Nike
Short

Nike: 3 Black Crows with Hidden Bearish Divergence Earnings Play

Nike is yet to release their earnings but they will be releasing them tomorrow and i'm anticipating that whatever they are will result in a downwards move towards the $65 area; I will be playing this move via Buying of the January and February $80 Puts and Selling the $100 January 20th calls.
3blackcrowscallsChart PatternsFundamental AnalysishiddenbearishdivergenceTechnical Indicatorsjustdoitnikeputs

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