nike shor nike shores and said just short it. it. he made a he made a lot and here is how. on "option on "options action" there's just one way t one way to just do it. risk less s risk less so you can make more and that's and that's exactly what dan did with his b with his bearish bet on nike. dan though dan thought shares were heading lower but lower but shorting the stock, that could that could cost you. >> $1 mill >> $1 million. >> so to de >> so to define his risk, dan bought the bought the april 105 strike put for $1.80. for $1.80. now, to m now, to make money dan needs nike stoc nike stock to fall below that put strike put strike price by more than the cost o the cost of the trade or in this case below case below 103.20 by april expiratio e but $1.80 but $1.80 you keep spending money lik money like that and he will end up like thi up like this guy. show us how show us how to do this for less. >> i'm sell >> i'm selling one of the april 100 puts. 100 puts. >> well done >> well done. so to spen so to spend less dan sold the april 100 april 100 strike put for 90 cents and cents and created his put spread. spread. but he did but he did something even better. better. he made mak he made making money easier here is ho here is how. between the between the $1.80 he spent buy