Bank of New York's most recent trend suggests a bullish bias. One trading opportunity on Bank of New York is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 5.93% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $35.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Bank of New York 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 Bank of New York is bullish.
The RSI indicator is at 67.4 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 Bank of New York
Bank of New York Mellon Cedes Board Seat to Trian Fund
Wed, 03 Dec 2014 14:39:00 GMT
BNY Mellon to Present at the 2014 Goldman Sachs U.S. Financial Services Conference on December 10
Wed, 03 Dec 2014 13:28:38 GMT
noodls – Dec 3, 2014 NEW YORK , Dec. 3, 2014 /PRNewswire/ — Thomas P. Gibbons, vice chairman and chief financial officer of BNY Mellon, and Curtis Arledge , vice chairman and chief executive officer of BNY Mellon …
BNY Mellon to Present at the 2014 Goldman Sachs U.S. Financial Services Conference on December 10
Wed, 03 Dec 2014 13:15:00 GMT
PR Newswire – NEW YORK, Dec. 3, 2014 /PRNewswire/ — Thomas P. Gibbons, vice chairman and chief financial officer of BNY Mellon, and Curtis Arledge, vice chairman and chief executive officer of BNY Mellon Investment …
Funded Status of U.S. Corporate Pensions Rises to 89.9 Percent, According to BNY Mellon ISSG
Wed, 03 Dec 2014 12:12:17 GMT
noodls – Corporate Plans, Public Plans, Foundations and Endowments All Beat Targets in November Dec 3, 2014 NEW YORK , Dec. 3, 2014 /PRNewswire/ — The funded status of the typical U.S. corporate pension plan increased …
Funded Status of U.S. Corporate Pensions Rises to 89.9 Percent, According to BNY Mellon ISSG
Wed, 03 Dec 2014 12:03:00 GMT
PR Newswire – Public defined benefit plans, endowments and foundations beat their targets in November on the strength of rising asset values, ISSG said. For the typical corporate plan in November, assets increased 1.5 percent, outpacing the 1.1 percent increase in liabilities, according to the BNY Mellon Institutional Scorecard. ISSG attributed the higher assets for U.S. corporate and public plans in November to the improvement in U.S. large cap and international developed market equities, while endowments and foundations benefited from the performance of private equity and real estate investment trusts. “The rebound in funded status in November reversed the damage done in October,” said Andrew D. Wozniak, head of fiduciary solutions, ISSG.
Related Posts
Also on Market Tamer…
Follow Us on Facebook