Comcast's most recent trend suggests a bullish bias. One trading opportunity on Comcast is a Bull Put Spread using a strike $46.00 short put and a strike $41.00 long put offers a potential 12.36% 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 $46.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $41.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Comcast 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 Comcast is bullish.
The RSI indicator is at 61.75 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 Comcast
Netflix CEO ‘hopeful' for deals with Comcast, others
Tue, 22 Oct 2013 00:20:41 GMT
Netflix CEO ‘hopeful' for deals with Comcast, others
Tue, 22 Oct 2013 00:20:19 GMT
Reuters – Netflix Inc CEO Reed Hastings said on Monday he was hopeful the company would reach a deal with Comcast Corp and other pay television providers to offer his company's movie and TV streaming service through …
‘Gravity’ Leads for Third Week While WikiLeaks Flops
Mon, 21 Oct 2013 22:15:53 GMT
Bloomberg – “Gravity” collected $30 million to lead the box office for a third week, as a film about WikiLeaks founder Julian Assange failed to find an audience.
Final Glance: Media companies
Mon, 21 Oct 2013 22:02:30 GMT
Final Glance: Media companies
Mon, 21 Oct 2013 22:02:30 GMT
AP – Shares of some top media companies were mixed at the close of trading: Comcast Corp. rose $.06 or .1 percent, to $47.09. Walt Disney Co. rose $.46 or .7 percent, to $67.61. Gannett fell $.59 or 2.1 percent, …
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