Automatic Data (ADP) Offering Possible 6.38% Return Over the Next 21 Calendar Days

Automatic Data's most recent trend suggests a bullish bias. One trading opportunity on Automatic Data is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 6.38% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $95.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Automatic Data 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 Automatic Data is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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 Automatic Data

The Benchmarking Bench Gets Even Deeper: Expanded Insights Help Companies Fine Tune Their Workforce Strategy and Operations
Thu, 22 Dec 2016 14:07:12 GMT
noodls – ROSELAND, NJ — (Marketwired) — 12/22/16 — You need to make a competitive offer to a job candidate in New York City while figuring out why overtime rates are rising in the Chicago office. In the past, …

The Benchmarking Bench Gets Even Deeper: Expanded Insights Help Companies Fine Tune Their Workforce Strategy and Operations
Thu, 22 Dec 2016 14:00:00 GMT
Marketwired – You need to make a competitive offer to a job candidate in New York City while figuring out why overtime rates are rising in the Chicago office. In the past, you'd have to rely on out-of-date survey data …

5 firms hiring more than 100 Orlando workers
Wed, 21 Dec 2016 17:25:06 GMT
American City Business Journals – Carley Corp., Leidos, Verizon and more are hiring more than 100 workers in the Orlando area, including engineers in IT, cybersecurity and software development, systems analyst and technical writers. The U.S. Bureau of Labor Statistics shows engineering jobs in the Orlando area earn an average annual salary of $73,380. Computer-related jobs, such as software development, earn an average annual salary of $75,090.

Cramer Remix: Two pure plays on potential job growth unde…
Wed, 21 Dec 2016 00:00:00 GMT

Coverage initiated on Automatic Data by Barclays
Tue, 20 Dec 2016 16:45:38 GMT

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