Sandisk's most recent trend suggests a bullish bias. One trading opportunity on Sandisk is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 7.07% return on risk over the next 10 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 $0.33 would be kept by the premium seller. The risk of $4.67 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 Sandisk 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 Sandisk is bullish.
The RSI indicator is at 50.24 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 Sandisk
SanDisk Announces World’s Fastest SD Card
Wed, 12 Feb 2014 15:41:19 GMT
noodls – SanDisk Extreme PRO® SDHC™/SDXC™ UHS-II Memory Card Provides the Fastest Memory Card Shot Speed and the Highest Video Performance Available MILPITAS, Calif.–(BUSINESS WIRE)–Feb. 12, 2014– SanDisk Corporation …
SanDisk Announces World’s Fastest SD Card
Wed, 12 Feb 2014 14:00:00 GMT
Business Wire – SanDisk Corporation , a global leader in flash storage solutions, today announced the SanDisk Extreme PRO® SDHC™/SDXC™ UHS-II card. It is the world’s fastest SD™ memory card, and is based on the latest high performance SD specification.
SanDisk's latest flagship SD card supports extremely fast write speeds, 4K video
Wed, 12 Feb 2014 14:00:00 GMT
SanDisk Announces Its First Dual USB Drive Designed to Transfer and Backup Content Between Mobile Devices and Computers
Tue, 11 Feb 2014 15:00:00 GMT
Business Wire – SanDisk Corporation , a global leader in flash storage solutions, today announced the SanDisk Ultra® Dual USB Drive, a USB flash drive featuring both a micro-USB and a USB 2.0 connector in a sleek and sturdy form factor.
SanDisk Announces Premium, High-Performance USB 3.0 Flash Drive
Tue, 11 Feb 2014 15:00:00 GMT
Business Wire – SanDisk Corporation , a global leader in flash storage solutions, today announced the SanDisk Extreme PRO® USB 3.0 flash drive, featuring professional-grade performan
Related Posts
Also on Market Tamer…
Follow Us on Facebook