Take loss on Nike Call Option

12 Oct, We made a Buy to Open on Nike. Nike’s stock was off to a strong start, but the stock has plummeted over the last week and a half.It could take a further dive before coming back up to our $95 strike price. Now, it’s time to preserve our capital with this trade.By closing our calls on Nike today, we’ll put our capital back to work in an upcoming trade to make up for this loss.

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