Danaher's most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 7.53% 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 $70.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 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 Danaher 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 Danaher is bullish.
The RSI indicator is at 62.3 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 Danaher
Interesting DHR Put And Call Options For June 2014
Mon, 21 Oct 2013 14:56:00 GMT
Midday movers: Google, Apple, Peabody & more
Thu, 17 Oct 2013 16:08:49 GMT
CNBC – Take a look at some of Thursday's midday movers:
Danaher Gains 4% on Earnings: Good News for Medical Device Makers?
Thu, 17 Oct 2013 15:38:00 GMT
Danaher Hits New High After Q3 Earnings Beat
Thu, 17 Oct 2013 15:27:00 GMT
Investor's Business Daily – Danaher Hits New High After Q3 Earnings Beat
Danaher's Q3 Earnings Beat Marginally
Thu, 17 Oct 2013 15:00:08 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook