#CNBC Options Action: Nike options traders bet on upside

Options Action: Nike options traders bet on upside
Mike Khouw, chief strategist at Openinterest.PRO, joins Fast Money to break down unusual options activity in Nike ahead of earnings, noting implied moves of just over 8%, heavy call buying versus puts, and a one-by-three call spread that positions for upside above $75 a share but caps gains beyond $87.50, and more.

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