$Nike(NKE)$ is Nike a buy now

$Nike(NKE)$ is Nike a buy now after hitting 4 year low?

NIKE stock price currently stands at 72.88 USD, the latest corporate result indicating a challenging market environment for the global sportswear giant. Do you think it is worthto perform a sell put option at $60?

I think it may not hit in one month time. Even if it hit, you are getting a steep discount from a lot of traders.

could it be cheap can be cheaper?

😃😃😃😃

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Comments

VivianLau
07-10
VivianLau
The previous low was $60 in 2020. If more sellers come in, it could be reached. That’s still a 17.6% drop.
虎火
07-10
虎火
Maybe Nike shoe will be selling at a promotion price of $60. [LOL][LOL][LOL][LOL]
Sky lee
07-10
Sky lee
Well Nike shoes do have discount during year end sales [Cool]

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