Amyris Inc. stock trades under the ticker AMRS & closed at $15.56/share on 7/23/2021.
Amyris stock has recently shown technical strength, completing a Bullish MACD crossover on Friday.
AMRS looks primed to continue climbing in the near & long term timeframes.
AMRS Stock Price: $15.56
10 Day Moving-Average: $14.56
50 Day Moving-Average: $14.97
200 Day Moving-Average: $11.29
RSI: 53
AMRS looks primed with momentum up until it begins to test the $17/share range for investors & traders with long-term timeframes.
I’m looking at their August 20th expiration options with the $16 strike price, with the calls (Delta of 0.4986) being almost at-the-money & the puts being slightly in-the-money (Delta of -0.5006).
August 20th has much more open interest than any of the other near-term options (less the $16 7/30 exp. calls), so there is more likelihood of being able to sell them easily.
With an RSI at 53, AMRS stock seems fairly priced from a technical perspective & has more room to run.
This will be supported also in part by the 10 Day Moving-Average crossing the 50 Day MA in the near future (3% difference), as the current stock price’s trend will carry it through.
All-in-all, AMRS stock & options look to provide great opportunities in the near & long-term to traders & investors.
*** I DO NOT OWN SHARES OF AMRS STOCK ***