Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 19.9% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock dropped below the $67.50 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 61.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
With Power Laces, the Future of Shoes Belongs to Nike
Wed, 19 Feb 2014 01:02:04 GMT
Skechers has right fundamentals: Trader
Tue, 18 Feb 2014 22:30:00 GMT
Nike Announces Anthony Watson as New Chief Information Officer
Tue, 18 Feb 2014 21:59:21 GMT
noodls – NIKE, Inc. (NYSE:NKE) announced today that Anthony Watson will become the company's new Chief Information Officer (CIO). Watson, a seasoned veteran of the information technology business, joins Nike from …
4:15 pm Nike announces Anthony Watson as new Chief Information Officer
Tue, 18 Feb 2014 21:57:54 GMT
NIKE Announces Anthony Watson as New Chief Information Officer
Tue, 18 Feb 2014 21:15:00 GMT
Business Wire – NIKE, Inc. announced today that Anthony Watson will become the company’s new Chief Information Officer .
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