NLS Bowflex is stretching towards a 5 year high of $25

Nautilus is the marketer, developer, and manufacturer of fitness equipment brands Bowflex, Schwinn Fitness and more. NLS Bowflex is stretching towards a 5 year high of $25, pun intended. Lol. NLS is already up 1120% year to date. This might be a stretch, haha, but I think NLS can actually hit it’s all time high of $43 by New Years resolutions 2021. With a closing price of $22.10 on Friday 10/9 we’re half way there. For a totally speculative play, because of the massive yearly price action already, look into a calendar spread like a 12/18 $30 call with a 1/15/21 $25 call for a max risk of $190. Good luck and happy trading friends...

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