An email recently received from a member who sold puts against Nike Stock (NKE) only to watch the stock collapse below his put strike. Unsure what to do, he emailed for some help.
Here are 3 repair ideas on how to keep the trade profitable going forward and get the capital back working to generate still more profits. One thing this investor did do right is keep the original Nike Stock (NKE) trade small which makes a repair much easier.
This strategy article is for FullyInformed members.
Nike Stock (NKE) – 3 Easy Repair Ideas – Investor Questions
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Please read the full disclaimer.