Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $81.00 short put and a strike $76.00 long put offers a potential 9.41% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $81.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $76.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nike is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Nike is bullish.
The RSI indicator is at 68.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Apple unveils two new iPhones, smartwatch
Tue, 09 Sep 2014 21:31:54 GMT
The Top Ten Stocks for Sept. 9
Tue, 09 Sep 2014 20:24:33 GMT
Nike, others end business relationship with Rice
Tue, 09 Sep 2014 20:21:47 GMT
Nike, others end business relationship with Rice
Tue, 09 Sep 2014 20:21:33 GMT
NIKE, Inc. Announces First Quarter Fiscal 2015 Earnings and Conference Call
Tue, 09 Sep 2014 20:15:00 GMT
Business Wire – NIKE, Inc. plans to release its first quarter fiscal 2015 financial results on Thursday, September 25, 2014, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours.
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