Options Playbook Radio 201: Nike Back Spread into Earnings

As we approach the end of earnings season, there are still a few names left to announce. Last week we talked about a FedEx butterfly. Let's revisit what has happened since. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Specifically: A review of last week's FDX butterfly What has happened to FDX since the paper trade? What is happening in Nike? How about a back spread? Looking for volatility Hoping the stock will move more than the expected move Selecting expiration Selecting strikes What is the maximum gain? Loss? Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].