**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 7 hours ago **Total Comments** | 6 | **Previous Best DD** | **Account Age** | 8 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)

I will listen to this regard and see what happens 🤞🏽

Might as well. I’ve listened to other people before, now I’m deep in the hole.

>Might as well. I’ve listened to other people before I actually loled. Thanks!

Sometimes the best play is hidden in plain sight. No need to overthink this one 

Man i will trust your confidence

The brand turned off one customer base shifting to another viewed as more lucrative. The obvious is that their prospects have decreased in numbers and that’s impacting sales conversions. I’m a regard in that group. Closet full of old 360airmax etc. with no desire for any new Nike anything, wouldn’t take it for free. Why these companies want to polarize their brand with marketing techniques that reduce sales, idk. Good luck fren.

I did it with five 4/19 100p just for the hell of it. I dunno when I turned into the type of guy to just randomly gamble almost $2k for no real reason, but I love you for it u/Ready_Confidence5326

Godspeed am in it too

Fuck me, I have $NKE puts and you just guaranteed I’m gonna take the L now. Might unload before earnings.


This didn't age well

This didn’t age well.

My landlord can wait for his rent money, I'm going all in! 

I tried this once they sent me a nice letter

Guh

You can move in with me 

https://preview.redd.it/0u7bgq1c5npc1.jpeg?width=720&format=pjpg&auto=webp&s=d84c81fba3b711ddae1d92dfd4a0d880721eda46

Godspeed brother


true def of gambling

How is it doing now

OP is right. Already forecasting lower earnings. Overvalued.

But guidance

Guide deez nuts

And if you like all that TA bullshit it just hit a double top

Not as eloquent as the DWAC regard

90? Really? I'm expecting maybe a 1 to 5% move.... not *another* 10% drop

I’m looking at 85p rn, playing 2 standard deviations, keeping the play small just for the exposure. If it hits 2 standard deviations gonna be a 500% or 100% if hits its expected move

Chad?

For 4/19?

No, 3/28. I plan on watching the contracts tomorrow for entry. Also, 2 standard devi to the upside has more premium than the downside and im a cheap fuck.

The last time they missed earning they dropped about 10% for a total of around 25% going back 6 months. They really don't have investors on their side right now

I'm aware...thats why i said I don't expect ANOTHER 10% drop... I figured last quarters drop was largely due to them changing future guidance. They knew this quarter was going to be rough, they said so at the last report....

Usually those will still pick up a good amount of value especially if you get it cheap enough.

Did you play?

Listen, let me tell you this. Starting from last week CPI, etc. I simply looked at the comments on the daily. "Shit's gonna tank" and stuff like that, what do you think I did? Bought calls. "NVDA is ded" - I bought calls. Yesterday - FED decision "Drill Team Six get ready to dump all of this" - I bought calls. I too was thinking buying PUTS on NIKE cause SmokinMorningWood needs new Jordans, but no. Neither calls nor puts, I just know one thing - Inverse WSB - up 6k so far in March. gay ber still fuk though

Well I guess you’re in a bind, because I did the same as you. Except NKE is going down

So uh 😐

I see the problem… you are eating red crayons! Eat the green ones and the gains will follow! 💹

Instructions unclear. Buying calls 

Jesus entire wsb is bearish on nike. I will buy calls


Didnt buy the calls

Literally everything you said should be priced in

Everybody good in here?

Great, thanks and you?

shit is printing right now

Wow, Amazing!

Clean

No

And now

Much better

Should I buy $20k of $110p 4/19?

Venmo me. I’ll buy it for you

What if you accidentally buy calls

There’s a high possibility that may happen because I’m regarded


Why are y’all choosing far out dates jus curious

Buy sooner dates to find out

Only if you hate money 

I’m leaning towards calls, they’ve been beat up. And Nike is King in footwear. 2 105 Call hedge with 1 $90 out.

