The Rational Trader: Nike Worked Like a Charm
JD recaps the Nike trade: two sigma below its mean, puts sold, and a clean win — even as the market sagged. Q3 earnings are up next, and the playbook is ready.
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JD recaps the Nike trade: two sigma below its mean, puts sold, and a clean win — even as the market sagged. Q3 earnings are up next, and the playbook is ready.
Read MoreJD explains why Nike’s earnings set up a put credit spread: sell the $65 put, buy the $62 put, and collect 50 cents — unless Nike craters more than 6%.
Read MoreChoppy week, PCE vs. sentiment, and a big jobs slate next. Geof also flags DC budget jitters and gold/silver pressing near prior highs into early October.
Read MoreEven though tariffs haven’t taken effect yet, stocks like NKE and FDX are already feeling it. Stephen Ground explains the lagging impact traders should prepare for.
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