Electronic Arts (EA) Offering Possible 23.76% Return Over the Next 7 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 $98.00 short put and a strike $93.00 long put offers a potential 23.76% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $98.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $93.00 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 67.81 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

EA SPORTS FIFA 20 Soundtracks Feature Brand New Song ‘Que Calor’ by Major Lazer With J.Balvin and El Alfa
Wed, 11 Sep 2019 14:00:00 +0000
Today, Electronic Arts Inc., (EA) unveiled the official EA SPORTS™ FIFA 20 soundtrack that includes new music from Major Lazer, which is featured in the all-new VOLTA FOOTBALL* mode inspired by the culture of street football from around the globe. The music of FIFA 20 brings together both emerging and globally-acclaimed artists to create a diverse tracklist featuring Grammy-award winner Diplo’s global dance music trio Major Lazer, rising star Anderson .Paak, world renowned electronic music duo Disclosure and one of dance music’s pioneering forces Don Diablo.

EA SPORTS Madden NFL 20 Welcomes the Most Players Ever Recorded for NFL Kickoff Weekend
Tue, 10 Sep 2019 21:58:00 +0000
Superstar KO – Offering Fans a Fun and Fast Way to Play Madden NFL 20 – and Free Trial Engage 24% More Players Year-Over-Year

Electronic Arts (EA) Gains As Market Dips: What You Should Know
Mon, 09 Sep 2019 21:50:09 +0000
Electronic Arts (EA) closed the most recent trading day at $98.68, moving +0.15% from the previous trading session.

Is Electronic Arts Inc. (NASDAQ:EA) Potentially Undervalued?
Fri, 06 Sep 2019 10:24:08 +0000
Let’s talk about the popular Electronic Arts Inc. (NASDAQ:EA). The company’s shares saw a double-digit share price…

Still fighting the good fight: Local veterans’ champion Rogue Gallart’s legacy lives on
Thu, 05 Sep 2019 21:11:00 +0000
He died just about a month short of his 50th birthday. But his organization continues to work to make a difference.

Be Sociable, Share!

Related Posts