Colgate's most recent trend suggests a bullish bias. One trading opportunity on Colgate is a Bull Put Spread using a strike $68.00 short put and a strike $63.00 long put offers a potential 6.16% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $68.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $63.00 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 above 80 which suggests that the stock is in overbought territory.
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
Tigress Financial Remains On The Sidelines Following Colgate-Palmolive, Procter & Gamble Earnings
Mon, 10 Nov 2014 19:15:47 GMT
Colgate-Palmolive (CL) Enters Overbought Territory
Thu, 06 Nov 2014 13:12:27 GMT
COLGATE PALMOLIVE CO Financials
Thu, 30 Oct 2014 17:04:10 GMT
Colgate Splashes Out $100m for Myanmar Toothpaste Maker
Tue, 28 Oct 2014 17:16:48 GMT
[$$] Colgate Buys Myanmar Toothpaste Brand
Tue, 28 Oct 2014 16:18:12 GMT
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