St Jude's most recent trend suggests a bearish bias. One trading opportunity on St Jude is a Bear Call Spread using a strike $80.00 short call and a strike $90.00 long call offers a potential 6.38% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock rose above the $90.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for St Jude 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 down which suggests that the medium-term momentum for St Jude is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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 St Jude
St. Jude Medical (STJ) Launches Trial for Amulet Occluder
Fri, 02 Sep 2016 13:54:01 GMT
[$$] Gifts for Muddy Waters – the shouty short selling activist
Fri, 02 Sep 2016 08:28:33 GMT
Financial Times – There are people begging in front of Muddy Waters' office building. This is San Francisco. But the handouts keep going to the hedge fund manager inside. Carson Block, who founded Muddy Waters in 2010 and …
US high-grade bond market braces for September surge
Thu, 01 Sep 2016 15:50:25 GMT
Reuters – UK Focus – By Hillary Flynn NEW YORK, Sept 1 – The US high-grade bond market is gearing up for one of its busiest Septembers ever, with bankers expecting up to US$130bn in new issuance once primary activity re-starts …
St. Jude Medical Launches Global Clinical Trial to Evaluate a New Therapy Option for Patients at an Increased Risk of Stroke Due to Atrial Fibrillation
Thu, 01 Sep 2016 13:03:08 GMT
noodls – http://www.businesswire.com/news/home/20160901005735/en/ The AMPLATZER(TM) Amulet(TM) Left Atrial Appendage Occluder (Photo: St. Jude Medical). … This is an abstract of the original noodl. To continue …
St. Jude Medical Launches Global Clinical Trial to Evaluate a New Therapy Option for Patients at an Increased Risk of Stroke Due to Atrial Fibrillation
Thu, 01 Sep 2016 13:00:00 GMT
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