BB&T's most recent trend suggests a bullish bias. One trading opportunity on BB&T is a Bull Put Spread using a strike $50.00 short put and a strike $40.00 long put offers a potential 11.86% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $1.06 would be kept by the premium seller. The risk of $8.94 would be incurred if the stock dropped below the $40.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for BB&T is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for BB&T is bearish.
The RSI indicator is at 51.36 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 BB&T
BB&T CEO: Optimism at an all time high, as is our pipelin…
Thu, 19 Apr 2018 19:18:00 +0000
BB&T CEO Kelly King talks about the banking industry and his company's earnings beat.
BB&T (BBT) Q1 Earnings Beat on Lower Expenses, Revenues Up
Thu, 19 Apr 2018 12:42:12 +0000
BB&T's (BBT) Q1 earnings reflect lower operating expenses and modest revenue growth.
Stocks making the biggest moves premarket: PG, BX, BBT, BK, FOXA, LUV, QCOM & more
Thu, 19 Apr 2018 11:55:00 +0000
Procter & Gamble PG – Procter & Gamble earned an adjusted $1 per share for its third quarter , 2 cents a share above estimates. BB&T BBT – The regional bank reported adjusted quarterly profit of 97 cents per share, beating Street forecasts by 5 cents a share. Bank of New York Mellon BK – The bank came in well above forecasts, with quarterly profit of $1.10 per share.
BB&T's (BBT) Q1 Earnings & Revenues Beat Expectations
Thu, 19 Apr 2018 11:00:11 +0000
Slight rise in revenues supports BB&T's (BBT) Q1 earnings.
BB&T Corporation to Host Earnings Call
Thu, 19 Apr 2018 10:00:00 +0000
NEW YORK, NY / ACCESSWIRE / April 19, 2018 / BB&T Corporation (NYSE: BBT ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 19, 2018 at 8:00 AM Eastern Time. To listen …
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