Good morning OA,
I was reviewing several comments by firms covering NKE and the vast majority say don't believe the soft guidance and NKE is on sale. With that being said, the 87-92 strike call options going out from May-Aug are pretty damn cheap. If you were to take a flyer on a couple, what would they be? If played right, I could see a 1K investment paying off huge. I'd like your suggestion, if you were to make such a play. TIA
I was reviewing several comments by firms covering NKE and the vast majority say don't believe the soft guidance and NKE is on sale. With that being said, the 87-92 strike call options going out from May-Aug are pretty damn cheap. If you were to take a flyer on a couple, what would they be? If played right, I could see a 1K investment paying off huge. I'd like your suggestion, if you were to make such a play. TIA