NKE 19JAN24-22DEC23 PUT SPD
NKE earnings are coming out after the close today. The NKE 19Jan23-22Dec24 122 put time value spread can be acquired for 0.65. The December puts have an implied volatility (IV) of 145.25 and the January puts have an IV of 33.25. That's over 4X as great. Normally anything over 2 1/2 X is good.