Colgate's most recent trend suggests a bullish bias. One trading opportunity on Colgate is a Bull Put Spread using a strike $65.50 short put and a strike $60.50 long put offers a potential 12.87% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.50 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock dropped below the $60.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Colgate 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 Colgate is bullish.
The RSI indicator is at 57.57 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 Colgate
China's ‘new normal' for consumption
Tue, 28 Oct 2014 08:10:39 GMT
Financial Times – While multinationals have been bleating about tumbling sales in China, official retail data from the world's second-biggest economy tells a more robust story. What gives? The correct read on Chinese shoppers' …
Colgate-Palmolive (CL) Earnings Report: Q3 2014 Conference Call Transcript
Mon, 27 Oct 2014 22:56:00 GMT
Global story of the consumer
Fri, 24 Oct 2014 17:15:00 GMT
P&G Powers Down Battery Business, Colgate Q3 Mixed
Fri, 24 Oct 2014 16:24:00 GMT
Colgate-Palmolive (CL) Is Today's Unusual Social Activity Stock
Fri, 24 Oct 2014 13:48:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook