Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $96.00 short put and a strike $91.00 long put offers a potential 20.77% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $96.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $91.00 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 77.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Odell Beckham Catch Means $2.2 Million for Nike Gloves
Tue, 25 Nov 2014 00:33:39 GMT
4 Reasons Nike's Business Will Explode
Mon, 24 Nov 2014 22:29:34 GMT
Most Sectors Represent in Today's Lg Cap All-Time Highs…
Mon, 24 Nov 2014 21:48:46 GMT
Nike extends contract with USOC
Mon, 24 Nov 2014 21:21:02 GMT
AAP – The swoosh and the rings will stick together through at least 2020. The US Olympic Committee has signed an extension to its sponsorship deal with Nike that will last through the Tokyo Games six years from …
Nike Athlete Hao-Tong Li is Creating a Stir in China
Mon, 24 Nov 2014 19:49:28 GMT
noodls – The newest addition to Li's bag was his Nike Vapor Pro irons (6-9) featuring the distinctive Modern Muscle technology, which balances weighting for perfected precision and power. Li played with 14 Nike …
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