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 38 bullish and 61 bearish out of all of the special options we uncovered 7 are puts for a total amount of 511200 and 6 are calls for a total amount of 632429 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 850 to 1350 for nike over the last 3 months in terms of liquidity and interest the mean open interest for nike options trades today is 109033 with a total volume of 333900 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 850 to 1350 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 2997516 the price of nke is down 003 at 11882   rsi indicators hint that the underlying stock is currently neutral between overbought and oversold   next earnings are expected to be released in 26 days what the experts say on nike   wedbush has decided to maintain their outperform rating on nike which currently sits at a price target of 139   wells fargo has decided to maintain their overweight rating on nike which currently sits at a price target of 150   kgi securities downgraded its action to neutral with a price target of 106   goldman sachs has decided to maintain their buy rating on nike which currently sits at a price target of 155 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 dcompanyname benzinga progives you realtime options trades alerts