Aetna's most recent trend suggests a bullish bias. One trading opportunity on Aetna is a Bull Put Spread using a strike $75.00 short put and a strike $65.00 long put offers a potential 8.23% 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 $75.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $9.24 would be incurred if the stock dropped below the $65.00 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 35.77 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
WellCare To Appoint Andrew Asher As Senior Vice President; Appointment As Chief Financial Officer Expected In November
Thu, 14 Aug 2014 20:03:02 GMT
Thomson Reuters ONE – TAMPA, Fla. (Aug. 14, 2014) – WellCare Health Plans, Inc. (NYSE: WCG) announced today that Andrew (Drew) Asher will join the company as senior vice president, effective on August 29. The company anticipates …
3 Health Services Stocks Dragging The Industry Down
Mon, 11 Aug 2014 17:04:00 GMT
ObamaCare Enrollment Is Shrinking, Top Insurers Say
Mon, 11 Aug 2014 12:02:00 GMT
ObamaCare Enrollment Falling Significantly, Insurers Reveal
Mon, 11 Aug 2014 12:02:00 GMT
Aetna and UnitedHealth
Thu, 07 Aug 2014 23:06:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook