Baxter's most recent trend suggests a bullish bias. One trading opportunity on Baxter is a Bull Put Spread using a strike $73.00 short put and a strike $68.00 long put offers a potential 8.7% 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 $73.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $68.00 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 68.67 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
Video Release — Preclinical Research Differentiating the Activity of Merrimack's MM-398, Nanoliposomal Irinotecan (nal-IRI), Published in Cancer Research
Thu, 04 Dec 2014 13:00:00 GMT
GlobeNewswire – CAMBRIDGE, Mass. — Merrimack Pharmaceuticals, Inc. announced today that Cancer Research has published the paper “Preclinical Activity of Nanoliposomal Irinotecan is Governed by Tumor Deposition and …
Baxter Files BLA for BAX 855 in Hemophilia A Treatment
Tue, 02 Dec 2014 16:40:02 GMT
Baxter Submits Application for U.S. FDA Approval of BAX 855, Extended Half-Life Recombinant FVIII Based on ADVATE for Hemophilia A
Mon, 01 Dec 2014 14:00:00 GMT
Business Wire – Baxter International Inc. today announced that the company has submitted a biologics license application to the United States Food and Drug Administration fo
Mylan (MYL) Sued By Baxter for Generic Filing of Brevibloc
Fri, 28 Nov 2014 20:30:02 GMT
Finding a Margin of Safety in a Fully Valued Market
Fri, 21 Nov 2014 12:00:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook