Electronic Arts (EA) Offering Possible 58.23% Return Over the Next 20 Calendar Days

Electronic Arts's most recent trend suggests a bearish bias. One trading opportunity on Electronic Arts is a Bear Call Spread using a strike $93.00 short call and a strike $98.00 long call offers a potential 58.23% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $93.00 by expiration. The full premium credit of $1.84 would be kept by the premium seller. The risk of $3.16 would be incurred if the stock rose above the $98.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Electronic Arts is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Electronic Arts is bearish.

The RSI indicator is at 47.89 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

A Big Year for ‘Star Wars’ Fans Could Help Electronic Arts’ Next Jedi Game
Thu, 30 May 2019 15:56:00 +0000
In May, EA management said Star Wars Jedi: Fallen Order, scheduled for a November release, could sell 6 million to 8 million units. Here’s What Wall Street Is Saying. “Genre-similar God of War recently surpassed 10 million units on PlayStation alone, giving us confidence Fallen Order can outperform provided reviews are good,” Quadrani wrote.

Top Ranked Growth Stocks to Buy for May 30th
Thu, 30 May 2019 15:05:03 +0000
Top Ranked Growth Stocks to Buy for May 30th

Is the Current Dip the Perfect Opportunity to Buy Activision Blizzard (ATVI)?
Wed, 29 May 2019 19:21:07 +0000
Activision Blizzard (ATVI) stock rose over 2.7% Tuesday after Goldman Sachs (GS) upgraded it from "neutral" to a "buy" and added the company to its "Conviction Buy" list.

EA Reveals Its EA PLAY 2019 Livestream Lineup Giving Fans More of What They Want – the Games
Wed, 29 May 2019 16:00:00 +0000
Hosted by Some of the Most Popular Personalities in the Videogame Industry it All Starts at 9:15AM PT on Saturday, June 8

6 Signs Take-Two Interactive Stock Is Undervalued
Tue, 28 May 2019 21:30:00 +0000
There are many clues that the stock's price doesn't reflect the company's long-term growth potential.

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