Big Lots (BIG) Offering Possible 6.38% Return Over the Next 7 Calendar Days

Big Lots's most recent trend suggests a bullish bias. One trading opportunity on Big Lots is a Bull Put Spread using a strike $37.50 short put and a strike $32.50 long put offers a potential 6.38% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $37.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $32.50 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Big Lots 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 up which suggests that the medium-term momentum for Big Lots is bullish.

The RSI indicator is at 65.84 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 Big Lots

Is Big Lots (BIG) Stock Outpacing Its Retail-Wholesale Peers This Year?
Wed, 08 Jul 2020 15:30:03 +0000
Is (BIG) Outperforming Other Retail-Wholesale Stocks This Year?

Surging Earnings Estimates Signal Good News for Big Lots (BIG)
Wed, 08 Jul 2020 12:35:12 +0000
Big Lots (BIG) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Is Big Lots (BIG) a Solid Growth Stock? 3 Reasons to Think " Yes "
Tue, 07 Jul 2020 16:45:04 +0000
Big Lots (BIG) could produce exceptional returns because of its solid growth attributes.

Will Big Lots (BIG) Gain on Rising Earnings Estimates?
Tue, 07 Jul 2020 16:20:04 +0000
Big Lots (BIG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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Tue, 07 Jul 2020 12:53:12 +0000
Vitals of financial markets and the U.S. economy are recovering gradually, making way for value stocks to gain pace ahead.

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