. The options market is implying about a 4.5% one day post earnings move. With the stock at $51.50, the Dec23rd weekly 51.50 strangle (the call premium + the put premium) is offered at about $2.40, if you bought that, and thus the implied weekly move […]