shares of nike inc nke thursday spiked almost 5 after jpmorgan analysts said in a note to clients that the footwear and apparel leader expects china sales to grow on cnbcs options action mike khouw of optimize advisors said that nike’s stock traded more than twice the average daily volumes calls outpaced puts by almost 31 he added check out other retail stocks making big moves in the premarket there was an institutional buyer of more than 3000 of the september 135 calls at an average price of 790 per contract khouw mentioned the buyer of these contracts is betting that the stock rises by at least 75 over the next few months also read why nike is off to the races after breaking up from this pattern and what to watch for next