🐋 $NKE WHALE #6: $1.2M of $36 puts SOLD, Oct 16 expiry. The FIRST put sale of the day — and it's a masterclass in bullish patience. Thread 🧵 Mechanics: selle

🐋 $NKE WHALE #6: $1.2M of $36 puts SOLD, Oct 16 expiry. The FIRST put sale of the day — and it's a masterclass in bullish patience. Thread 🧵 Mechanics: seller COLLECTS $1.2M upfront. If $NKE ≥ $36 on Oct 16 → puts die worthless → seller keeps it all. If below → seller buys shares at $36. Transla…