Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $74.00 short put and a strike $69.00 long put offers a potential 7.07% 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 $74.00 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 $69.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nike 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 Nike is bullish.
The RSI indicator is at 63.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Nike Declares $0.24 Quarterly Dividend
Thu, 13 Feb 2014 21:52:35 GMT
noodls – NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on the company's outstanding Class A and Class B Common Stock payable on April …
NIKE Declares $0.24 Quarterly Dividend
Thu, 13 Feb 2014 21:25:00 GMT
Business Wire – NIKE, Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on the company’s outstanding Class A and Class B Common
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