Electronic Arts's most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $122.00 short put and a strike $117.00 long put offers a potential 37.36% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $122.00 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $3.64 would be incurred if the stock dropped below the $117.00 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 66.62 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
Focus on Ad Business as Zynga Reports 4Q17
Tue, 06 Feb 2018 18:20:18 +0000
Zynga (ZNGA) is gearing up to report its 4Q17 results at a time when there’s a lot of attention on its advertising business. Although advertising is a minor contributor to Zynga’s overall revenues, recent trends in the business and overall trends in the global digital advertising industry make it a closely watched Zynga operation. The last time Zynga reported growth in its advertising business was in 3Q16 when it grew 7% YoY (year-over-year) to $47 million and accounted for 26% of overall revenue.
What to Expect as Zynga Reports 4Q17 Results
Tue, 06 Feb 2018 16:49:37 +0000
Zynga's 4Q17 Earnings PreviewZynga due to report earnings
Activision Blizzard’s Stock Performance since 3Q17 Results
Tue, 06 Feb 2018 12:37:09 +0000
How Will Activision Blizzard Perform in 4Q17?
Hooray! Electronic Arts Only Lost $200 Million Last Quarter
Tue, 06 Feb 2018 00:50:00 +0000
The shares bounced 8% to an all-time high on the earnings report.
Electronic Arts Shrugs Off a "Star Wars: Battlefront II" Miss
Tue, 06 Feb 2018 00:45:00 +0000
With help from a few other popular titles, EA still believes it will hit its financial targets this year.
Related Posts
Also on Market Tamer…
Follow Us on Facebook