Activision (ATVI) Offering Possible 7.3% Return Over the Next 6 Calendar Days

Activision's most recent trend suggests a bullish bias. One trading opportunity on Activision is a Bull Put Spread using a strike $59.50 short put and a strike $54.50 long put offers a potential 7.3% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.50 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $54.50 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Activision 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 up which suggests that the medium-term momentum for Activision is bullish.

The RSI indicator is at 65.36 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 (ATVI) Adds COD: Modern Warfare, Warzone Season 3
Thu, 09 Apr 2020 13:46:01 +0000
Activision Blizzard (ATVI) is likely to benefit from portfolio strength with the launch of Call of Duty: Modern Warfare and Warzone Season 3 despite intensifying competition.

'Fortnite' Popularity Fades As 'Call Of Duty' Closes Gap, Survey Says
Wed, 08 Apr 2020 21:15:25 +0000
The success of Epic Games' "Fortnite" is explosive, and has remained the top battle royale title since Epic's dive into the new genre.Fortnite's Epic RunIn August 2018, the game reached a peak of 78.3 million players for the month. In March 2019, Epic reported 250 million total players. The black hole event at the end of Chapter 1 was the most viewed gaming event in history on platforms such as Amazon.com.'s (NASDAQ: AMZN) Twitch, Google's (NASDAQ: GOOG) YouTube and Twitter (NYSE: TWTR).As the battle royale genre continued to develop, with entries from titles like Electronic Arts Inc.'s (NASDAQ: EA) "Apex Legends," "Fortnite" remained on the top of the leaderboards. With huge events like the 2019 Fortnite World Cup, and special in-game events, it's no surprise "Fortnite" has been leading the pack.However, a study from Piper Sandler shows the gap between "Fortnite" and other free-to-play battle royale titles is starting to narrow.See Also: Esports, Gaming Thrive, Adapt As Nation Grapples With PandemicClosing The GapWhile "Fortnite" is still the top game played, with 39% of teens dedicating time to the title, the percentage has dropped significantly from 54% a year ago.This spring, Activision Blizzard's (NASDAQ: ATVI) "Call of Duty: Blackout" was the second choice among teens, with an increase from 26% to 33%. These numbers are likely to grow thanks to the release of "Call of Duty: Warzone." The new free-to-play title reached 30 million players in 10 days, and experienced a similar pace to "Apex Legends," which attracted 25 million players in the first week.Piper Sandler's survey was a national study of more than 5,200 students.What's Next?As more titles enter the battle royale space, the gap will continue to close. By attaching "Warzone" to "Modern Warfare," Activision has made strides to provide a shooter experience in several genres and niches, including esports and co-operative play. Perhaps this has shifted the balance between free-to-play and traditional games. "Fortnite's" free-to-play format generated massive success, and other companies are developing their own strategies outside of traditional publishing.With multiplayer being a dominant feature in consoles, handheld devices and PCs, it only makes sense to take advantage of the way it evolves. With games like "Call of Duty" creating modes to satisfy every shooter fan, and "Fortnite" paving the way for social events, it'll be interesting to see how multiplayer games change, and how the popularity gap shifts. Photo courtesy of Epic Games.Latest Ratings for ATVI DateFirmActionFromTo Apr 2020Wells FargoInitiates Coverage OnOverweight Apr 2020MKM PartnersUpgradesNeutralBuy Mar 2020BerenbergUpgradesHoldBuy View More Analyst Ratings for ATVI View the Latest Analyst Ratings See more from Benzinga * Evil Geniuses Partner With US Navy To Produce CS:GO Series * Rumored 'Call Of Duty' Mobile Championship Could Boost Mobile Esports Growth * Esports, Gaming Thrive, Adapt As Nation Grapples With Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Call of Duty: Modern Warfare Season Three Now Live
Wed, 08 Apr 2020 16:00:00 +0000
Season Three is now available across the Modern Warfare Universe, giving all Call of Duty®: Modern Warfare® and Call of Duty: Warzone players access to a new season packed with free, new content and experiences. The new Season Three is packed with new maps, modes, weapons, Operators, Vehicle Skins, cosmetics and more to continuously fuel the fun for both Modern Warfare and Warzone. Millions of players already have joined the fight to date totaling more than 2.4 billion hours played together in Modern Warfare including Warzone.*

Fiverr, Nordstrom, Electronic Arts, Tencent and Activision Blizzard highlighted as Zacks Bull and Bear of the Day
Wed, 08 Apr 2020 14:19:02 +0000
Fiverr, Nordstrom, Electronic Arts, Tencent and Activision Blizzard highlighted as Zacks Bull and Bear of the Day

Activision Stock Called Top Pick As It Nears Buy Point
Tue, 07 Apr 2020 20:20:18 +0000
Video game stocks have outperformed the broader stock market during the Covid-19 coronavirus pandemic. Several, including Activision Blizzard and Take-Two, are approaching buy points.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.