Aetna's most recent trend suggests a bullish bias. One trading opportunity on Aetna is a Bull Put Spread using a strike $73.50 short put and a strike $68.50 long put offers a potential 6.16% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $73.50 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 $68.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Aetna 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 Aetna is bullish.
The RSI indicator is at 75.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Aetna
Managed Care Stocks Show Strength, Aided By ObamaCare
Thu, 08 May 2014 21:49:00 GMT
Obamacare Hater, Lover Harmonize on “Clinical Nuance”
Thu, 08 May 2014 12:53:00 GMT
Aetna Announces Appearance at the Bank of America Merrill Lynch Health Care Conference
Wed, 07 May 2014 19:40:00 GMT
Business Wire – Aetna announced today that Shawn M. Guertin, executive vice president and CFO, is scheduled to make a presentation at the Bank of America Merrill Lynch Health Care Conf
Obamacare Boosts Humana's Medicaid, Commercial Plans
Wed, 07 May 2014 14:20:00 GMT
Forbes – Humana (HUM), one of the biggest players in offering health insurance under the Affordable Care Act, expects higher than expected enrollment this year from individuals signing up via exchanges and from expanded Medicaid coverage for the poor under the law. In announcing the insurer’s first quarter earnings, Humana president and chief […]
Insurers Say Most Obamacare Customers Paid First Premiums
Tue, 06 May 2014 23:02:32 GMT
Bloomberg – Three large health insurers including WellPoint Inc. (WLP) and Aetna Inc. (AET) say that a high percentage of their new Obamacare customers are paying their first premiums, undermining a Republican criticism of enrollment in the program. As many as 90 percent of WellPoint customers have paid their first premium by its due date, according to testimony the company prepared for a congressional hearing tomorrow. Health Care Service Corp., which operates Blue Cross Blue Shield plans in five states including Texas, said that number is at least 83 percent. Making the first monthly payment is the last step to confirm enrollment in plans sold under the Patient Protection and Affordable Care Act, and Republicans have made the question of how many paid a line of attack on the law.
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