United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 6.16% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Parcel 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 United Parcel is bullish.
The RSI indicator is at 69.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
UPS Hails Landmark Drug Distribution Safety and Licensing Legislation
Mon, 18 Nov 2013 21:18:00 GMT
Business Wire – UPS applauds Congress for passing legislation to enhance the safety of the nation’s healthcare supply chain and drug distribution network. The bill, which President Obama is expect
July 2014 Options Now Available For United Parcel Service (UPS)
Mon, 18 Nov 2013 17:48:00 GMT
Forbes – Investors in United Parcel Service Inc (NYSE: UPS) saw new options become available today, for the July 2014 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 243 days until expiration the newly available contracts […]
The market's weekly winners and losers
Fri, 15 Nov 2013 21:53:22 GMT
CNBC – Not even $3 billion could convince Snapchat's founders to go work for Facebook's Mark Zuckerberg, but it was a better week for Amazon and Apple.
Can package delivery save the Postal Service?
Fri, 15 Nov 2013 14:36:00 GMT
CNNMoney.com – The U.S. Postal Service is aggressively chasing the package delivery business. Just this week it announced a deal to deliver packages on Sundays for Amazon in New York and Los Angeles for the holiday season. …
Postal Service Cuts Loss While Saying It Still Needs Help
Fri, 15 Nov 2013 14:17:35 GMT
Bloomberg – The U.S. Postal Service said it cut its annual loss by more than two-thirds and increased revenue for the first time since 2008, while standing by warnings that it needs help from Congress to survive.
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