American Tower's most recent trend suggests a bullish bias. One trading opportunity on American Tower is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 13.64% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $157.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for American Tower 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 Tower is bullish.
The RSI indicator is at 55.55 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 Tower
Do Hedge Funds Love American Tower Corporation (AMT)?
Sat, 08 Dec 2018 13:42:03 +0000
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Third Point because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
American Tower Corporation Declares Quarterly Distribution
Thu, 06 Dec 2018 13:00:00 +0000
American Tower Corporation announced that, on December 4, 2018, its board of directors declared its quarterly cash distribution of $0.84 per share on shares of the Company’s common stock.
How Much Did American Tower Corporation (REIT)’s (NYSE:AMT) CEO Pocket Last Year?
Wed, 05 Dec 2018 14:58:36 +0000
Jim Taiclet became the CEO of American Tower Corporation (REIT) (NYSE:AMT) in 2003. First, this article will compare CEO compensation with compensation at other large companies. After that, we will
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Wed, 05 Dec 2018 13:08:00 +0000
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