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Decoding Nike's Options Activity: What's the Big Picture?

Benzinga ·  03:45

Deep-pocketed investors have adopted a bullish approach towards Nike (NYSE:NKE), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NKE usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 35 extraordinary options activities for Nike. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 57% leaning bullish and 34% bearish. Among these...

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