Merck's most recent trend suggests a bullish bias. One trading opportunity on Merck is a Bull Put Spread using a strike $56.50 short put and a strike $51.50 long put offers a potential 19.05% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $51.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Merck 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 Merck is bullish.
The RSI indicator is at 44.81 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 Merck
Video: Bristol-Myers Lung-Cancer Drug Boosts Survival
Thu, 30 Oct 2014 15:31:00 GMT
Merck Researcher Pohl Inducted into the Hall of Fame of German Research
Tue, 28 Oct 2014 20:04:14 GMT
noodls – Press release Your Contact News Release Gangolf Schrimpf +49 6151 72-9591 October 28, 2014 Merck Researcher Pohl Inducted into the Hall of Fame of German Research • Distinction underscores innovative strength …
Merck (MRK) Stock Continues to Fall After Third-Quarter Earnings Report
Tue, 28 Oct 2014 19:26:00 GMT
French Drugmaker Sanofi Warns Of Tougher Competition
Tue, 28 Oct 2014 18:42:00 GMT
Video: Facebook, Gilead Post Earnings After The Close
Tue, 28 Oct 2014 18:00:00 GMT
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