I entered into Nike Stock on March 21 as the plunge brought out sellers. I did not anticipate Nike Stock would be so heavily sold below $75. Still though I had put in place goals and a plan in the event that Nike Stock fell lower than I anticipated.
This strategy article for FullyInformed Members looks at the present state of the stock and discusses the steps I will be entering to keep this trade profitable even if the stock pulls back further. Not all the article is devoted to rescue strategies. There were also many investors who were doing covered calls and the article also explores some of the opportunities there are at present for covered calls both for long-term stock holders and for those who may have bought stock in the present collapse of Nike Stock.
Nike Stock Plunge Rescue Strategies
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