Allergan's most recent trend suggests a bullish bias. One trading opportunity on Allergan is a Bull Put Spread using a strike $192.50 short put and a strike $187.50 long put offers a potential 7.53% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $192.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $187.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Allergan 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 Allergan is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Allergan
Valeant, Allergan Scuffle for Doctors
Thu, 13 Nov 2014 05:42:47 GMT
The Wall Street Journal – Valeant, in its fight for Botox maker Allergan, is investing cash and time wooing the doctors it would need on its side after a takeover.
Allergan is in merger talks with Irish pharmaceutical firm Actavis
Thu, 13 Nov 2014 05:20:00 GMT
FDA Approves New Styles of Allergan’s NATRELLE® 410 Highly Cohesive Anatomically Shaped Silicone-Filled Breast Implants
Wed, 12 Nov 2014 21:50:00 GMT
Business Wire – Allergan, Inc. today announced that the company has received approval from the U.S. Food and Drug Administration to market two new styles, X and L, of the Natrell
Billionaire Bill Ackman's Valeant Trade Keeps Expanding With Zoetis
Wed, 12 Nov 2014 21:46:00 GMT
Activists Pershing Square and Starboard Go After Zoetis, Yahoo!
Wed, 12 Nov 2014 18:38:00 GMT
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