American Express's most recent trend suggests a bullish bias. One trading opportunity on American Express is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 10.62% return on risk over the next 30 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 $0.48 would be kept by the premium seller. The risk of $4.52 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 American Express 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 American Express is bullish.
The RSI indicator is at 51.57 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 American Express
Fed Says 29 of 30 U.S. Banks Meet, Exceed Capital Targets in Stress Test
Thu, 20 Mar 2014 22:17:15 GMT
American Express Invites Business Travelers to Relax and Connect with Additional Benefits for Corporate Platinum Card® and Corporate Gold Card Members
Thu, 20 Mar 2014 22:09:42 GMT
noodls – American Express Global Corporate Payments is committed to helping businesses do more business – both in and out of the office. In its efforts to help frequent and seasoned travelers make the most of their …
American Express Expands Benefits for Platinum Card® Members
Thu, 20 Mar 2014 15:22:00 GMT
Business Wire – American Express today announced it will expand its travel benefits aimed at enhancing the airport experience for Consumer, Business and Corporate Platinum Card Members. These benefits include complimentary, unlimited access to Wi-Fi hotspots provided by Boingo Wireless, a global market leader in Wi-Fi, as well as an application fee statement credit option for the TSA Pre✓™ program.
American Express Invites Business Travelers to Relax and Connect with Additional Benefits for Corporate Platinum Card® and Corporate Gold Card Members
Thu, 20 Mar 2014 15:15:00 GMT
Business Wire – American Express Global Corporate Payments is committed to helping businesses do more business – both in and out of the office. In its efforts to help frequent and seasoned travelers make the most of their time on the road, the company today announced new solutions supported by mobile capabilities and designed to help Corporate Gold Card and Corporate Platinum Card Members in the U.S.
2 Hot Consumer Loan Stocks as Americans Borrow More
Wed, 19 Mar 2014 20:24:45 GMT
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