$NKE Bull Call Spread: $46 Cost, Up to $54 Max Profit (Apr 17, 2026 expiry)

DailyOptions999

📊 Strategy Overview

Type: Bull Call Spread (Debit Spread)
Structure: Buy-to-Open $44 Call, Sell-to-Open $45 Call (2026-04-17 expiry)
Net Debit: $0.46/share (×100 = $46 total cost per spread)

📊 Contracts

🔹 *Buy*: 2026-04-17 $44 Call @ $0.91 (Ask)
🔹 *Sell*: 2026-04-17 $45 Call @ $0.45 (Bid)

📊 Financials

Max Profit: $(45 − 44 − 0.46) × 100 = $54
Max Loss: $0.46 × 100 = $46
Break-even: $44.46 at expiry

📊 Thesis

Neutral to moderately bullish on $NKE into mid-April, anticipating oversold rebound after stabilization above $42–44 range. IV at ~36% with IV Percentile ~37.6% suggests options are relatively cheap, favoring debit spreads over short-vol structures. Targeting defined risk and balanced Delta exposure.

📊 Risk Management

If $NKE closes < $43.50 mid-week, consider cutting/rolling to reduce Delta exposure.
If $NKE trades ≥ $45 before expiry, lock in gains early (spread approaches max value).
Keep total debit <1% of portfolio per spread amid volatility.

⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

squishx
04-10
squishx
Solid play! Bullish on $NKE rebound. [开心]
bubblyx
04-10
bubblyx
Solid spread setup! Rooting for that rebound in NKE. [看涨]
VivianChua
04-12
VivianChua
Nice 💚💚💚

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IV at ~36% with IV Percentile ~37.6% suggests options are relatively cheap, favoring debit spreads over short-vol structures. Targeting defined risk and balanced Delta exposure.</p>\n<p>📊 <strong>Risk Management</strong></p>\n<ul style=\"\">\n <li>\n  <p>If $NKE closes &lt; $43.50 mid-week, consider cutting/rolling to reduce Delta exposure.</p></li>\n <li>\n  <p>If $NKE trades ≥ $45 before expiry, lock in gains early (spread approaches max value).</p></li>\n <li>\n  <p>Keep total debit &lt;1% of portfolio per spread amid volatility.</p></li>\n</ul>\n<p>⚠️ <strong>Disclaimer</strong>: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.</p></body></html>","htmlText":"<html><head></head><body><p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b54382229046cfcc29781a01273b569b\" tg-width=\"1280\" tg-height=\"714\"></p>\n<p>📊 <strong>Strategy Overview</strong></p>\n<ul style=\"\">\n <li>\n  <p><em>Type</em>: Bull Call Spread (Debit Spread)</p></li>\n <li>\n  <p><em>Structure</em>: Buy-to-Open $44 Call, Sell-to-Open $45 Call (2026-04-17 expiry)</p></li>\n <li>\n  <p><em>Net Debit</em>: $0.46/share (×100 = $46 total cost per spread)</p></li>\n</ul>\n<p>📊 <strong>Contracts</strong></p>\n<ul style=\"\">\n <li>\n  <p>🔹 *Buy*: 2026-04-17 $44 Call @ $0.91 (Ask)</p></li>\n <li>\n  <p>🔹 *Sell*: 2026-04-17 $45 Call @ $0.45 (Bid)</p></li>\n</ul>\n<p>📊 <strong>Financials</strong></p>\n<ul style=\"\">\n <li>\n  <p><em>Max Profit</em>: $(45 − 44 − 0.46) × 100 = $54</p></li>\n <li>\n  <p><em>Max Loss</em>: $0.46 × 100 = $46</p></li>\n <li>\n  <p><em>Break-even</em>: $44.46 at expiry</p></li>\n</ul>\n<p>📊 <strong>Thesis</strong></p>\n<p>Neutral to moderately bullish on $NKE into mid-April, anticipating oversold rebound after stabilization above $42–44 range. IV at ~36% with IV Percentile ~37.6% suggests options are relatively cheap, favoring debit spreads over short-vol structures. Targeting defined risk and balanced Delta exposure.</p>\n<p>📊 <strong>Risk Management</strong></p>\n<ul style=\"\">\n <li>\n  <p>If $NKE closes &lt; $43.50 mid-week, consider cutting/rolling to reduce Delta exposure.</p></li>\n <li>\n  <p>If $NKE trades ≥ $45 before expiry, lock in gains early (spread approaches max value).</p></li>\n <li>\n  <p>Keep total debit &lt;1% of portfolio per spread amid volatility.</p></li>\n</ul>\n<p>⚠️ <strong>Disclaimer</strong>: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.</p></body></html>","text":"📊 Strategy Overview Type: Bull Call Spread (Debit Spread) Structure: Buy-to-Open $44 Call, Sell-to-Open $45 Call (2026-04-17 expiry) Net Debit: $0.46/share (×100 = $46 total cost per spread) 📊 Contracts 🔹 *Buy*: 2026-04-17 $44 Call @ $0.91 (Ask) 🔹 *Sell*: 2026-04-17 $45 Call @ $0.45 (Bid) 📊 Financials Max Profit: $(45 − 44 − 0.46) × 100 = $54 Max Loss: $0.46 × 100 = $46 Break-even: $44.46 at expiry 📊 Thesis Neutral to moderately bullish on $NKE into mid-April, anticipating oversold rebound after stabilization above $42–44 range. IV at ~36% with IV Percentile ~37.6% suggests options are relatively cheap, favoring debit spreads over short-vol structures. Targeting defined risk and balanced Delta exposure. 📊 Risk Management If $NKE closes < $43.50 mid-week, consider cutting/rolling to reduce Delta exposure. If $NKE trades ≥ $45 before expiry, lock in gains early (spread approaches max value). Keep total debit <1% of portfolio per spread amid volatility. ⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. 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