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.
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OptionsAction Notice that their were no US flags on stage last night?
OptionsAction Ambitious_Breed