Autodesk's most recent trend suggests a bearish bias. One trading opportunity on Autodesk is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 7.76% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Autodesk 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 Autodesk is bearish.
The RSI indicator is at 28.41 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
[$$] 5 Battered Tech Stocks to Buy Now
Sat, 30 Jan 2016 05:01:00 GMT
Autodesk receives vote of confidence
Wed, 27 Jan 2016 13:47:26 GMT
optionMONSTER – Traders are looking for Autodesk to hold its ground. optionMONSTER's monitoring programs detected the sale of 4,143 February 42.50 puts in one print for $0.38 yesterday. Open interest in the strike was …
Kids are 3D printing their own “superhero cyborg” prosthetic arms. (Water cannons optional)
Mon, 25 Jan 2016 11:00:27 GMT
Pandora , FireEye, Autodesk: Shares Fell in the Double Digits
Wed, 20 Jan 2016 14:55:49 GMT
Amazon Slipped 5.8% as Technology Sector Took a Punch
Fri, 15 Jan 2016 14:06:43 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook