Nike Offering Possible 5.04% Return Over the Next 30 Calendar Days

Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 5.04% 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 $70.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $65.00 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 at 54.83 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

Fragments of time: the wild, messy state of smartwatches
Thu, 17 Oct 2013 15:50:42 GMT
The Verge – As Samsung's Galaxy Gear commercial illustrates, the desire for a truly smart wrist-worn device is as old as the electronics industry itself. We've lusted after smart watches for so long that we've melded the two words into one utopian noun: a smartwatch. 2013 has been an undeniably good year for smartwatch enthusiasts. From the successful Kickstarter project that gave birth to the Pebble to Samsung and Sony's most sincere efforts to commercialize the category, the buyer's choice has never been wider. …

NFL Network's Rich Eisen Partners With Nike Football For Sports-Themed Dating App
Thu, 17 Oct 2013 12:27:00 GMT
Forbes – Sports broadcaster Rich Eisen launches new dating app that matches people based on their favorite teams and players.

Twitter Hires Google Advertising Executive Ahead of IPO
Wed, 16 Oct 2013 23:35:57 GMT
Bloomberg – Twitter Inc. has hired a Google Inc. advertising executive to be head of retail, as the company ramps up hiring and works to expand its business ahead of an initial public offering.

Is Apple Holding Nike Back?
Wed, 16 Oct 2013 20:12:09 GMT
Motley Fool – Nike's new FuelBand is still restricted to iOS apps.

Adidas unveils $399 fitness smartwatch with GPS tracking and heart rate monitoring
Wed, 16 Oct 2013 17:23:47 GMT
The Verge – Yesterday was Nike's day in the spotlight, but today Adidas is officially joining its rival in the wearable devices category. The company has announced its own smartwatch, which it says will appeal to runners thanks to built-in GPS tracking, Bluetooth connectivity, and pulse-based heart rate tracking — a feature that FuelBand users have long clamored for. Speaking at the GigaOM Mobilize conference, Adidas VP Paul Gaudio said that the watch will be able to offer tailored heart rate training, even sending out audio coaching to any Bluetooth headphones that are connected to the device.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.