Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 9.89% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $35.00 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 at 73.52 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 Carnival
Cruise lines lure new generation with extreme sports, adventure
Thu, 16 Jan 2014 23:36:21 GMT
Reuters – Cruise ships are hosting everything from Broadway shows to skydiving, as companies focus on luring in millennials seeking thrilling and immersive experiences, industry experts said on Thursday. Incidents …
Carnival Corporation & plc Declares Dividend
Thu, 16 Jan 2014 18:07:20 GMT
noodls – MIAMI, Jan. 16, 2014 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced that it has declared a dividend of $0.25 per share. The company's board of directors approved a …
P&O Cruises unveils longest-ever Union Jack on new ship
Thu, 16 Jan 2014 18:00:02 GMT
Notification of Major Interest in Shares
Thu, 16 Jan 2014 16:08:58 GMT
noodls – TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Carnival PLC 2 Reason for the notification (please …
Carnival Corporation & plc Declares Dividend
Thu, 16 Jan 2014 15:48:00 GMT
PR Newswire – MIAMI, Jan. 16, 2014 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced that it has declared a dividend of $0.25 per share. The company's board of directors approved a …
Related Posts
Also on Market Tamer…
Follow Us on Facebook