NIKE(US:NKE) Benzinga·2025-12-04 17:01Core Insights - Investors are showing a bullish sentiment towards Nike (NYSE:NKE), with significant options trading activity indicating potential market movements [1][2] Options Trading Activity - Benzinga's options scanner identified 36 unusual options trades for Nike, with a notable split in sentiment: 52% bullish and 33% bearish [2][3] - The total amount for put options was $635,284, while call options totaled $1,988,217, indicating a stronger interest in bullish positions [3] Predicted Price Range - Major market movers are focusing on a price range for Nike between $55.0 and $100.0 over the last three months, suggesting a significant level of interest within this band [4] Volume and Open Interest - An analysis of volume and open interest for Nike's options over the last 30 days shows evolving liquidity and interest, particularly within the identified strike price range [5][6] Notable Options Trades - Significant trades include bullish call options with strike prices of $70.00 and $75.00, with total trade prices of $214.3K and $215.2K respectively, indicating strong investor confidence [9] Company Overview - Nike is the largest athletic footwear and apparel brand globally, with footwear accounting for about two-thirds of its sales. The company operates through various channels, including company-owned and franchised stores, and has a strong e-commerce presence [10] Analyst Insights - An industry analyst has set an average target price of $75.0 for Nike, reflecting a positive outlook on the stock [11][12] Current Market Position - As of the latest data, Nike's trading volume stands at 3,349,009, with the stock price at $65.74, showing a slight increase of 0.14% [14]