A whale with a lot of money to spend has taken a noticeably bullish stance on Nike.
Looking at options history for Nike (NYSE:NKE) we detected 29 strange trades.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Shares of several companies in the retail, including Nike Inc (NYSE: NKE), are trading lower following weak retail earnings this week from Walmart and Target. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.
A whale with a lot of money to spend has taken a noticeably bullish stance on Nike.
Looking at options history for Nike (NYSE:NKE) we detected 16 strange trades.