But the action wasn't as balanced as it seemed, the strategist said. The largest call trade was made by someone who sold 3,400 of the July $90 calls, indicating a loss of faith that the $83 stock could reach those levels by the end of next month.
That would mean an 11% drop from where Nike shares were trading when the bearish bettor put that trade in motion on Wednesday, Khouw said.
OptionsAction Notice that their were no US flags on stage last night?
OptionsAction Ambitious_Breed