NKE publishes earnings on Thursday after the closing bell. I have also placed an options trade on NKE.
NKE’s earnings beat analysts’ expectations, but the price fell after the announcement. I held the position through the Christmas holiday in the hope that there would be a reversal and I could mitigate my loss, and indeed that is what happened when I exited on Dec. 27.
| sym | entry | exit | result ($) | result (%) | entry date | exit date |
| NKE | 64.72 | 63.38 | -1.34 | -2.1% | 12/21 | 12/22 |
| zacks rank | zacks esp | DI spread | ADX | earns est. | earns actual | |
| 3 | 1.21 | 15.72 | 43.63 | 0.4372 | 0.46 |
By Tim Bovee, Portland, Oreogn, Dec. 21, 2017
Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
License
All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at www.timbovee.com.
Tim Bovee, Private Trader 
[…] I placed both an options and shares position on NKE timed to coincide with an earnings announcement. See NKE Analysis and Shares: NKE. […]
LikeLike
[…] NKE positions, options and shares, moved opposite the direction of the trade, with the price falling despite a positive earnings […]
LikeLike
[…] I have no prospects in sight for action on Wednesday. I shall continue to seek out an exit point for my shares-base earnings play on NKE. […]
LikeLike