Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 6.38% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Analog Devices 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 Analog Devices is bullish.
The RSI indicator is at 77.46 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 Analog Devices
5 Rocket Stocks to Buy in June
Mon, 01 Jun 2015 11:00:00 GMT
Factbox: Notable U.S. semiconductor M&A deals since December 2013
Thu, 28 May 2015 22:38:22 GMT
Why A Shift To Smartcars Is A Long-Term Tailwind For Chip Makers
Thu, 28 May 2015 19:39:58 GMT
Wall Street Is Expecting More Big Mergers in the Chip Space Soon
Thu, 28 May 2015 19:14:00 GMT
TheStreet – Intel, AMD and Texas Instruments are among the chip companies Wall Street and tech analysts expect to see involved in mergers and acquisition deals in the coming months.
3 Best Semiconductor Stocks to Buy Now
Thu, 28 May 2015 14:36:00 GMT
TheStreet – With Avago Technologies announcing it will acquire Broadcom Corp. in a $37 billion deal, we decided to look at other potential investments in the semiconductor industry.
Also on Market Tamer…
Follow Us on Facebook