Capital One's most recent trend suggests a bullish bias. One trading opportunity on Capital One is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 11.36% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $65.00 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 59.19 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
3 Reasons This Bank's Best Days Are Ahead
Wed, 19 Feb 2014 00:01:56 GMT
Capital One to Revisit Credit Card Contract Terms After Outcry
Tue, 18 Feb 2014 22:11:04 GMT
Train Reading: ‘Our Concerns Are Little Changed'
Tue, 18 Feb 2014 21:06:17 GMT
Market-Beating Fund: Why Capital One's Our No. 1
Tue, 18 Feb 2014 19:26:47 GMT
Capital One says it won't show up at your house to collect on your credit card
Tue, 18 Feb 2014 17:01:00 GMT
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