Aetna's most recent trend suggests a bearish bias. One trading opportunity on Aetna is a Bear Call Spread using a strike $145.00 short call and a strike $155.00 long call offers a potential 6.95% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $145.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock rose above the $155.00 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 66.31 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
Analysts’ Recommendations for WellCare Health Plans in May 2017
Wed, 17 May 2017 11:37:59 +0000
On April 28, 2017, WellCare Health Plans (WCG) completed the acquisition of Universal American Corp. This deal added 119,000 Medicare Advantage members from several major markets
Carly Fiorina: ‘Pre-Existing Conditions Have to Be Covered' in Health Care Reform
Mon, 15 May 2017 14:39:00 +0000
Pre-Existing conditions must be covered in health care reform, according to Carly Fiorina, a former 2016 GOP Presidential candidate.
150-Year-Old Aetna Pitches Itself As A Growth Company
Mon, 15 May 2017 13:30:11 +0000
Few investors consider a 150-year-old company as one that has a pathway toward growth, but there are always exceptions to every rule. Barclays' Joshua Raskin maintains an Overweight rating on the 150-year …
Post Earnings Coverage as Aetna's Adjusted EPS Jumped 17%
Mon, 15 May 2017 12:15:00 +0000
Upcoming AWS Coverage on Magellan Health Post-Earnings Results LONDON, UK / ACCESSWIRE / May 15, 2017 / Active Wall St. announces its post-earnings coverage on Aetna Inc. (NYSE: AET ). The Company released …
Anthem gives up Cigna bid, vows to fight on over damages
Fri, 12 May 2017 23:15:41 +0000
INDIANAPOLIS (AP) — Anthem has ended its soured, $48 billion bid to buy rival Cigna, but the nation's second-largest health insurer isn't giving up a fight over whether Cigna deserves a termination fee for the scrapped deal.
Related Posts
Also on Market Tamer…
Follow Us on Facebook