Capital One's most recent trend suggests a bullish bias. One trading opportunity on Capital One is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 20.48% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $70.00 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 63.88 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
CAPITAL ONE FINANCIAL CORP Financials
Thu, 06 Mar 2014 18:04:32 GMT
Capital One Bank Survey: More than Half of Americans Who Will Be Receiving a Tax Refund This Year Plan to Spend the Majority of It
Thu, 06 Mar 2014 14:30:00 GMT
PR Newswire – According to the latest IRS statistics, the average federal tax refund this year will be $3,116, up 4.2 percent compared to 2013. Capital One's survey found that most Americans (80 percent) expect to get a refund and more than half of those (52 percent) plan to spend the majority of their refund. Although 52 percent of Americans who will be receiving a tax refund this year are spending the majority of it (as opposed to saving), that spending includes paying down debt.
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