"Nike" and "Harley Davidson" And The Topic Of Doing A "Spread".

Let's start with a three year chart on Nike. One year ago it was trading at $73.91. What's wrong with it? Are companies like Blundstone, Crocs, Dr. Martins and Wolverine cutting into their market share? Ask chatgtp. So if it might rebound wouldn't it be nice to catch some of the action with a long term Call? Now it's three month chart. Why would anyone get excited about such chart? One reason is the leverage provided if the stock ever decided to turn up. On might say that this would be a high risk trade and that it's like throwing money out the window. I somewhat understand that. Yet hear me out. There is something in option trading called doing a spread. Buy one long term Call like for one expiring in April of next year and sell against it a shorter term Call to rebate back to you some money. $465.00 to "buy-into" a longer term Call and an offsetting credit of $262.00 (less commissions) for selling against it a shorter term Call. . This might seem to b...