Aetna's most recent trend suggests a bearish bias. One trading opportunity on Aetna is a Bear Call Spread using a strike $70.00 short call and a strike $80.00 long call offers a potential 11.86% 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 $70.00 by expiration. The full premium credit of $1.06 would be kept by the premium seller. The risk of $8.94 would be incurred if the stock rose above the $80.00 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 below 20 which suggests that the stock is in oversold territory.
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
As ObamaCare Brings Patients, Doctors Not Warm To Medicaid
Sat, 01 Feb 2014 15:40:00 GMT
More bumps ahead as market awaits big report
Sat, 01 Feb 2014 00:03:41 GMT
Aetna Helps Members Affected by Winter Storm in Southern States
Thu, 30 Jan 2014 21:10:18 GMT
Aetna Helps Members Affected by Winter Storm in Southern States
Thu, 30 Jan 2014 19:49:00 GMT
Squawking Henny Youngman, supermodels, selloff
Thu, 30 Jan 2014 16:46:13 GMT
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