Akamai's most recent trend suggests a bearish bias. One trading opportunity on Akamai is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 29.2% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Akamai 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 Akamai is bearish.
The RSI indicator is at 40.84 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
Cramer: Momentum stocks to fall much further?
Mon, 28 Apr 2014 22:36:25 GMT
[$$] Internet Picks Ahead of Earnings
Mon, 28 Apr 2014 18:11:00 GMT
Barrons.com – MKM Partners The reaction to Facebook's impressive earnings on Thursday was not a good sign for a sentiment rebound anytime soon and Friday's decline (Facebook dropped 5% versus Nasdaq's 1.8% decline) was even more ominous. Inputs from advertisers suggest meaningful performance gains and incremental dollars heading to Twitter with significant headroom, especially as new ad formats ramp.
Options Update: How to Play Akamai
Mon, 28 Apr 2014 16:32:20 GMT
Bloomberg – April 28 (Bloomberg) — MKM Holdings Derivatives Strategist Jim Strugger examines an option strategy for Akamai. He speaks with Olivia Sterns on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)…
Akamai CEO: Cloud is More Secure Than Internal Data Centers
Thu, 24 Apr 2014 20:03:35 GMT
The Wall Street Journal – Akamai CEO Tom Leighton says that cloud computing is more secure than the traditional model of hosting data in data centers.
Akamai reports DDoS attack traffic up 75% year-over-year
Wed, 23 Apr 2014 10:43:35 GMT
theflyonthewall.com – Akamai reports DDoS attack traffic up 75% year-over-year
Related Posts
Also on Market Tamer…
Follow Us on Facebook