Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $121.00 short put and a strike $116.00 long put offers a potential 16.55% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $121.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $116.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere 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 Deere is bullish.
The RSI indicator is at 77.75 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 Deere
6 Reasons to Add Deere (DE) Stock to Your Portfolio Now
Mon, 29 May 2017 15:36:03 +0000
Deere (DE) is poised to gain from positive estimate revisions and upbeat outlook.
Big movers in the Blitz
Fri, 26 May 2017 17:20:00 +0000
Six key stocks hitting new highs.
BMO: Commodity Prices Now Less Important for Deere
Fri, 26 May 2017 15:21:00 +0000
The firm asserted that Deere has worked to diminish its earnings volatility while continuing to invest back into its business.
Deere: It's Not Just About Crop Prices Anymore
Fri, 26 May 2017 14:48:00 +0000
Deere (DE) makes farm equipment, so should it be any surprise that its stock price tends to fluctuate with the prices of commodities like corn? In fact, a bleak outlook for farm products has often been …
Edited Transcript of DE earnings conference call or presentation 19-May-17 2:00pm GMT
Thu, 25 May 2017 19:05:44 +0000
Q2 2017 Deere & Co Earnings Call
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