Electronic Arts (EA) Offering Possible 10.5% Return Over the Next 27 Calendar Days

This article was originally published on this site

Electronic Arts’s most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 10.5% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $9.05 would be incurred if the stock dropped below the $115.00 long put 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 up which suggests that the medium-term momentum for Electronic Arts is bullish.

The RSI indicator is at 79.54 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

How Electronic Arts Is Staying in the Game
Thu, 17 May 2018 22:17:30 +0000
The video game maker had a solid fiscal Q4, and shares are up 25% in the past year.

Take-Two Interactive Proves Again That It’s Not Like Other Publishers
Thu, 17 May 2018 15:36:57 +0000
As of this writing, TTWO stock is up 3%! I have to say, it’s impressive to watch a stock undershoot analysts’ earnings, revenue and guidance expectations for the year fall one minute and rally the next. Its Grand Theft Auto Mobile title saw some big numbers, as did its NBA 2K18 and WWE 2K18. Another may be that in the fourth quarter of this year, its much-anticipated launch of Red Dead Redemption 2 — as well as new NBA and WWE games — hits the market.

The Fundamentals Say Walt Disney Co Stock Will Rise in Time
Thu, 17 May 2018 05:25:38 +0000
The math on Walt Disney Co (NYSE:DIS) is pretty simple. Right now, ESPN gets $9.06 each month from every cable and satellite subscriber, whether those people watch ESPN or not. The new “ESPN+” streaming package is priced at $4.99 per month, and not everyone is a sports fan.

Electronic Arts Inc. Stock Might Have a Drop More Upside
Tue, 15 May 2018 16:07:41 +0000
Earlier this week, Electronic Arts Inc. (NASDAQ:EA) reported its fiscal fourth-quarter earnings results. Analysts are applauding the quarter, raising price targets left and right since the report. The highest price target, from Wedbush Securities, sits all the way up at $158, implying almost 20% upside from current levels.

Why Does Electronic Arts Think “Fortnite” Is Good for Its Business?
Mon, 14 May 2018 21:18:00 +0000
That superpopular new game is a Tencent product, but EA had its own good news, too.

Be Sociable, Share!

Related Posts