Shorting NKE: part 15
"Why"?
It is a proof.
Yes, a mathematical one.
Beyond the academic presentation there is the question oif every concept: “But what is the practical application?”.
This question follows every dreamer. Every innovator. Anyone who thinks the way we do something is wrong.
Now, what am I proving? 2 things:
My own math that I created, to identify over valued assets and the best ways to profit from them. Overvalued being the key. You will meet 1000 people who tell you they can find undervalued assets, buildings, stocks, bonds, options, etc. Well, that means finding the overvalued stuff is where the opportunity is. Imagine being in the hot seat when someone tells you: “Your company is overvalued and here are the numbers to prove it”.
That the way we still cling to Options pricing, valuation, and risk assessment is wrong. Citadel and Robinhood are trying to gamify options trading on their platforms. Again, these are incorrect. the claim that 90% of options expire worthless might be right but it does not have to be this way because Options trading can change. The market for these derivatives can change. The 20th century ways have been disproved yet few have done more than agree. My work here, in the language that everyone understands (profit) is meant to be the first domino.
Sure, I want to be right. It is a living. But it is also critical to me that everything evolve as it is supposed to. Options markets included. Why?
Everyone needs insurance. Your life. Your health. Your car. Your home. Your devices. What about your future? Do you have insurance on your financial future?
NKE closed at 59.79. Up 28 cents. After market NKE was up 11 cents. To 59.90.
Down 1.67 or c. 2.71% for the week.
Down 2.49% over the last month.
Down 17.86% for the last 3 months.
Down 21% YTD.
Down 36% for the last year.
Up 942% since inception.