Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 18.2% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Autodesk 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 Autodesk is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Autodesk
Steve Mandel Buys 5 Percent Stake in 3D Printing Company
Thu, 06 Nov 2014 02:23:42 GMT
Gurufocus – Lone Pine Capital manager Steve Mandel (Trades, Portfolio) has acquired a stake in Autodesk Inc. (ADSK) consisting of 11,961,827 shares on Oct.
9:34 am Autodesk probed last week and Oct/multi-year highs at 58.74/58.75 and pulled back into the red — session high 58.70
Wed, 05 Nov 2014 14:34:00 GMT
The top iPhone and iPad apps on App Store
Tue, 04 Nov 2014 17:59:03 GMT
AP – App Store Official Charts for the week ending October 6, 2014: Top Paid iPhone Apps: 1Five Nights at Freddy's, Scott Cawthon 2Swype – Keyboard, Nuance Communications 3Minecraft – Pocket Edition, Mojang …
Autodesk Extends Invitation to Join Financial Results Conference Call
Mon, 03 Nov 2014 13:00:00 GMT
Business Wire – Autodesk, Inc. today announced that it will broadcast its third quarter fiscal 2015 financial results conference call live via its website Thursday, November 20, 2014 at 2:00 p.m.
Oculus CEO Gives $31M For Computer Science Building At University Of MD
Sat, 01 Nov 2014 02:45:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook