How about NIKE
So, the overall market gave up all the gains from yesterday's misguided rally. How long will it take Nike to do this? I give it a month or so, tops. Also, I noticed a stronger correlation with some "new" meme stocks like Netflix today, but sooner or later, everybody faces the music. Just look at AMC and GME... admittedly, at least NKE has actual products unlike those two, but I'm talking here about returning to real valuations and not staying in bubble territory. Buying puts with a target price that's 10-15% lower than the current price with a February-March horizon should net at least a 10x increase...
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