53.6% Final Return On Nike Stock (NKE) Trade Ahead of Earnings from June 28 2017

On Wednesday June 28. I entered into a Trade Ahead Of Earnings Strategy setup in Nike stock.

On June 29 they released earnings and on June 30 I closed most of the positions. However I left open 1 long call at the $53 call strike for July 21 expiry.

I sold that call on July 17 ending this trade with a 53.6% return.

This article is the full trade outline from start to the final trade on July 17.

The article is interesting as it shows a good example of how to handle the Trade Ahead Of Earnings Strategy after earnings are released.

The rest of this trade strategy article is for FullyInformed Members..

53.6% Final Return On Nike Stock (NKE) Trade Ahead of Earnings from June 28 2017

FullyInformed Members can read this strategy article through this link
Members can sign in to the full members site here
Non-members can join here or review the benefits of a membership

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.