NKE is a short: bad earnings, dead-cat bounce, retest and break of lows expected, fair value in the upper 20s; a swing short could fall to $33 by the end of the week. The speaker is short and may add puts.

I am also short Nike and Lulu and they're falling off a cliff right now here.

All right, cool. Nike is going down finally. Uh Nike short. Oo, Nike shorts starting to look real delicious now. Maybe I'm going to add some Nike puts instead of just common. How about that?

How do those I'm really traed Nike puts. How do those look? Nike puts this week. Yeah, they're all right. Find me a contract. We're going 35 or 3450 this week or next week? I'm buying I'm buying next week's Nike call, right?

There we go. Nike and Lulu. Guys, did anyone join me on the Nike short? This is so beautiful. Look at the daily chart. Terrible earnings report. I got fair value in the upper 20s.

Bad earnings, dead cap bounce, retest, and break the lows. Same thing is going to happen here. I think bad earnings, deadcat bounds.

dude. Is anyone not interested in shorting Nike with me? I just love this. I am, but I want to see I don't want to short it down. Yeah, I don't want to. You probably got in at the right time there, Ben.

I probably would have sold it like right here cuz I don't know if it could take a little intraday bounce looking at the

I'm talking about like a swing short. Look at the daily chart. This thing can be down This thing can be down like to $33 by the end of the week. Yeah, you're absolutely right. It could definitely pull back another dollar easily.