Electronic Arts's most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $37.50 short put and a strike $32.50 long put offers a potential 13.64% 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 $37.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $32.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Electronic Arts 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 Electronic Arts is bullish.
The RSI indicator is at 78.84 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 Electronic Arts
Madden NFL 15 MVP: Meet the Ratings Czar
Mon, 25 Aug 2014 00:18:21 GMT
Bloomberg – Aug. 25 (Bloomberg) –- Madden NFL 15, the newest version of the Electronic Arts flagship sports franchise, will blitz its way to a console near you on Tuesday. Meet one of the most important people in …
Hackers Target Video Games for Fun, Profit and Better Scores
Sun, 24 Aug 2014 11:00:12 GMT
New York Times – Sophisticated hackers are infiltrating video game makers not only to steal credit card numbers, passwords and trade secrets, but also, it turns out, simply for the virtual street cred.
‘Madden' game kicks off big digital push for EA
Fri, 22 Aug 2014 17:04:51 GMT
The Ten Most Desirable Video Game Companies to Work For
Thu, 21 Aug 2014 16:27:00 GMT
Forbes – With the explosive growth of the gaming industry, especially in recent years, new graduates are flooding into the field with stars in their eyes, hoping to create the next indie darling or blockbuster mega-hit. It's a tough business with long hours and high expectations, and there are plenty of lessons […]
Ubisoft won't attempt an unlimited gaming service until EA proves it can work
Wed, 20 Aug 2014 08:42:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook