Akamai's most recent trend suggests a bullish bias. One trading opportunity on Akamai is a Bull Put Spread using a strike $59.00 short put and a strike $54.00 long put offers a potential 19.33% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $54.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Akamai 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 Akamai is bullish.
The RSI indicator is at 69.47 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 Akamai
Sky Italia Speeds Content Availability with Akamai and Aspera
Tue, 04 Nov 2014 11:30:00 GMT
PR Newswire – CAMBRIDGE, Mass., Nov. 4, 2014 /PRNewswire/ — Akamai Technologies, Inc. (AKAM), a leading provider of cloud services for delivering, optimizing and securing online content and business applications, today announced that Sky Italia has improved and simplified its workflow with Akamai's Media Delivery solutions. With the combination of the leading high-speed file transfer solutions from Aspera, an IBM company, and Akamai's NetStorage cloud-based storage platform, Sky has realized an increase in file upload speed by up to 650 percent. Since their launch in 2012, Sky Go and Sky on Demand have quickly come to be among the most popular video content services in Italy with over three million combined active users. To cope with this demand and an increasing amount of content offered via mobile devices, Sky needed to improve the upload speed of titles onto its storage systems in order to grow the breadth and quality of its content offerings.
Market Thorns, Roses, All Time Highs, and ETF All Time Highs…
Thu, 30 Oct 2014 21:21:26 GMT
Akamai Conference Call Highlights
Thu, 30 Oct 2014 19:17:01 GMT
Benzinga – Akamai Technologies, Inc. (NASDAQ: AKAM ) reported its third quarter earnings on Wednesday. Shares of the company are up 5 percent. Below are some key highlights from its conference call. Financial Progress: …
Akamai Technologies (AKAM) Earnings Report: Q3 2014 Conference Call Transcript
Thu, 30 Oct 2014 17:58:00 GMT
TheStreet – The following Akamai Technologies (AKAM) conference call took place on October 29, 2014, 04:30 PM ET. This is a transcript of that earnings call:
Internet Growth Increasing at Substantial Rate: Leighton
Thu, 30 Oct 2014 17:48:55 GMT
Bloomberg – Oct. 30 (Bloomberg) — Akamai CEO Tom Leighton discusses internet media consumption and traffic on “Bloomberg West.” (Source: Bloomberg)
Related Posts
Also on Market Tamer…
Follow Us on Facebook