Activision's most recent trend suggests a bullish bias. One trading opportunity on Activision is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 18.2% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 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 $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Activision 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 Activision is bullish.
The RSI indicator is at 74.43 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 Activision
Activision Blizzard Recommends Shareholders Reject Mini-Tender Offer by TRC Capital Corporation
Fri, 19 Jan 2018 00:50:00 +0000
Activision Blizzard, Inc. today announced it has received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 2 million shares of Activision Blizzard common stock at a price of $63.25 per share in cash.
Activision Publishing CEO Eric Hirshberg Is Leaving the Company
Thu, 18 Jan 2018 22:20:43 +0000
He's responsible for the popular gaming franchises "Call of Duty," "Destiny," and "Skylanders."
Bernstein: Why Video Game Publishers Could Be ‘The Perfect Media Companies'
Thu, 18 Jan 2018 19:11:33 +0000
When investors think of a “studio,” the first thought that might come to mind is a movie studio. But a video game publisher is very much a studio, and a compelling one that investors are underappreciating, …
What the Future of eSports May Hold Following the Overwatch League Launch
Thu, 18 Jan 2018 17:10:00 +0000
Venture capitalists, private equity firms and sports industry titans are plowing money into the lucrative eSports industry, as it begins to look more and more like professional sports leagues.
It Feels Like Overwatch's Cosmetic Monetization Model Will Become Unsustainable
Thu, 18 Jan 2018 16:28:00 +0000
How long can Overwatch thrive selling nothing but cosmetics?
Related Posts
Also on Market Tamer…
Follow Us on Facebook