### Comment:
So the call is essentially betting that the price of NKE would hit $100? And by not he lost it all

### REPLY:
One call is the right to buy 100 shares at the strike price (in this case $100) at any time before the option expires. You buy this right for some amount of money, so in order to break even the market price of the share needs to be a little more than $100.

### END.