NKE Steps Up on Wells Fargo Upgrade, Technicals & Options Back Bull Run

Welcome back to market on close. Shares of Nike are higher today after Wells Fargo upgraded shares to overweight from equal weight and raised its price target to $75 from 60 bucks. Wells Fargo saying visibility into its sales and margins is finally improving and it said it has been in a negative estimate revision cycle for 3 years but it will reverse over the next 6 to9 months.Shares are up almost 7% this week but down 13% on the year. So, it's time now for Options Corner and I'm joined by Alex Coffee, host ...