Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $82.50 short put and a strike $75.00 long put offers a potential 12.78% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $6.65 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere 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 Deere is bullish.
The RSI indicator is at 25.03 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 Deere
FMHR portfolio: Sells Deere, buys CME Group
Mon, 12 Jan 2015 17:27:00 GMT
UPDATE: Credit Suisse Raises Price Target On Deere & Company Following Management Meetings
Thu, 08 Jan 2015 14:34:43 GMT
Josh Brown's technical stock picks
Wed, 07 Jan 2015 17:18:00 GMT
Mike Johanns elected to Deere & Company Board of Directors
Wed, 07 Jan 2015 14:30:00 GMT
PR Newswire – MOLINE, Ill., Jan. 7, 2015 /PRNewswire/ — Deere & Company (DE) announced today that former U.S. Senator Michael O. Johanns has been elected to its board of directors effective January 8, 2015. Johanns recently completed his term in the Senate after deciding not to run for re-election. He has also previously served as the U.S. Secretary of Agriculture and as governor of Nebraska. “Mike's wide range of expertise in the areas of agriculture, banking, commerce, foreign trade, law and governance will be valuable assets for the Deere & Company Board of Directors,” said Samuel R. Allen, Deere's chairman and chief executive officer.
Mike Johanns elected to Deere & Company Board of Directors
Wed, 07 Jan 2015 14:30:00 GMT
CNW Group – Mike Johanns elected to Deere & Company Board of Directors
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