Baxter's most recent trend suggests a bullish bias. One trading opportunity on Baxter is a Bull Put Spread using a strike $76.00 short put and a strike $71.00 long put offers a potential 8.46% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $76.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $71.00 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 69.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
New Lifetime High For Baxter International (BAX)
Fri, 11 Jul 2014 13:46:00 GMT
Attractive stocks: BHI, CVX & more
Thu, 10 Jul 2014 18:07:00 GMT
Baxter International Acquires Orphan Drug Producer
Thu, 10 Jul 2014 16:20:10 GMT
Baxter Appoints John Orloff, M.D., Vice President of BioScience R&D
Thu, 10 Jul 2014 15:11:02 GMT
noodls – DEERFIELD, Ill.–(BUSINESS WIRE)–Jul. 10, 2014– Baxter International Inc. (NYSE:BAX) today announced the appointment of John Orloff, M.D., as vice president and global head of research and development …
Baxter Appoints John Orloff, M.D., Vice President of BioScience R&D
Thu, 10 Jul 2014 13:00:00 GMT
Business Wire – Baxter International Inc. today announced the appointment of John Orloff, M.D., as vice president and global head of research and development for Baxter BioScience, effective immediately.
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