Electronic Arts (EA) Offering Possible 30.89% Return Over the Next 9 Calendar Days

Electronic Arts's most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $133.00 short put and a strike $128.00 long put offers a potential 30.89% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $133.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $3.82 would be incurred if the stock dropped below the $128.00 long put strike price.

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

The RSI indicator is at 78.14 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 Electronic Arts

4 Reasons Electronic Arts' "Star Wars: Squadrons” Could Be a Big Deal
Fri, 03 Jul 2020 13:38:00 +0000
There could be a lot of pent-up demand for this fresh take on the classic "Star Wars" flight combat games from the 1990s.

Were Hedge Funds Right About Piling Into Electronic Arts Inc. (EA)?
Thu, 02 Jul 2020 21:27:36 +0000
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. We are almost done with the second quarter. Investors decided […]

Fandom Announces Muthead Madden Pro-Am Tournament Presented By America's Navy
Thu, 02 Jul 2020 14:04:20 +0000
Global media and entertainment platform Fandom has announced a Muthead Madden Pro-Am Tournament presented by America's Navy. This is the second esports event in the company's partnership.Fandom will broadcast the live event on the company's Muthead channel on Amazon's (NASDAQ: AMZN) Twitch platform on July 10. Team captains will draft their teams during Muthead's Friday Night Football Twitch broadcast on July 3.The two teams–Team Goats and Team Glory–will each have five players. The two will have a team captain from the America's Navy esports Goats and Glory team, as well as two professional players of Electronic Arts' (NASDAQ: EA) "Madden NFL," and two NFL athletes. The winning team will split a $10,000 prize pool."We are thrilled to partner with America's Navy for our second Pro-Am Tournament," said Sean Kiely, Head of Gaming and Esports Sales at Fandom. "Based on our format, winning this event will take strong teamwork. As high trained decision-makers and communicators, our two Navy players from the Goats & Glory team are the ideal captains to lead the Madden professionals and celebrities in an exciting game."America's Navy Chief Recruiting Officer, Captain Matt Boren, added, "Our Sailors look forward to leading their teams in the upcoming Fandom Muthead Madden Pro-Am Tournament. This is a great opportunity to showcase how the dynamic skills required to be a successful Sailor relate to being a strong competitive gamer."The list of competitors and casters include: Team Captains (US Navy) * CTN2 Riley Bufford * Chief Brian SmithPro Madden Players * Boogz – Reggie Brown * DCroft – Daniel Mycroft * Joke – Raidel Brito * Cleff – Dwayne WoodNFL Athletes * Anthony Harris – Safety – Minnesota Vikings * Marquise "Hollywood" Brown – WR – Baltimore Ravens * Denzel Ward – CB – Cleveland Browns * Derwin James – Safety – Los Angeles ChargersCasters * Nick Mizesko * OneGreatUser – Brian ArmstrongSee more from Benzinga * 100 Thieves 'Gamers For Equality' Kicks Off With 'League of Legends' Tournament * Mixer's Closure Delivered Large Payouts For Ninja And Shroud, But Where Will They Go? * TwitchCon San Diego Canceled Due to Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Buy EA Stock as it Advances to a New Level
Thu, 02 Jul 2020 11:54:18 +0000
Video game companies like Electronic Arts (NYSE:EA) and Activision (NASDAQ:ATVI) are flourishing in the post-novel coronavirus world. The Street is embracing this bullish narrative by rewarding ATVI and EA stock with robust year-to-date gains that are accelerating as I type.Source: 360b / Shutterstock.com Far from hurting their business models, the twin trends of social distancing and staying at home have helped. Shut-in consumers have taken to gaming in an effort to stave off boredom. And, those who already play now have a lot more time to conquer dungeons, off baddies, and otherwise level up.In today's commentary, we're focusing on Electronic Arts, but Activision shares follow a similar flight path due to their strong positive correlation.InvestorPlace – Stock Market News, Stock Advice & Trading Tips EA Stock Chart Signals More Gains AheadWe begin, as always, with the bigger picture. Like a history book, the weekly chart reveals the twists and turns of Electronic Arts for as far back as you want to look. For our purposes, the last five years will suffice. It shows the 2018 record high as well as multiple bottoms carved out during bear markets and nasty corrections.Source: The thinkorswim® platform from TD Ameritrade Up until mid-2018, EA stock found itself in the middle of a secular trend, driving the video game industry to new heights. Mass adoption generated lofty growth projections, increased sales, and a booming share price. Unfortunately, in the back half of 2018, the company's performance didn't live up to expectations and EA quickly lost 50% of its value. * 7 Utilities Stocks to Buy With Reassuring DividendsBut the share price of growing companies can't be depressed forever. After the halving, EA stock spent a year in base-building mode before finally rising anew. The ascent has accelerated after Covid-19 came to town with really aggressive momentum coming in over the past month. With Monday's 2.5% gain, the stock is now at a 52-week high and within striking distance of its 2018 record of $151.26.All major weekly moving averages are rising and there's been no signs of distribution since mid-March. No matter how you spin it, buyers are in complete control here.The daily chart adds additional color and detail to the big picture. A series of higher pivot highs and higher pivot lows kicked off in April and has continued through today. The 20-, 50- and 200-day moving averages are all loyally rising below the price, in full support of buyers. In the past week, we've seen a sideways base form, full of doji and other narrow-bodied candles suggesting a stalemate between bulls and bears.Source: The thinkorswim® platform from TD Ameritrade The tie was broken Monday with bulls finally gaining control and jamming EA stock through resistance. Volume is also expanding on the session and confirms institutional accumulation is aiding the breakout attempt. Even if a pullback develops over the coming days, it's impossible not be a buyer on dips. This particular tactic is racking up quite the track record over the past three months. Options AnalysisTo narrow down the overwhelming number of options strategies available, let's use the implied volatility indicator. It reveals whether options are cheap or expensive, and thus, whether it's more attractive to be a buyer or seller. At 23%, the implied volatility rank sits in the lower quartile of its range, suggesting premiums are low. You can still sell options, mind you, but the payday isn't all that large.As such, I'd suggest a long premium play via calls or call spreads.The Trade: Buy the Sep $135/$140 bull call spread for around $2.30.It's a relatively cheap trade structure that offers a balanced risk-reward. The initial cost of $2.30 is the max loss and will be forfeited if EA sits below $135 at expiration. If the stock rises above $140 by mid-September, then you will capture the max gain of $2.70.For a free trial to the best trading community on the planet and Tyler's current home, click here! As of this writing, Tyler held neutral options positions in EA. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Buy EA Stock as it Advances to a New Level appeared first on InvestorPlace.

Can Electronic Arts (EA) Keep the Earnings Surprise Streak Alive?
Wed, 01 Jul 2020 16:10:04 +0000
Electronic Arts (EA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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