Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $89.00 short put and a strike $84.00 long put offers a potential 10.38% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $89.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $84.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Procter & Gamble 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 Procter & Gamble 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 Procter & Gamble
Tigress Financial Remains On The Sidelines Following Colgate-Palmolive, Procter & Gamble Earnings
Mon, 10 Nov 2014 19:15:47 GMT
Unilever And Gillette Fight For Fantasy Football Ad Space
Mon, 10 Nov 2014 15:20:00 GMT
Nestle Pits Insiders in Competition to Become Next CEO
Mon, 10 Nov 2014 08:36:30 GMT
[$$] Detergent Packets Called a Poison Risk
Mon, 10 Nov 2014 06:37:47 GMT
The Wall Street Journal – Laundry detergent capsules like the ones popularized by Procter & Gamble’s Tide Pods pose serious poisoning risks to young children, according to a new medical study.
Argentina Adds GE, Ambev to Probe
Fri, 07 Nov 2014 19:46:00 GMT
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