Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $91.00 short put and a strike $86.00 long put offers a potential 5.71% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $91.00 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 $86.00 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 at 71.56 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 Procter & Gamble
American Financial joins in on $30M investment in Cincinnati health firm
Tue, 23 Dec 2014 15:45:10 GMT
Multinational firm in Mexico tax-avoidance probe to pay up
Tue, 23 Dec 2014 01:40:08 GMT
Reuters – Mexico's tax collection agency on Monday said it reached a deal with a multinational company at the center of a tax-avoidance investigation. The unnamed company will pay a sum equivalent to about 55 percent …
CNBC 25: Growth in Africa
Mon, 22 Dec 2014 21:51:00 GMT
[$$] P&G to Sell Camay and Zest to Unilever
Mon, 22 Dec 2014 21:00:02 GMT
P&G to sell soap brands Camay and Zest to Unilever
Mon, 22 Dec 2014 19:23:05 GMT
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