Activision (ATVI) Offering Possible 7.3% Return Over the Next 6 Calendar Days

Activision's most recent trend suggests a bullish bias. One trading opportunity on Activision is a Bull Put Spread using a strike $70.50 short put and a strike $65.50 long put offers a potential 7.3% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.50 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $65.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Activision 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 Activision is bullish.

The RSI indicator is at 46.53 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Activision

Everyone is Waiting for the PlayStation 5 and the New Xbox, but We Still Don’t Know How Much They’ll Cost
Fri, 12 Jun 2020 09:30:00 +0000
Sony released new details about the upcoming PlayStation 5 on Thursday. But the company still hasn’t said how much it will cost or when it will be released.

Sony Showcases Its PlayStation 5 Today. Here Are 3 Things to Observe.
Thu, 11 Jun 2020 17:16:00 +0000
The company will stream a videotaped showcase of what games will look like on its system, which is expected to ship during this year’s holiday season.

Dawn Ostroff Joins Activision Blizzard’s Board of Directors
Thu, 11 Jun 2020 17:00:00 +0000
Activision Blizzard, Inc. (NASDAQ: ATVI) today announced the appointment of Dawn Ostroff to its Board of Directors. Ms. Ostroff will join the Board as an independent director, effective immediately.

Zacks Market Edge Highlights: Activision Blizzard, Dollar General, JPMorgan Chase, Korn Ferry and Darden
Thu, 11 Jun 2020 13:36:01 +0000
Zacks Market Edge Highlights: Activision Blizzard, Dollar General, JPMorgan Chase, Korn Ferry and Darden

Tencent Believes Investing in Anime and Manga Will Boost Its Global Growth
Wed, 10 Jun 2020 17:48:00 +0000
China's video game and social media powerhouse is looking to fresh intellectual property from Japan to star in its next wave of games.

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