Newell Rubbermaid (NWL) Offering Possible 8.7% Return Over the Next 34 Calendar Days

Newell Rubbermaid's most recent trend suggests a bullish bias. One trading opportunity on Newell Rubbermaid is a Bull Put Spread using a strike $21.00 short put and a strike $16.00 long put offers a potential 8.7% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $21.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $16.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Newell Rubbermaid 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 Newell Rubbermaid is bullish.

The RSI indicator is at 51.28 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 Newell Rubbermaid

Newell Brands Announces the Launch of the Newell Creative Kitchen
Wed, 13 Apr 2022 12:03:00 +0000
Today, Newell Brands Inc. (NASDAQ: NWL) announced the launch of the Newell Creative Kitchen, the company's first multi-purpose, brick-and-mortar kitchen space located in Hoboken, New Jersey. The versatile space caters to virtual and in-person events and serves as a hub for content creation and kitchen inspiration, connecting people with the latest food and kitchen trends. Newell Creative Kitchen provides an avenue to showcase the latest innovations from Newell Brands' family of leading home and

Newell Brands to Webcast First Quarter 2022 Earnings Results
Wed, 13 Apr 2022 11:30:00 +0000
ATLANTA, April 13, 2022–Newell Brands Inc. (NASDAQ: NWL) today announced its first quarter 2022 earnings results will be released Friday, April 29, 2022 prior to market open and will be followed by a live webcast at 9:30 A.M. ET. To listen to the webcast, please select Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com. The live webcast will be recorded and made available for replay.

Is There An Opportunity With Newell Brands Inc.'s (NASDAQ:NWL) 49% Undervaluation?
Fri, 08 Apr 2022 17:50:17 +0000
Does the April share price for Newell Brands Inc. ( NASDAQ:NWL ) reflect what it's really worth? Today, we will…

Tilray Brands, Inc. (TLRY) Q3 Earnings Surpass Estimates
Wed, 06 Apr 2022 12:25:12 +0000
Tilray Brands, Inc. (TLRY) delivered earnings and revenue surprises of 150% and 4.31%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

The WoodWick® Candle Brand Launches New Innovative Fragrance Diffuser, Unlike Anything in the Market
Tue, 05 Apr 2022 13:17:00 +0000
Premium candle company the WoodWick® Candle Brand announces the launch of the WoodWick® Radiance diffuser – a battery-operated diffuser designed to reflect the brand's iconic hourglass silhouette and provide consumers with an easy to change refill process that doesn't require water. When powered on and paired with a favorite WoodWick® brand candles scent, Radiance seamlessly elevates a space, emitting a captivating glow and fragrance throw that adds a unique feature to the ambiance in any room.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.