Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Sold JUL 72.5 Calls Against NKE

|Includes:Nike Inc. (NKE)

this AM against all NKE shares in Accounts I - III for 2.63 - 2.65. Between the call premiums and the expected dividend, it makes me feel a bit more comfortable in light of the continued market sell-off. Average price for those Accounts is 74.16.

Disclosure: I am long NKE, KALU.

Stocks: NKE