Aetna's most recent trend suggests a bearish bias. One trading opportunity on Aetna is a Bear Call Spread using a strike $127.00 short call and a strike $132.00 long call offers a potential 26.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $127.00 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock rose above the $132.00 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 22.52 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 Aetna
3 Top Health Insurance Stocks to Buy in 2017
Wed, 29 Mar 2017 20:44:00 GMT
Why you can't ignore healthy people in the health insurance debate
Wed, 29 Mar 2017 20:21:57 GMT
Dr. Pearl: If delivery system not fixed, health care will…
Mon, 27 Mar 2017 20:43:00 GMT
Why Exact Sciences is Soaring
Mon, 27 Mar 2017 15:53:00 GMT
Obamacare Is Here To Stay For A Long Time, And That's Good News For Big Insurers
Sun, 26 Mar 2017 16:38:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook