Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 10.38% 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 $95.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nike 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 Nike is bullish.
The RSI indicator is at 46.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Who Wins The Oregon Vs. Ohio State Matchup In Stocks?
Sat, 10 Jan 2015 13:02:00 GMT
10-Q for NIKE, Inc.
Sat, 10 Jan 2015 00:07:33 GMT
Deutsche Bank Comments On Nike's 10Q, Says Company Is ‘Among The Best'
Fri, 09 Jan 2015 22:11:30 GMT
FINALLY: Nike Is Going To Sell Those Self-Lacing ‘Back To The Future 2' Sneakers This Year
Fri, 09 Jan 2015 10:41:00 GMT
Firms Follow Trend of Hiring Boutiques: Business of Law
Fri, 09 Jan 2015 05:00:22 GMT
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