BB&T's most recent trend suggests a bearish bias. One trading opportunity on BB&T is a Bear Call Spread using a strike $47.00 short call and a strike $52.50 long call offers a potential 12.47% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.89 would be incurred if the stock rose above the $52.50 long call 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 25.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for BB&T
Viewpoint: 2019 mergers and acquisitions impact coming soon to Atlanta office market
Fri, 16 Aug 2019 17:12:21 +0000
The Atlanta office market is in store for big changes soon, thanks in part to recent mergers and acquisitions, four of which represent more than 2.5 million square feet of pre-merger office space.
Truist Bank names SunTrust's Kelly to lead North Georgia operations
Fri, 16 Aug 2019 16:23:39 +0000
Kelly gets the Georgia assignment. Heath Campbell, BB&T; Regional President for Georgia, will move to Charlotte.
SunTrust (STI) Rewards Shareholders With 12% Dividend Hike
Thu, 15 Aug 2019 13:18:01 +0000
SunTrust (STI) increases quarterly dividend to 56 cents per share from 50 cents.
New AD expects historic schedule, outreach to boost Deacons' football ticket sales
Wed, 14 Aug 2019 11:00:00 +0000
Though Saturdays will be quiet around BB&T (NYSE: BBT) Field on the first two home football weekends at Wake Forest, John Currie, the Demon Deacons' new athletic director, expressed optimism that an historic schedule will translate into increased ticket sales. Speaking Tuesday to the Rotary Club of Winston-Salem, Currie touted a home slate including North Carolina, N.C. State and Duke – all at BB&T Field – while making a pitch to the Triad community to support the Deacons, who are coming off a 7-6 season that included late-season victories at N.C. State and Duke prior to a Birmingham Bowl triumph over Memphis. Currie said Wake Forest – a private university with the smallest undergraduate enrollment, the smallest football stadium and the smallest football revenues among the NCAA's 65 “Power 5 conference” schools – is making a concerted effort to increase support from outside the university community and alumni base.
Bemetra Simmons works to build Mutual of Omaha Bank’s Florida brand
Fri, 09 Aug 2019 09:00:00 +0000
Bemetra Simmons took the Mutual of Omaha job in December 2018, one that allows her to lead a statewide expansion.
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