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 13.12% return on risk over the next 19 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 $0.58 would be kept by the premium seller. The risk of $4.42 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 70.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Express
Don't Buy This Turnaround Just Yet
Tue, 31 Dec 2013 00:02:14 GMT
Motley Fool – VeriFone is once again promising exciting times going forward, but investors should wait for concrete signs before rushing in.
American Express Travel: Where to Getaway in 2014
Mon, 30 Dec 2013 21:56:05 GMT
noodls – American Express Travel recently surveyed a panel of experts – nearly 200 of its Travel Counselors – on top destinations and travel trends they are seeing from their customers for 2014. According to the …
American Express Travel: Where to Getaway in 2014
Mon, 30 Dec 2013 20:49:00 GMT
Business Wire – American Express Travel recently surveyed a panel of experts – nearly 200 of its Travel Counselors – on top destinations and travel trends they are seeing from their customers for 2014.
23 Reasons Why You Should Buy When Everyone Else Is Selling
Mon, 30 Dec 2013 19:05:59 GMT
Motley Fool – Did you panic in 2008? Selling all your stock at the height of the subprime crash would have been a terrible mistake. These 23 Dow stocks will show you why.
The Mileage Resets as the Perks Fade
Mon, 30 Dec 2013 18:11:11 GMT
New York Times – For some business travelers, the new year means renewed efforts to maintain their elite statuses on various frequent-flier programs.
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