Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $91.00 short put and a strike $86.00 long put offers a potential 12.61% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $91.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock dropped below the $86.00 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 above 80 which suggests that the stock is in overbought territory.
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 Nike
IBD 50 Stock Nike Scores With Fit Crowd And Investors
Fri, 31 Oct 2014 20:26:00 GMT
How a Marathon-Winning Kick Has Played for Skechers
Fri, 31 Oct 2014 18:03:18 GMT
BusinessWeek – Meb Keflezighi, unlikely marathon champion, has put Skechers on the running-shoe map
GoPro rises on expectations for great holiday sales
Fri, 31 Oct 2014 16:23:00 GMT
Milestone’s subsidiary creates app for Nike’s launch of new England kit
Fri, 31 Oct 2014 16:01:38 GMT
noodls – MILESTONE GROUP PLC (“Milestone” or the “Company”) Milestone's subsidiary creates app for Nike's launch of new England kit Milestone, the AIM quoted (AIM: MSG) provider of digital media …
Van Jones: Black high-tech heroes for next generation
Fri, 31 Oct 2014 15:18:46 GMT
USA TODAY – Van Jones: “We all need paths to follow and heroes to guide us along the way.”
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