Simon Property's most recent trend suggests a bullish bias. One trading opportunity on Simon Property is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 13.77% 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 $130.00 by expiration. The full premium credit of $1.21 would be kept by the premium seller. The risk of $8.79 would be incurred if the stock dropped below the $120.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Simon Property 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 Simon Property is bullish.
The RSI indicator is at 68.95 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 Simon Property
Simon Property Group To Redeem $1.65 Billion Of Senior Notes
Tue, 10 Aug 2021 12:35:00 +0000
Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the “Operating Partnership”), will redeem:
Simon Property Group Sells $1.25 Billion Of Senior Notes
Mon, 09 Aug 2021 23:36:00 +0000
Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the “Operating Partnership”), has agreed to sell:
Ein’s Kastle Systems Is in Talks to Go Public Through Simon SPAC
Mon, 09 Aug 2021 23:28:24 +0000
(Bloomberg) — Security services provider Kastle Systems is in talks to go public through a special purpose acquisition company started by Simon Property Group Inc., according to a person with knowledge of the matter.Kastle, backed by veteran SPAC investor Mark Ein’s Venturehouse Group, is discussing a business combination with Simon Property Group Acquisition Holdings Inc., the person said, asking not to be identified discussing private information. A deal hasn’t been reached and the terms coul
10 Real Estate Stocks that Pay Monthly Dividends
Mon, 09 Aug 2021 15:53:46 +0000
In this article, we will be taking a look at 10 real estate stocks that pay monthly dividends. To skip our detailed analysis on the real estate industry, you can go directly to see the 5 Real Estate Stocks that Pay Monthly Dividends. Real estate and real estate investment trusts (REITs) are among the few stocks […]
Papa John’s and 10 Other Companies That Raised Their Dividends This Week
Mon, 09 Aug 2021 12:40:00 +0000
Simon Property Group, KLA, and Papa John’s International were among the many U.S. companies that announced dividend increases this week.
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