Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $48.50 short put and a strike $43.50 long put offers a potential 5.71% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.50 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $43.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Verizon 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 Verizon 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 Verizon
Charter Stock Looks Attractive as Softbank Prepares to Make a Move
Tue, 08 Aug 2017 20:04:00 +0000
Macquarie raises its price target for the cable giant.
Verizon Ventures And R/GA Announce Eight Startups Selected For The Verizon Media Tech Venture Studio
Tue, 08 Aug 2017 19:18:00 +0000
NEW YORK, Aug. 8, 2017 /PRNewswire/ — Today, Verizon Ventures, in partnership with R/GA, announces the eight companies chosen for their Media Tech Venture Studio. Beginning today, the companies selected for the program will have the opportunity to work closely with Verizon Ventures and Verizon's digital media businesses on product and technology projects, as well as R/GA's award-winning strategic marketing, consulting, branding, design, and technology teams. In addition, participants will be able to leverage Verizon's and R/GA's networks of investors, mentors, and global brand leaders from Fortune 100 consumer, enterprise, and technology companies.
AT&T Inc. (T) Stock Could Go the Comcast Way After Its Merger
Tue, 08 Aug 2017 18:36:40 +0000
AT&T will run just as Comcast, keeping its hands off Time Warner’s entertainment and cable properties as Comcast stays away from NBC Universal. John Stankey will run Time Warner for AT&T much as Steve Burke runs NBC Universal for Comcast.
Verizon Communications, Inc. :VZ-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
Tue, 08 Aug 2017 15:14:19 +0000
Categories: Yahoo FinanceGet free summary analysis Verizon Communications, Inc. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Verizon Communications, Inc. – AT&T Inc., T-Mobile US, Inc., Shenandoah Telecommunications Company, Telephone and Data Systems, Inc., Spok Holdings, Inc., United States Cellular Corporation, CenturyLink, Inc. and Apple … Read more
(Read more…)
How Is Verizon Progressing on the 5G Front?
Tue, 08 Aug 2017 14:38:06 +0000
Verizon (VZ) is currently working on its 5G initiatives with Ericsson (ERIC), Samsung (SSNLF), Cisco (CSCO), Intel (INTC), and Nokia (NOK).
Related Posts
Also on Market Tamer…
Follow Us on Facebook