u/LoadRevolutionary461 ·
Reddit — r/options
· May 20, 2026 at 22:33
· ⬆ 43 pts
· 💬 10 comments
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NKE at $44 is easy money. \~1.3x sales. Nobody's talking about it which is exactly when i want in.
down \~75% from the $170 highs, sitting near lows last seen in 2017. still a $65B household name, new CEO (Elliott Hill, who came out of retirement to fix it), and analyst PT consensus is $68 with 38 Buys vs 5 Sells. the 5Y chart looks like hell but shows the $42-48 zone has held as base support before.
looking at the $45C 7/17, currently \~$3.00. ATM, earnings \~5 weeks out on june 25 which gives the IV ramp leading in, plus 3 weeks of post-earnings runway to exit.
main risk is macro — iran, china, vietnam tariffs, hoka eating share are all known and priced in.
(yes it popped 4% today, i was watching this before — thesis hasn't changed)
thoughts?
Edit: for people who keep DMing me the screenshots are from [Thesis](http://thesis.so/) . Not affiliated.