Akamai's most recent trend suggests a bullish bias. One trading opportunity on Akamai is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 7.07% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $52.50 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 above 80 which suggests that the stock is in overbought territory.
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
Nasdaq stocks posting largest percentage increases
Fri, 21 Feb 2014 23:06:33 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 …
Akamai Closes Prolexic Buy
Fri, 21 Feb 2014 22:30:05 GMT
Zacks – Akamai Technologies recently announced that it has completed the acquisition of the privately-held cloud based security-solutions provider Prolexic Technologies.
Talking Convertible Bonds With Two Billionaires From That Other School
Fri, 21 Feb 2014 16:33:00 GMT
Forbes – It’s been a tough week to be a Yale man, watching a couple of guys from our Boston-area rival that shall remain nameless getting lots of attention. First, a guy who didn’t even graduate pays $19 billion, or $350 million per employee, for some texting company few people I know had […]
AKAMAI TECHNOLOGIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia
Thu, 20 Feb 2014 21:13:18 GMT
Internet stocks powering the tech sector
Thu, 20 Feb 2014 19:10:00 GMT
CNBC – CNBC's Dominic Chu digs into the sub-sectors of the technology industry and shows the top performing internet and software companies.
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