Fluor's most recent trend suggests a bullish bias. One trading opportunity on Fluor is a Bull Put Spread using a strike $61.50 short put and a strike $56.00 long put offers a potential 14.58% 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 $61.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.80 would be incurred if the stock dropped below the $56.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Fluor 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 Fluor is bullish.
The RSI indicator is at 44.3 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 Fluor
Fluor Corporation Signs MOU with CNNC for Nuclear Projects
Fri, 05 Dec 2014 18:20:02 GMT
Fluor Signs Memorandum of Understanding with China National Nuclear Corporation
Thu, 04 Dec 2014 22:54:08 GMT
noodls – IRVING, Texas & BEIJING–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) signed a memorandum of understanding (MOU) with China National Nuclear Corporation (CNNC) to cooperate on nuclear and renewable energy …
Fluor Signs Memorandum of Understanding with China National Nuclear Corporation
Thu, 04 Dec 2014 22:47:00 GMT
Business Wire – IRVING, Texas & BEIJING–(BUSINESSWIRE)– Fluor Corporation (NYSE: FLR) signed a memorandum of understanding (MOU) with China National Nuclear Corporation (CNNC) to cooperate on nuclear and renewable energy …
Fluor Signs Memorandum of Understanding with China National Nuclear Corporation
Thu, 04 Dec 2014 22:47:00 GMT
Business Wire – Fluor Corporation signed a memorandum of understanding with China National Nuclear Corporation to cooperate on nuclear and renewable energy opportunities in Europe and China.
Mexico Energy Reform: $50 Billion Opportunity For U.S. Engineering Cos.
Thu, 04 Dec 2014 15:01:00 GMT
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