American Express (AXP) Offering Possible 44.09% Return Over the Next 22 Calendar Days

American Express's most recent trend suggests a bullish bias. One trading opportunity on American Express is a Bull Put Spread using a strike $131.00 short put and a strike $126.00 long put offers a potential 44.09% 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 $131.00 by expiration. The full premium credit of $1.53 would be kept by the premium seller. The risk of $3.47 would be incurred if the stock dropped below the $126.00 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 71.28 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

US Indexes Lower Monday
Tue, 28 Jan 2020 16:07:35 +0000
S&P; 500 down -1.89% Continue reading…

Intel, JPMorgan Chase share gains contribute to Dow's 231-point climb
Tue, 28 Jan 2020 15:45:00 +0000
DOW UPDATE The Dow Jones Industrial Average is climbing Tuesday morning with shares of Intel and JPMorgan Chase leading the way for the blue-chip average. The Dow (DJIA) was most recently trading 231 points higher (0.

Edited Transcript of AXP earnings conference call or presentation 24-Jan-20 1:30pm GMT
Tue, 28 Jan 2020 00:46:26 +0000
Q4 2019 American Express Co Earnings Call

5 US and Asian Health Care Companies With Good Financial Strength
Mon, 27 Jan 2020 22:00:04 +0000
Stocks to consider as China coronavirus outbreak pressures markets Continue reading…

Intel, Caterpillar share losses contribute to Dow's 417-point fall
Mon, 27 Jan 2020 19:52:00 +0000
DOW UPDATE Shares of Intel and Caterpillar are seeing declines Monday afternoon, leading the Dow Jones Industrial Average selloff. The Dow (DJIA) was most recently trading 417 points lower (-1.4%), as shares of Intel (INTC) and Caterpillar (CAT) are contributing to the index's intraday decline.

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