Nike Stock (NKE) – Trade After Earnings – Dec 21 2016

Nike reported some excellent earnings on Tuesday after the markets closed. Their adjusted earnings came in at 50 cents beating general estimates of 43 cents. Overall sales rose 8% to $8.2 billion beating estimates by $100 million.

The company offered consumers bigger discounts which combined with some higher production costs to lower Nike’s profit margin from 45.6% to 44.2% year over year and inventories did creep higher by 9% to $5 billion and both of those figures are hurting the advance in the stock.

This strategy discussion article discusses morning trades done in Nike Stock along with the strategy to consider using for 2017 to bring in profits all year using Nike Stock.

Also includes is a look at setting up covered calls in Nike Stock for those investors who prefer Covered Calls, using the same strategy.

Nike Stock (NKE) Trade After Earnings -Dec 21 2016

FullyInformed Members can review the latest Nike Stock (NKE) trade strategy article through this link or they can sign in to the full members site here. Non-members can join here or read about the benefits of being a member.

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.

Internal Stock and Option Trades Links

Portfolio Listing by Years

My Principal Stocks Index

Trade Ideas for Members

Trade Alerts for Members

Put Selling Strategies

Put Selling Strategies For Members

Covered Calls Strategies

Covered Calls Strategies For Members

Profit And Income Strategies Index

Stock and Option Strategies For Members

Stock And Option Trades Explained For Members

Ask A Question About A Trade You Are In

Sign My Guestbook

Visit My Shop

Join The Free Options Forum