Nike Stock (NKE) – Investor Questions – Managing The Trade Ahead of Earnings from June 29 2017

Nike Stock NKE

On Thursday June 29, Nike released earnings that beat estimates. They reported fourth-quarter profits and revenue that were boosted by sales outside the US. Sales in China were up 11% and 21% in emerging markets. Earnings were expected to be 50 cents a share. They came in at 60 cents. Revenue was expected to be $8.63 billion. It came in at $8.7 billion.

An investor posted some questions on the forum wondering about handling the Nike Stock trade ahead of earnings that I had placed.

This strategy discussion article explains the management of the Nike Stock trade entered on June 28. It also includes some discussion on how to boost this trade’s overall return.

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

Nike Stock – Managing The Trade Ahead of Earnings from June 29 2017

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.

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