NKE → $12.82 by Sep 23, 2030.

What do you think of the 8-10% chance priced into the options market that Nke stock would decrease further from its 12-year low of 35.6 to rest at a stock price of 15 dollars or less? I think it would be a value stock if it reaches a 92+% drawdown from its all time high to reach a price of 12.82 with a market capitalization around 19-20 billion dollars. However, since this is already an extreme outlier event, it is …