Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $34.00 short put and a strike $29.00 long put offers a potential 4.17% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $34.00 by expiration. The full premium credit of $0.20 would be kept by the premium seller. The risk of $4.80 would be incurred if the stock dropped below the $29.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Carnival 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 Carnival is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Carnival
Carnival Cruise Lines Selects the Widen Media Collective for Video Asset Management
Wed, 30 Oct 2013 14:03:00 GMT
Marketwired – Carnival Cruise Lines, the world's largest cruise line, has selected the Widen Media Collective to oversee its video asset management efforts. The cruise operator will use the new digital asset management …
Holland America Line's ms Noordam To Sail Central And Western Mediterranean Cruises In 2014
Mon, 28 Oct 2013 18:51:00 GMT
PR Newswire – SEATTLE, Oct. 28, 2013 /PRNewswire/ — Holland America Line's ms Noordam will now sail cruises with central and western Mediterranean itineraries in spring and summer 2014. The new itineraries will allow …
Shoe Carnival falls as analyst lowers rating
Mon, 28 Oct 2013 18:21:24 GMT
Shoe Carnival falls as analyst lowers rating
Mon, 28 Oct 2013 18:21:24 GMT
AP – Shares of Shoe Carnival declined Monday as an analyst lowered the company's rating as athletic footwear sales weaken and customers got squeezed by the partial government shutdown. THE SPARK: Sam Poser …
New Princess Cruises Ship Receives Royal Welcome to Ft. Lauderdale
Mon, 28 Oct 2013 12:30:00 GMT
PR Newswire – SANTA CLARITA, Calif., Oct. 28, 2013 /PRNewswire/ — Royal Princess arrived at Port Everglades in Ft. Lauderdale today, marking her North American debut and launching her inaugural season of Caribbean …
Related Posts
Also on Market Tamer…
Follow Us on Facebook