Autodesk (ADSK) Offering Possible 7.07% Return Over the Next 3 Calendar Days

Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $134.00 short put and a strike $129.00 long put offers a potential 7.07% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $134.00 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 $129.00 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 49.9 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Autodesk

FireEye’s Shift to Subscriptions Bears Fruit
Fri, 09 Nov 2018 19:05:34 +0000
FireEye (FEYE) has been shifting from selling perpetual software licenses to a business model in which it sells its security software on a subscription basis. Many software companies are undergoing this shift as they seek to boost their recurring revenues. Design software maker Autodesk (ADSK), which has transitioned most of its customers to a subscription model, saw its recurring revenue jump 28% YoY (year-over-year) in the second quarter of fiscal 2019, which ended in July.

See what the IHS Markit Score report has to say about Autodesk Inc.
Fri, 09 Nov 2018 13:02:24 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.

Autodesk Extends Invitation to Join Financial Results Conference Call
Thu, 01 Nov 2018 12:00:00 +0000
Third Quarter Fiscal 2019 Financial Results Conference Call to be Held Tuesday, November 20, 2:00 p.m. Pacific Time SAN RAFAEL, Calif. , Nov. 1, 2018 /PRNewswire/ —  Autodesk , Inc. (NASDAQ: ADSK) today …

Jerome Dodson Comments on Autodesk
Wed, 31 Oct 2018 21:47:23 +0000
Guru stock highlight

Jerome Dodson's 3rd Quarter Endeavor Fund Shareholder Letter
Wed, 31 Oct 2018 21:18:19 +0000
As of September 30, 2018, the net asset value (“NAV”) of the Parnassus Endeavor Fund – Investor Shares was $38.82, so the Fund gained 5.35% in the third quarter. This compares to a gain of 7.71% for the S&P 500 Index (“S&P 500”) and a gain of 5.70% for the Lipper Multi-Cap Core Average, which represents the average return of the multi-cap core funds followed by Lipper (“Lipper average”). The Fund underperformed this quarter, causing us to lag the S&P 500 and the Lipper average for the one-year period as well.

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