Nike announces earnings today after the close. What will happen to a back spread paper trade?
Listen to Options Playbook Radio 201: Nike Back Spread into Earnings
As we approach the end of earnings season, there are still a few names left to announce. Last week we talked about a FedEx butterfly. Let’s revisit what has happened since. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.
Specifically:
- A review of last week’s FDX butterfly
- What has happened to FDX since the paper trade?
- What is happening in Nike?
- How about a back spread?
- Looking for volatility
- Hoping the stock will move more than the expected move
- Selecting expiration
- Selecting strikes
- What is the maximum gain? Loss?
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.