Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $49.50 short put and a strike $44.50 long put offers a potential 5.93% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $44.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Verizon 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 Verizon is bullish.
The RSI indicator is at 70.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
Lumia 830 review: bringing the Icon down to the mid-range
Sun, 02 Nov 2014 18:00:00 GMT
VERIZON COMMUNICATIONS INC Financials
Sat, 01 Nov 2014 17:04:14 GMT
Verizon, AT&T Are At It Again With More Data For Less Money
Sat, 01 Nov 2014 14:39:00 GMT
Forbes – AT&T and Verizon didn't wait long to come up with another promotion offering more data for less money. This time, though, they didn't match one another bit for bit. AT&T targeted a lower price point while Verizon continued to focus up the curve. What does all this mean for you?
Verizon, AT&T Cut Mobile Prices While Boosting Data Plans
Sat, 01 Nov 2014 04:01:00 GMT
Bloomberg – Verizon Communications Inc. (VZ) and AT&T Inc. (T), firing back at Sprint Corp.'s discount data offer, have introduced another round of price cuts on shared wireless plans as carriers continue to fight …
AT&T and Verizon are upping bandwidth on select data plans
Sat, 01 Nov 2014 03:10:00 GMT
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