WellPoint Offering Possible 13.64% Return Over the Next 15 Calendar Days

WellPoint's most recent trend suggests a bearish bias. One trading opportunity on WellPoint is a Bear Call Spread using a strike $92.50 short call and a strike $97.50 long call offers a potential 13.64% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $92.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock rose above the $97.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for WellPoint is bearish and the probability of a decline 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 WellPoint 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 WellPoint

Doctor, Nurse Vacancies Soar Amid Obamacare Rollout
Sun, 08 Dec 2013 14:01:00 GMT
Forbes – Doctor and nurse vacancies are approaching nearly 20 percent at hospitals as these facilities prepare to be inundated by millions of patients who have the ability to pay for medical care thanks to the Affordable Care Act. A survey by health care provider staffing firm AMN Healthcare shows the vacancy rate […]

‘Marriage Penalty' in Obamacare Could Make You “Significiantly Worse Off”: AEI's Hassett
Fri, 06 Dec 2013 18:59:26 GMT
The Daily Ticker – http://d.yimg.com/hd/yahoofinance/lotus/1386355375199_437_21yWTupiaRbf1_1_0.jpg?s=5f61211b9da072c79a5f41fbc6a4621f&c=0fcb15436a125f9c69d6e3cd8f9cdd51&a=yahoofinance&mr=0

ObamaCare Raises Health Insurance Premiums, Especially For The Young
Thu, 05 Dec 2013 16:44:00 GMT
Forbes – The Affordable Care Act has dramatically increased the cost of buying a health insurance plan on the individual market in California, Texas, Florida, New York, Illinois, Georgia, and North Carolina, states that account for more than half of America's uninsured adults, according to a study by Sector & Sovereign, a

Obamacare Tops October Sign-Ups in First 2 December Days
Wed, 04 Dec 2013 23:04:14 GMT

Health Exchange Insurer Bug Fixed as 1 Million Try Site
Tue, 03 Dec 2013 21:07:51 GMT

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