Expedia's most recent trend suggests a bullish bias. One trading opportunity on Expedia is a Bull Put Spread using a strike $127.00 short put and a strike $122.00 long put offers a potential 63.4% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $127.00 by expiration. The full premium credit of $1.94 would be kept by the premium seller. The risk of $3.06 would be incurred if the stock dropped below the $122.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Expedia 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 Expedia is bullish.
The RSI indicator is at 63.27 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 Expedia
The Airbnb IPO: Should You Buy ABNB?
Wed, 09 Dec 2020 15:44:00 +0000
Airbnb's offering is on the horizon. Here's what you need to know, including the Airbnb IPO date, bullish drivers for ABNB shares, and potential hurdles.
The Consumer Could Explode in 2021. Here Are the Stocks to Buy.
Wed, 09 Dec 2020 14:23:00 +0000
The consumer-discretionary sector, which includes pandemic winners such as e-commerce companies and fast-food chains, also includes reopening plays such as cruise lines and bricks-and-mortar retailers.
Is EXPE A Good Stock To Buy Now?
Tue, 08 Dec 2020 17:54:00 +0000
Is Expedia Group Inc (NASDAQ:EXPE) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]
Airbnb Dramatically Raises IPO Price Range
Mon, 07 Dec 2020 22:45:00 +0000
The monster end-of-year 2020 initial public offering (IPO) is poised to grow even bigger. On Monday, top DIY accommodation service operator Airbnb revealed in a new regulatory filing that it has raised its IPO price significantly, lifting it to a range of $56 to $60 per share. All told, Airbnb intends to sell 50 million shares in the offering, which could raise gross proceeds of $3 billion at the upper end of the latest range.
Airbnb IPO Price Raised, With A Potential Valuation Near $42 Billion
Mon, 07 Dec 2020 21:22:18 +0000
Airbnb boosted the offering price of its initial public offering and now looks to raise about $3.1 billion, or 20% more than originally planned. It will trade Thursday under the ticker ABNB.
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