Jim Cramer Is Watching Nike Q2 Results in the Week Ahead

TheStreet's Jim Cramer is keeping an eye on Nike (NKE) when the sportswear giant releases its second quarter fiscal 2016 earnings results on Tuesday after the close of trading. Cramer says, 'this stock has come down a little bit, maybe not enough, not as much as Under Armour (UA), but I do think they're going to say some good things about China and they're going to say good things about the United States. So be aware that if that stock gets hit, maybe some deep in the money calls.' Analysts are expecting Nike to announce earnings of $0.85 a share on $7.80 million in revenue for the quarter. Shares of Nike are up 35 percent year-to-date.