Akamai's most recent trend suggests a bearish bias. One trading opportunity on Akamai is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 6.16% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $67.50 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 44.87 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
Why Battery Makers Are on a Tear?
Mon, 10 Mar 2014 16:59:02 GMT
Bloomberg – March 10 (Bloomberg) –- MKM Holding Derivatives Strategist Jim Strugger discusses the VIX and battery makers with Scarlet Fu on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)
AKAMAI TECHNOLOGIES INC Financials
Fri, 07 Mar 2014 18:04:13 GMT
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Thu, 06 Mar 2014 20:50:04 GMT
Zacks – Facebook recently agreed to delete all posts from users seeking to buy or sell weapons unlawfully or without proper background check.
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Thu, 06 Mar 2014 13:10:55 GMT
US close: Stocks flat, S&P 500 pauses at record after weak data
Thu, 06 Mar 2014 07:20:00 GMT
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