Baxter's most recent trend suggests a bullish bias. One trading opportunity on Baxter is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 14.68% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baxter 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 Baxter is bullish.
The RSI indicator is at 73.22 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 Baxter
Will Baxter International (BAX) Surprise this Earnings?
Wed, 16 Jul 2014 13:30:04 GMT
Tax Reform, Not Tax Inversions, Will Rescue The U.S. Pharma, Bio, And Medical-Device Industries
Tue, 15 Jul 2014 12:17:00 GMT
Baxter International Hits a Record High
Mon, 14 Jul 2014 21:03:24 GMT
Here's What You Need to Know About Baxter International and St. Jude Medical's Upcoming Earnings
Mon, 14 Jul 2014 21:02:33 GMT
New Lifetime High For Baxter International (BAX)
Fri, 11 Jul 2014 13:46:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook