Intl Game Tech (IGT) Offering Possible 20.48% Return Over the Next 27 Calendar Days

Intl Game Tech's most recent trend suggests a bullish bias. One trading opportunity on Intl Game Tech is a Bull Put Spread using a strike $28.00 short put and a strike $23.00 long put offers a potential 20.48% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $28.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $23.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Intl Game Tech 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 Intl Game Tech is bullish.

The RSI indicator is at 62.68 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 Intl Game Tech

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International Game Technology PLC to Host Third Quarter 2021 Results Conference Call on Tuesday, November 9, 2021
Wed, 20 Oct 2021 20:31:00 +0000
International Game Technology PLC (“IGT”) (NYSE:IGT) will host a conference call and live webcast to discuss third quarter 2021 results for the period ended September 30, 2021 on Tuesday, November 9, 2021.

Hedge Funds Are Cashing Out Of International Game Technology PLC (IGT)
Mon, 18 Oct 2021 15:35:26 +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 […]

IGT Resort Wallet and IGTPay Cashless Technologies Named “Product Innovation of the Year” in 2021 Global Gaming Awards Las Vegas
Tue, 05 Oct 2021 10:45:00 +0000
International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its Resort Wallet™ and IGTPay™ modules of the IGT ADVANTAGE™ casino management system continued their award winning streak after being named “Product Innovation of the Year” yesterday in the 2021 Global Gaming Awards Las Vegas. The Global Gaming Awards Las Vegas program is held each year in conjunction with the Global Gaming Expo (“G2E”) and recognizes and rewards the gaming industry's strongest performers of the previous

IGT's CrystalBetting Terminal with Multigame Content Wins Gold in 2021 GGB Gaming & Technology Awards
Mon, 04 Oct 2021 20:31:00 +0000
International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its CrystalBetting™ Terminal with multigame content won Gold in the “Best Consumer-Service Technology” category of the 2021 GGB Gaming & Technology Awards. IGT recently named this unique hardware and software combination, IGT's CrystalFlex. Sponsored by highly respected Global Gaming Business Magazine, the GGB Gaming & Technology Awards are judged by a diverse panel of gaming industry professionals and recognize and encou

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