Nike (NYSE: NKE) option prices up into 9/20 EPS & Outlook. NKE will report EPS on 9/20. Thomson First Call estimates 1Q EPS of $0.87 cents. TWPT has a 12-month price target of $62.92 and say's "expect healthy growth in futures orders." NKE September 55 straddle is priced at $3.60. NKE October option implied volatility of 28 is above its 26-week average of 25 according to Track Data, suggesting larger price fluctuations.

CarMax (NYSE: KMX) option prices Elevated into 9/19 EPS & Guidance. KMX is expected to report 2Q EPS of $0.29 cents 9/19 according to Thomson First Call. Goldman Sachs say's "the stock still screens as inexpensive relative to historical levels, and we continue to believe lingering credit concerns may be overdone." KMX September 25 straddle is priced at $2.35. KMX October option implied volatility of 57 is above its 26-week average of 35 according to Track Data, suggesting larger risk.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.