Fidelity National's most recent trend suggests a bearish bias. One trading opportunity on Fidelity National is a Bear Call Spread using a strike $135.00 short call and a strike $145.00 long call offers a potential 12.36% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $135.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $8.90 would be incurred if the stock rose above the $145.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Fidelity National 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 Fidelity National is bearish.
The RSI indicator is at 32.77 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 Fidelity National
Fidelity National Info. (FIS) Continues to Upgrade, Poised for Valuable Growth Soon
Wed, 20 Jan 2021 17:39:50 +0000
Weitz Investment Management, a boutique employee-owned firm, published its ‘Weitz Value Fund’ third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 11.50% was recorded by the fund for the Q3 of 2020, above both its S&P 500 benchmark that returned 8.93% and the Russell 1000 Index that returned […]
Growth for the Long-Term, Projected in Fidelity National Info. (FIS)
Wed, 20 Jan 2021 17:30:33 +0000
Weitz Investment Management, a boutique employee-owned firm, published its ‘Weitz Partners III Opportunity Fund’ third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 7.59% was recorded by the fund for the Q3 of 2020, below both its S&P 500 benchmark that returned 8.93% and the Russell 3000 Index that […]
FIS to Report Fourth Quarter Earnings on February 9, 2021
Fri, 15 Jan 2021 13:00:00 +0000
FIS® (NYSE: FIS), a global leader in financial services technology, will announce fourth quarter 2021 financial results on Tues., Feb 9, 2021, prior to market open.
Unusual Options Activity Insight: Fidelity National Info
Thu, 14 Jan 2021 15:36:08 +0000
On Thursday, shares of Fidelity National Info (NYSE:FIS) saw unusual options activity. After the option alert, the stock price moved up to $130.98. * Sentiment: BULLISH * Option Type: TRADE * Trade Type: CALL * Expiration Date: 2021-02-19 * Strike Price: $135.00 * Volume: 1147 * Open Interest: 47Three Indications Of Unusual Options Activity One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset.Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being “out of the money”. This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin.Understanding Sentiment Options are “bullish” when a call is purchased at/near ask price or a put is sold at/near bid price. Options are “bearish” when a call is sold at/near bid price or a put is bought at/near ask price.These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.Using These Strategies To Trade Options Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Click here for options trades from Benzinga * Unusual Options Activity Insight: Apple * Unusual Options Activity Insight: Qualcomm(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Billionaire Andreas Halvorsen’s Top 10 Stock Picks
Wed, 06 Jan 2021 15:53:00 +0000
In this article, we presented billionaire Andreas Halvorsen’s top 10 stock picks. Click to skip ahead and see Billionaire Andreas Halvorsen’s Top 5 Stock Picks. The billionaire Andreas Halvorsen’s Viking Global Investors LP has beaten the broader market index in 2020 by returning 25% after management and performance fees. This is not the first time […]
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