Comcast's most recent trend suggests a bullish bias. One trading opportunity on Comcast is a Bull Put Spread using a strike $46.00 short put and a strike $41.00 long put offers a potential 11.36% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $46.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $41.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Comcast 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 Comcast is bullish.
The RSI indicator is at 70.4 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 Comcast
Blood and Screams, Before the Show Starts
Fri, 18 Oct 2013 00:35:27 GMT
New York Times – A shift toward the frightening in pop culture has contributed to the popularity of terror-centered marketing in the weeks before Halloween.
Final Glance: Media companies
Thu, 17 Oct 2013 22:04:41 GMT
Final Glance: Media companies
Thu, 17 Oct 2013 22:04:41 GMT
AP – Shares of some top media companies were mixed at the close of trading: Comcast Corp. rose $.49 or 1.0 percent, to $47.47. Walt Disney Co. rose $.07 or .1 percent, to $66.42. Gannett rose $.06 or .2 percent, …
3 Media Stocks in Focus: Comcast Ends Joint Venture, TWC Brings Back Ovation, DISH’s Bidding Woes
Thu, 17 Oct 2013 21:19:09 GMT
Wall St. Cheat Sheet – Here are the top media headlines circulating now.
Hulu names Fox exec Hopkins as CEO
Thu, 17 Oct 2013 21:06:53 GMT
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