Options Playbook Radio 225: NKE Diagonal Spread

Nike (NKE) has been in the news a lot lately and will announce earnings on September 25. Let's take a look at a diagonal trade. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: A review of last week What happened to the SPX? Did you get out, or did you get the stupid award? NKE is near all-time highs Setting up the trade Selecting strikes and expirations Pay attention to the delta of the trade Addressing different scenarios 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].