Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $250.00 short put and a strike $230.00 long put offers a potential 13.06% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $250.00 by expiration. The full premium credit of $2.31 would be kept by the premium seller. The risk of $17.69 would be incurred if the stock dropped below the $230.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Autodesk 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 Autodesk is bullish.
The RSI indicator is at 31.47 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 Autodesk
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Mon, 13 Dec 2021 14:01:00 +0000
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Autodesk Inc (ADSK) President and CEO Andrew Anagnost Sold $1.2 million of Shares
Wed, 08 Dec 2021 03:15:01 +0000
President and CEO of Autodesk Inc (30-Year Financial, Insider Trades) Andrew Anagnost (insider trades) sold 4,724 shares of ADSK on 12/03/2021 at an average price of $256.27 a share.
Autodesk, Inc. (ADSK) Fell Out Of Favor With Hedge Funds
Wed, 08 Dec 2021 01:57:36 +0000
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings […]
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Tue, 07 Dec 2021 14:03:00 +0000
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Fri, 03 Dec 2021 11:20:00 +0000
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