Allergan's most recent trend suggests a bullish bias. One trading opportunity on Allergan is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 14.94% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Allergan 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 Allergan is bullish.
The RSI indicator is at 46.19 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 Allergan
ALLERGAN INC Financials
Sat, 09 Nov 2013 18:04:21 GMT
November is Bladder Health Awareness Month – What's Your Bladder IQ?
Wed, 06 Nov 2013 17:32:04 GMT
noodls – Ongoing Conversations with a Doctor to Better Understand Bladder Function Can Impact Treatment Decisions about Common Bladder Health Issues IRVINE, Calif., November 5, 2013 – How frequently – or infrequently …
ALLERGAN INC Files SEC form 10-Q, Quarterly Report
Tue, 05 Nov 2013 21:28:31 GMT
Does the Maker of Botox Need to Tighten Up Its Outlook?
Thu, 31 Oct 2013 16:38:31 GMT
Allergan weakness creates buying opportunity, says Argus
Thu, 31 Oct 2013 13:34:56 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook