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 13.38% return on risk over the next 9 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 $0.59 would be kept by the premium seller. The risk of $4.41 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 76.73 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
Mania, Tragedy, Despair and Redemption: A Brief Convertible History of Akamai (Part 1 of 3)
Thu, 13 Feb 2014 23:49:00 GMT
Nasdaq stocks posting largest percentage increases
Thu, 13 Feb 2014 23:03:50 GMT
AP – A look at the 10 biggest percentage gainers on Nasdaq at the close of trading: InterCloud Systems rose 22.9 percent to $12.90. Bind Therapeutics rose 12.0 percent to $15.40. RiceBran Tech rose 10.6 percent …
LimeLight Surges 18%: Q4 Loss Better Than Feared, Sets $15M Buyback
Thu, 13 Feb 2014 21:45:00 GMT
Barrons.com – Shares of Internet bandwidth provider Limelight Networks (LLNW) are up 39 cents, or almost 19%, at 2.50, in late trading, after the company this afternoon reported Q4 revenue that missed analysts' expectations slightly, but delivered a smaller-than-expected net loss per share, and said it may buy back up to 8% of its stock. Revenue in the three months ended in December fell 9%, year over year, to $42.2 million, yielding a net loss of 5 cents per share.
AKAMAI TECHNOLOGIES INC Files SEC form 8-K/A, Other Events, Financial Statements and Exhibits
Thu, 13 Feb 2014 11:07:28 GMT
The Weather Channel's cable fight is the tip of the iceberg
Thu, 13 Feb 2014 00:19:00 GMT
Fortune – by Erika Fry FORTUNE—The weather this winter has been particularly frightful—crippling cities that aren't accustomed to snow and ice, and making commuters in colder climes slosh to work, week after week, …
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