Aetna's most recent trend suggests a bearish bias. One trading opportunity on Aetna is a Bear Call Spread using a strike $79.00 short call and a strike $84.00 long call offers a potential 17.37% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $79.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock rose above the $84.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Aetna 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 Aetna is bearish.
The RSI indicator is at 40.68 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 Aetna
Aetna CEO Says Health Costs to Track Slow Economy
Tue, 28 Oct 2014 20:34:01 GMT
Aetna (AET) Earnings Report: Q3 2014 Conference Call Transcript
Tue, 28 Oct 2014 19:18:00 GMT
Aetna CEO on Obamacare evolution
Tue, 28 Oct 2014 19:10:00 GMT
Aetna (AET) Stock Lower Today After Third Quarter Earnings Results
Tue, 28 Oct 2014 18:46:00 GMT
Video: Aetna Falls On Costs; Centene Up On Medicaid
Tue, 28 Oct 2014 16:38:00 GMT
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