Alcoa's most recent trend suggests a bullish bias. One trading opportunity on Alcoa is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 5.26% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Alcoa 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 up which suggests that the medium-term momentum for Alcoa is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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 Alcoa
Why Alcoa Corporation Stock Rocketed 30% Higher in December
Thu, 04 Jan 2018 16:45:00 +0000
Aluminum maker Alcoa had a great month at the end of 2017, here's what drove the massive stock price advance
What to Expect From Alcoa Corp. in 2018
Sat, 30 Dec 2017 16:36:00 +0000
The aluminum leader crushed it in 2017. Did that set the stage for a tremendous 2018 campaign?
The Industrials Revolution: Feinseth's Picks for 2018
Thu, 28 Dec 2017 16:45:39 +0000
Dec.28 — Ivan Feinseth, Tigress Financial Partners CIO, discusses his top picks for the industrials sector in 2018. He speaks on "Bloomberg Markets: The Open."
How Financially Strong Is Alcoa Corporation (NYSE:AA)?
Wed, 27 Dec 2017 20:35:15 +0000
Mid-caps stocks, like Alcoa Corporation (NYSE:AA) with a market capitalization of $9.32B, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks.Read More…
Alcoa Schedules Fourth Quarter and Full-Year 2017 Earnings Release and Conference Call
Wed, 27 Dec 2017 13:45:00 +0000
Alcoa Corporation plans to announce its fourth quarter and full-year 2017 financial results on Wednesday, January 17, 2018 after the close of trading on the New York Stock Exchange.
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