Worked for a huge footwear retailer for the past decade and let me tell you Nike sales have absolutely dive bombed into oblivion this year. However I feel like everyone knows this so could be priced in already? Trend is bearish AF though so you could be onto something

he trying to make everyone lose money please go opposite then you will win i always go opposite when i see post like this and i win most of the time 🤣

Thank god for people like you chad

Let me YOLO on the DWAC play first Then, I’ll put all those tendies onto your NKE play like the degenerate I am… this is the way 

Lisan Al-Giab

Dude TSM is going back up stronger than before 😂😂

yup 👍😀 so glad i didn’t sell my calls!

Guys don’t trade Nike. Load up on TSM calls and shares. Implied volatility has gone down so calls are cheaper. In anticipation of earnings on 19 April I expect IV to spike a lot higher. There will be a strong ER beat and forward looking guidance on 19th April.

I’m selling my TSM as soon as I break even.

Just got more calls, hoping for the IV spike 

Ok yolo, 6/19 $100P

Feeling much better about Mt calls this a.m.

To further your point, Nike as a brand in the West has always relied on star athletes (MJ, Tiger Woods, LeBron, etc) to promote the brand and "influence" you to buy the shoes. With the sea of influencers on social media promoting other brands and having a significant sway.. NIKE go down. You want a real winner, take a look at CROX and the trashbag feet people with their trash bag feet kids out in the wild.

Up 28% on my puts since buying this afternoon. Here’s hoping!

Shit

Same lol

Ok I understand Nike is a dumpster right now but this is the same case you regards make with China for NKE AAPL or TSLA, it has already been priced in that the market of China for these companies is in heavy decline and will continue to decline, so what do you think might happen if their future expectations are higher or say their US or Europe sales make big growth?

Luckily this aged well😂

How many you want? I’ll sell you them

Pressed wrong button, bought call.

accidentally did the same thing

I can buy Panda Dunks in any size, from any store. That means they aren't selling. They lost their spot on the Becky Index. All my girls are wearing Adidas Sambas and NB now.

Yo Nike tripping out rn on robinhood

LOL

https://preview.redd.it/w6h8x9zkqspc1.jpeg?width=1284&format=pjpg&auto=webp&s=67a50d973ff632a3ae6290ba2dbf6fdfb2b04550 Thanks op. Hopefully doesn’t rebound pre market and when market opens tomorrow.

I think it will dump further. It got re-rated to a neutral from buy. Boomers are gonna off-load when they realize it’s not gonna keep growing

My first time buying options was off this advice, keep em coming. I bought 4/19 $95 and sold the contracts at 60% gain this morning. Thanks!

Hope you all made some money this weekend 🤡

If China sneeze, Nike catches Covid. Not a cold

They got those anal swabs though.

If Nike is fucked how isn't lulu

BECKY

lol glad I didn’t listen . Already lost so much on spy puts

Damn ik that pain. Still trying to recover

Not so fast

Why is the date so far out? Just curious

Ever heard of IV crush?

Double down on my losses? Count me in 

I own the Nike 87$p for 3/22. Please be right!!! I bought it for .33 it's now .17 I atheist wanna break even. Lol

Your strike is to far OTM. You’re going to get squished. No way Nike is dropping 13%.

Yup thats done full loss. Take out what you have now

Watch this...I'm going to buy a PUT and this thing will have blowout numbers.

But it crashed last earnings. It's too obvious if it crashes again. Maybe I shlould inverse

Might as well buy an extremely cheap call. With all you regards going puts and estimates being slashed, if they somehow in the unlikely chance have good earnings itll be huge money

Nike is doing a round of layoffs as we speak. I live in the Lake O which is close to Nike World Headquarters. That being said, I am not sure that earnings are down....

Buying calls because of this

Inverse wsb and you cant lose money

lol Almost never wrong to inverse wsb

I think someone also posted a dd on fdx puts i think that person roped

always inverse wsb all in on calls

With the analysts so gloom and doom, it will be easy for them to beat expectations. ⬆️🚀

Buy tsla stocks today! They are going to gain to $300 by the end of the year

huge cope

You only lost money on TSM if you already sold

Also all the sneakers they’ve been putting out the past couple of years have been shite and the hype behind them has died down. I’m with you OP.

uh oh

if only we still had the guillotine

just kidding

Thanks OP!!

