Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 13.9% 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 $87.50 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.39 would be incurred if the stock dropped below the $82.50 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 51.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Today's Market Thorns, Roses, and All Time Highs…
Wed, 22 Oct 2014 21:18:46 GMT
Nike Puts Top Athletes on a Catwalk and Makes Its Play for Women
Wed, 22 Oct 2014 19:30:24 GMT
Nike makes a big push into the fast-growing women’s segment
Wed, 22 Oct 2014 18:58:32 GMT
Nike Unveils New Spring/Summer 2015 Women’s Collections, Connects with 65 Million Women Across Global Digital Community
Wed, 22 Oct 2014 17:50:00 GMT
Business Wire – Nike today unveiled its new Spring/Summer 2015 Women’s collections in New York City with 27 of the world’s top athletes, showcasing a breadth of performance and lifestyl
Nike to the NFL: We Don't Tolerate Domestic Violence
Wed, 22 Oct 2014 17:45:23 GMT
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