Aetna's most recent trend suggests a bullish bias. One trading opportunity on Aetna is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 26.26% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $113.00 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $108.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Aetna 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 Aetna is bullish.
The RSI indicator is at 70.72 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 Aetna
Business Highlights
Thu, 28 Apr 2016 21:42:57 GMT
Aetna CEO wants these changes to Obamacare before he supports it
Thu, 28 Apr 2016 21:33:01 GMT
Edited Transcript of AET earnings conference call or presentation 28-Apr-16 12:30pm GMT
Thu, 28 Apr 2016 20:59:37 GMT
Aetna CEO: Tight connection between cost of drugs and pre…
Thu, 28 Apr 2016 19:42:00 GMT
Aetna tops Street 1Q forecasts, hikes 2016 forecast
Thu, 28 Apr 2016 18:14:25 GMT
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