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 13.64% return on risk over the next 31 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 $0.60 would be kept by the premium seller. The risk of $4.40 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 77.39 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
Consumer stocks take the lead Today…
Wed, 19 Nov 2014 22:01:17 GMT
Know a fitness freak? Check out these hot gifts
Wed, 19 Nov 2014 15:00:00 GMT
UA vs. NKE: Which has better growth story?
Tue, 18 Nov 2014 22:33:00 GMT
Cramer: This stock is turning around
Tue, 18 Nov 2014 21:43:15 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/c.sqVnlfbdD5K76J6CnJGw–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@1bae8fc8-8ff9-3ee2-86cf-f6130e5d31af_FULL.jpg
Health Care dominates the Lg Cap All-Time Highs today…
Tue, 18 Nov 2014 21:41:35 GMT
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