Allergan's most recent trend suggests a bullish bias. One trading opportunity on Allergan is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 7.14% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $7.00 would be incurred if the stock dropped below the $97.50 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 79.74 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
[$$] Smoothing Out the Wrinkles
Sat, 28 Dec 2013 05:01:00 GMT
Barrons.com – Many companies made America, but Allergan remade it, from wrinkle-free foreheads on down. A leader in medical devices and specialty pharmaceuticals—Botox is its biggest brand—the Irvine, Calif.-based company …
This Weekend's Barron's: Home Prices Have Room to Rise ~ Air France-KLM Spreads Its Wings ~ Coke Should Regain Its Fizz ~ Market Quiz for 2014 ~ Spotlight on Allergan's CEO David Pyott
Sat, 28 Dec 2013 05:01:00 GMT
Barrons.com – Betting on the House U.S. home prices are climbing again, but at more measured rates than during the last boom. Why the housing cycle still has room to run. Plus, Barron's market-by-market assessment of …
Why Allergan Gained This Morning
Tue, 24 Dec 2013 16:24:02 GMT
Allergan upgraded to Outperform from Market Perform at Wells Fargo
Tue, 24 Dec 2013 10:16:34 GMT
3 Companies Revolutionizing the Cosmetics Industry
Sat, 21 Dec 2013 19:35:57 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook