Colgate's most recent trend suggests a bullish bias. One trading opportunity on Colgate is a Bull Put Spread using a strike $69.00 short put and a strike $64.00 long put offers a potential 9.17% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $69.00 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $64.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Colgate 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 Colgate is bullish.
The RSI indicator is at 53.96 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 Colgate
Colgate Declares Regular Quarterly Dividends
Thu, 08 Jan 2015 18:28:12 GMT
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Colgate Declares Regular Quarterly Dividends
Thu, 08 Jan 2015 17:30:00 GMT
Business Wire – The Board of Directors of Colgate-Palmolive Company today declared quarterly cash dividends of $0.36 per common share, payable on February 16, 2015, to shareholders of record on January 23, 2015.
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