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December 16, 2013 at 3:29 pm
#2227
Steven Place
Keymaster
We got the pullback needed to put this into a profitable trade, but NKE has earnings coming up which makes this a tougher trade to hold onto.
I’d go ahead and close out here. Total ROI is 5%, which covers the cost of commissions.
If you do want to hold through earnings, I’d buy a few Jan 80 Calls to get delta neutral.