Vertex Pharma's most recent trend suggests a bullish bias. One trading opportunity on Vertex Pharma is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 12.36% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $113.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $108.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Vertex Pharma 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 Vertex Pharma is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Vertex Pharma
Vertex to Announce First Quarter 2017 Financial Results on April 27
Wed, 12 Apr 2017 20:01:00 +0000
Vertex Pharmaceuticals Incorporated will report its first quarter 2017 financial results on Thursday, April 27, 2017 after the financial markets close. The company will host a conference call and webcast at 4:30 p.m.
Protalix Cystic Fibrosis Drug Study Results Worsen Over Time
Wed, 12 Apr 2017 13:20:00 +0000
The Protalix medicine alidornase alfa is designed to help cystic fibrosis patients clear their lungs by making mucus thin and loose.
3 Best Performing Stocks in March
Mon, 10 Apr 2017 16:42:00 +0000
Find out why Micron Technology, FMC Corporation, and Vertex Pharmaceuticals were the best-performing stocks from the S&P 500 last month.
What's Next for Corbus Pharmaceuticals After Its Controversial Cystic Fibrosis Results?
Sat, 08 Apr 2017 15:41:00 +0000
What's next for Corbus after its controversial cystic fibrosis study results?
The Zacks Analyst Blog Highlights: Esperion Therapeutics, Vertex Pharmaceuticals, Nektar Therapeutics, Argos Therapeutics and Cidara Therapeutics
Fri, 07 Apr 2017 13:30:01 +0000
The Zacks Analyst Blog Highlights: Esperion Therapeutics, Vertex Pharmaceuticals, Nektar Therapeutics, Argos Therapeutics and Cidara Therapeutics
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