Simon Property's most recent trend suggests a bullish bias. One trading opportunity on Simon Property is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 6.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Simon Property is bearish and the probability of a decline 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 Simon Property is bullish.
The RSI indicator is at 61.49 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 Simon Property
Sears Holdings Corp (SHLD) Stock Is Garbage, But Should You Short?
Mon, 19 Jun 2017 15:49:32 +0000
In 1975, it was “Where America Shops.” Today, Sears Holdings Corp (NASDAQ:SHLD) is barely surviving. You know things aren’t going well when a large company’s quarterly highlights include receiving an award for energy efficiency. Such is the current state of affairs at Sears. Combined same-store sales fell 11.9% across the namesake store base and Kmart.
Simon Centers Surpass $1 Million Fundraising Goal In Support Of Susan G. Komen®
Fri, 16 Jun 2017 10:55:00 +0000
INDIANAPOLIS, June 16, 2017 /PRNewswire/ — Simon, a global leader in premier shopping, dining and entertainment destinations, has surpassed its $1 million fundraising goal for 2017 in support of Susan G. Komen and the fight against breast cancer. More than 180 Simon Malls, The Mills and Premium Outlets nationwide have participated in a range of activities from October 2016 through October 2017 to raise funds.
Morgan Stanley Bank of America Merrill Lynch Trust 2012-C5 — Moody's Affirms Fifteen Classes of MSBAM 2012-C5
Thu, 15 Jun 2017 19:21:06 +0000
Rating Action: Moody's Affirms Fifteen Classes of MSBAM 2012- C5. Global Credit Research- 15 Jun 2017. Approximately $1 Billion of Structured Securities Affected.
Southdale Enhancements Continue As Construction Begins on Homewood Suites by Hilton
Thu, 15 Jun 2017 18:00:00 +0000
Homewood Suites by Hilton – a four-story, 146-room, all-suites hotel – is expected to open early fall 2018. Part of the continued evolution of the shopping, dining, entertainment and residential destination, the hotel will be located at the northeast corner of the Southdale parking lot and will include meeting space, a fitness room, an indoor swimming pool, a lobby bar, a patio with a fire pit, and an outdoor cooking area. Edina Mayor James Hovland was at the groundbreaking ceremony this morning.
Simon Opens Genting Highlands Premium Outlets – Second Premium Outlet Center® In Malaysia
Thu, 15 Jun 2017 16:40:00 +0000
GENTING HIGHLANDS, Malaysia , June 15, 2017 /PRNewswire/ — Genting Simon, a joint venture between Genting Plantations Berhad and Simon Property Group, Inc. (NYSE: SPG), a global leader in premier shopping, …
Related Posts
Also on Market Tamer…
Follow Us on Facebook