Whales with a lot of money to spend have taken a noticeably bearish stance on Nike.
Looking at options history for Nike NKE we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 20 are puts, for a total amount of $3,931,774 and 7, calls, for a total amount of $398,190.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $45.0 to $85.0 for Nike over the recent three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Nike options trades today is 4831.75 with a total volume of 19,693.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Nike’s big money trades within a strike price range of $45.0 to $85.0 over the last 30 days.
Nike Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NKE | PUT | TRADE | BEARISH | 01/16/26 | $15.5 | $15.35 | $15.5 | $70.00 | $1.2M | 21.3K | 2.6K |
| NKE | PUT | SWEEP | BULLISH | 01/16/26 | $15.65 | $15.55 | $15.55 | $70.00 | $1.0M | 21.3K | 650 |
| NKE | PUT | SWEEP | BULLISH | 01/16/26 | $15.75 | $15.35 | $15.37 | $70.00 | $461.7K | 21.3K | 1.6K |
| NKE | PUT | SWEEP | BULLISH | 01/16/26 | $10.35 | $10.3 | $10.3 | $62.50 | $202.9K | 1.5K | 2 |
| NKE | PUT | SWEEP | BULLISH | 01/16/26 | $15.45 | $15.3 | $15.34 | $70.00 | $172.0K | 21.3K | 850 |
About Nike
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
In light of the recent options history for Nike, it’s now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Nike
- With a trading volume of 8,396,049, the price of NKE is up by 1.19%, reaching $57.07.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 56 days from now.
What Analysts Are Saying About Nike
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $71.8.
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* An analyst from B of A Securities has decided to maintain their Buy rating on Nike, which currently sits at a price target of $80.
* An analyst from Goldman Sachs persists with their Buy rating on Nike, maintaining a target price of $72.
* Maintaining their stance, an analyst from Stifel continues to hold a Hold rating for Nike, targeting a price of $64.
* Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Nike with a target price of $70.
* Maintaining their stance, an analyst from Williams Trading continues to hold a Buy rating for Nike, targeting a price of $73.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Nike, Benzinga Pro gives you real-time options trades alerts.
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