Sandisk's most recent trend suggests a bullish bias. One trading opportunity on Sandisk is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 25% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Sandisk 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 Sandisk is bullish.
The RSI indicator is at 75.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Sandisk
This stock-chart level keeps tripping up the tech-heavy Nasdaq
Wed, 14 Oct 2015 11:11:53 GMT
SanDisk: diminishing returns
Wed, 14 Oct 2015 10:33:00 GMT
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U.S. stock futures little changed as investors await earnings, retail sales
Wed, 14 Oct 2015 09:56:11 GMT
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Wed, 14 Oct 2015 09:00:00 GMT
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Wed, 14 Oct 2015 03:14:00 GMT
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