May. 27 at 4:06 PM
$NKE looking strong today, up about 2.8% and it's catching some serious attention
We're seeing aggressive call sweeps from June to August around the
$50 to
$52.50 strikes
Big players are chasing this 3 to 4% rally, betting on more upside even without any fresh news
Today's options flow is all about the calls, 100% call sweeps with around
$1.1M in premium
This shows a momentum play, supporting bullish setups
That Aug 21
$52.50 call sweep is key, about 3,900 contracts at the ask
Looks like
$52 to
$53 is the target zone for the next couple of months
But not everyone is on the same page
Over the past