Capital One's most recent trend suggests a bullish bias. One trading opportunity on Capital One is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 13.9% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.39 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Capital One 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 Capital One is bullish.
The RSI indicator is at 49.43 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 Capital One
High-grade squeezes in US$10bn before Fed
Tue, 28 Oct 2014 22:36:27 GMT
Reuters – UK Focus – By Mike Gambale and Danielle Robinson NEW YORK, Oct 28 – Borrowers rushed to the high-grade dollar market on Tuesday to raise more than US$10bn ahead of any potential volatility brought on by the Federal …
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