Gamestop (GME) Offering Possible 16.55% Return Over the Next 12 Calendar Days

Gamestop's most recent trend suggests a bearish bias. One trading opportunity on Gamestop is a Bear Call Spread using a strike $42.50 short call and a strike $47.50 long call offers a potential 16.55% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $42.50 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock rose above the $47.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Gamestop is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Gamestop is bearish.

The RSI indicator is at 52.84 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Gamestop

GameStop Corp. Announces Second Quarter 2014 Earnings Release Date and Conference Call Webcast
Thu, 31 Jul 2014 13:04:23 GMT
noodls – GRAPEVINE, Texas–(BUSINESS WIRE)–Jul. 31, 2014– GameStop Corp. (NYSE: GME) today announced that the company will report earnings results after the market closes on Thursday, August 21, 2014 for its …

GameStop Corp. Announces Second Quarter 2014 Earnings Release Date and Conference Call Webcast
Thu, 31 Jul 2014 13:00:00 GMT
Business Wire – GameStop Corp. today announced that the company will report earnings results after the market closes on Thursday, August 21, 2014 for its second quarter ended August 2,

GameStop Finds a Beacon in Fight Against Amazon
Wed, 30 Jul 2014 22:43:51 GMT

GameStop analysts split on digital download threat
Wed, 30 Jul 2014 21:22:00 GMT

GameStop Technology Institute Builds On IT Technology Innovation To Drive Positive Customer Experiences
Wed, 30 Jul 2014 20:15:00 GMT
Business Wire – GameStop , a family of specialty retail brands that makes consumers' favorite technologies affordable and simple, announced today that its GameStop Technology Institute

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