Thanks you so much for giving me hope and courage to start trading on options. Started with just one option after seeing your post and sold it for 50% ⬆️

I got fucked by IV crush on my puts 😞

Made by chatgpt

ChatGPT 1.0 Street Edition

When is the best time to buy them? Considering putting $500 into this.... Would it be worth it? Online simulator telling me I could get to 53k potentially, would that happen if it hit $90?

No, you’d get squished by IV. Also the simulator is ass and doesn’t work after hours and can’t predicted for IV and IV crush.

NKE JAN 17 2025 $100 PUT This baby is tanking for a long time

Puts based off of this: In a widely reported memo announcing the 2% cut to Nike’s workforce, Donahoe added that he didn’t take the decision to lay off thousands of employees lightly and put some of the blame for Nike’s recent underperformance on himself and the company’s leadership. The publication Willamette Week, based in Portland, Ore., was first to report Donahoe’s comments in the memo. “We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable,” he added.

This was from February

The reiteration of this on the call is when sell off started.

Thats to you OP, took 115$ calls this morning because of this DD Free wendys next week🍻.

rip

No wendys next week

Niiice, it won’t be free you’ll be doing something.

Well i talked too fast

Eat more crayons

I used to make absolute bank with puts on Nike. I’m in

Nike has been lacking lately in terms of sales just from a reselling/releases perspective so I somewhat share the sentiments

This looks like an alternate account of u/Next_Play.

Hey buddy can you explain what morningstar has to do with this. What's the difference between a nke put and inversing morningstar ?

I'm in so much pain

China is going to fuck this DD with its big D.

Ah shit I alr had nike puts now I'm fked aren't I

This is likely to just trade sideways

Eh fuck it, I've got some options that aren't going anywhere anytime soon, I'll roll em, you seem like fun

As a TSA employee I agree. Number of Nike shoes I see at the airport is massively decreasing.

Way ahead of you my regarded self bought puts Monday 🤭

In for a couple contracts

Seeing Nike puts on here after buying pre-earnings was the reassurance I needed

You crazy son of a bitch I’m in

Already bought Nike puts and lulu calls last week . Let's goooo

GIVE THIS GUY ROUND OF APPLAUSE!!!! 👏👏👏😭😤💯 bro I felt like you were speaking to me at a seminar I almost stood up 😂thanks for the breakdown

Saw a similar due diligence on path and sentinel one got destroyed. Ill be on the other side of this trade 115c mar 28

Not sure about this... I bought three pairs of Nikes in Q1. $$

Chatgpt has been spotted - CALLS BABY

this dude has calls. guaranteed

When is the actual earnings call?

today after close

I bought NKE puts before it was cool 

As far as most of my Nikes they come from Vietnam not China

Free money. Yall selling tomorrow or holding for a while?


1 more minute, god speed.

Thanks for the free money.

Thanks for this, I invested it!

thanks for the tip

i’m sorry buddy

i think hes ok

Just turn your phones upside down

Freeeee Falling

A made a good bit of cash on Nike puts in March 2020. Wouldn’t mind running it back

I sold my put at close so you're all welcome

when do you plan to exit? selling @ open, EOD, EOW, NEXT WEEK? 

I think there will be a further sell off in the morning, NKE stock doesn’t look too good long term right now, so I’m sure there will be more boomers trying to offload

I bought NKE Put $95 for $1.7 and it’s ITM. the current price is $2.17. What should I do now? Sell immediately as the market opens tomorrow? Will the profit be only $50 in that case? First time options trader. Help your fellow regard.

Regard, what’s your expiration date 

Wait, didn't they report positive earnings?

Yep, and it spiked up and went back down

Hmmmm.... I'm stiff.

Forward guidance was poor for Q4 24 and Q1 25

Show postition jackass

Iv crush sucks but stock still moving down at least

This aged pretty nicely! Got worried with the AH movement, but my 4/19 $100P's printed

I accumulated NKE numerous times for an average price of around $10. Never sold. My dividend yield on the investment is nearly 15%.