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Call Buying Continues in Nike (NKE), Targeting Speculative Upside in Shares into Earnings Today AMC -Susquehanna

June 25, 2020 3:17 PM

Susquehanna options strategist Alison Edwards notes call buying activity in Nike (NYSE: NKE) ahead of earnings this afternoon, as investors purchased ~5k of this week’s 105 strike calls, adding to ~13k bought late yesterday.

The implied earnings move is currently ~6.5%, in line with historical.

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