Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 13.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $87.50 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 78.75 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 Nike
Can Black Friday Deliver Bang For The Buck To Stocks?
Thu, 20 Nov 2014 23:10:00 GMT
Consumer Retail/Spending top the Lg Cap List…
Thu, 20 Nov 2014 23:03:13 GMT
Nike Boosts Quarterly Dividend 17%
Thu, 20 Nov 2014 22:32:11 GMT
NIKE, INC. ANNOUNCES 17 PERCENT INCREASE IN QUARTERLY DIVIDEND
Thu, 20 Nov 2014 21:42:30 GMT
noodls – November 20, 2014 NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.28 per share on the Company's outstanding Class A and Class B Common Stock. …
NIKE, Inc. Announces 17 Percent Increase in Quarterly Dividend
Thu, 20 Nov 2014 21:42:17 GMT
noodls – Quarter 1 Reports Fiscal 2015 Q1 Results Q115 Financial Schedules & Key Financial Metrics NIKE, Inc. Q115 Earnings Call Transcript … This is an abstract of the original noodl. To continue reading this …
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