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|
|zacks rank||zacks esp||DI spread||ADX||earns est.||earns actual|
By Tim Bovee, Portland, Oreogn, Dec. 21, 2017
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.
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.