NKE Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: NKE's commitment to innovation and strong holiday sales support potential upside. Helium shows bullish risk exceeding bearish by 11%Helium.




Bearish Case: NKE faces ongoing competitive pressures, with market uncertainty higher than Helium's forecastHelium. High inventory and pricing challenges persist.




Potential Outcomes: 30% chance of growth through innovation and market repositioning; 40% chance of continued competitive pressure; 20% chance of macroeconomic volatility impacting demand.




Trading Oracle: Deploy a bullish short volatility strategy using NKE's $76 put options, expiring in 7 days. Sell one $76 strike put, buy four $73 puts, leveraging a high edge with a 68% market odds of profit.



December 29, 2024










Correlated Assets

Assets that tend to move strongly with NKE



XRX Forecast + Options Trading Strategies   XRX  Xerox (0.83)


ABEV Forecast + Options Trading Strategies   ABEV  Ambev (0.82)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (0.81)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.8)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (0.8)



Uncorrelated Assets

Assets with little price relationship to NKE



APH Forecast + Options Trading Strategies   APH  Amphenol (-0.0)


JOE Forecast + Options Trading Strategies   JOE  St. Joe (-0.01)


VTRS Forecast + Options Trading Strategies   VTRS  Viatris (0.02)


TMO Forecast + Options Trading Strategies   TMO  Thermo Fisher Scientific (-0.03)


VSCO Forecast + Options Trading Strategies   VSCO  Victoria's Secret (-0.04)



Anticorrelated Assets

Assets that tend to move strongly against NKE



MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (-0.8)


CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (-0.8)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (-0.8)


JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (-0.81)


GLNG Forecast + Options Trading Strategies   GLNG  Golar Lng (-0.82)









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