Morning Trade: Nike Inc. (NKE) Buy A Double Calendar

Nike (NKE) trade is to buy a Double Calendar options trade for a debit of $0.60. I couldn't tell you if this is bearish or bullish here, it just looks to me that this thing is going to move, says Scott Bauer of Prosper Trading Academy. This trade allows the stock to move either up or down, he says. The most he can lose is the $0.60 debit.

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Morning Trade: Nike Inc. (NKE) Buy A Double Calendar

Nike (NKE) trade is to buy a Double Calendar options trade for a debit of $0.60. I couldn't tell you if this is bearish or bullish here, it just looks to me that this thing is going to move, says Scott Bauer of Prosper Trading Academy. This trade allows the stock to move either up or down, he says. The most he can lose is the $0.60 debit.

ON AIR
7:00 am
Market Overtime
replay

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FOLLOW US