someone with a lot of money to spend has taken a bearish stance on nike nke and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with nke it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 46 bullish and 53 bearish out of all of the special options we uncovered 6 are puts for a total amount of 387437 and 7 are calls for a total amount of 319234 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 1050 to 1500 for nike over the last 3 months in terms of liquidity and interest the mean open interest for nike options trades today is 266983 with a total volume of 181700 in the following chart we are able to follow the development of volume and open interest of call and put options for nikes big money trades within a strike price range of 1050 to 1500 over the last 30 days nike option volume and open interest over last 30 days where is nike standing right now   with a volume of 1947120 the price of nke is down 102 at 11636   rsi indicators hint that the underlying stock may be approaching overbought   next earnings are expected to be released in 82 days what the experts say on nike   morgan stanley has decided to maintain their overweight rating on nike which currently sits at a price target of 138   raymond james has decided to maintain their outperform rating on nike which currently sits at a price target of 130   deutsche bank has decided to maintain their buy rating on nike which currently sits at a price target of 133   bmo capital has decided to maintain their outperform rating on nike which currently sits at a price target of 120   goldman sachs has decided to maintain their buy rating on nike which currently sits at a price target of 133 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for nike benzinga pro gives you realtime options trades alerts