Darden's most recent trend suggests a bearish bias. One trading opportunity on Darden is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 14.94% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Darden is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Darden is bearish.
The RSI indicator is at 28.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Darden
Ann shares rise after disclosing Golden Gate pact
Tue, 14 Oct 2014 22:52:37 GMT
Ann shares rise after disclosing Golden Gate pact
Tue, 14 Oct 2014 22:52:37 GMT
Final Glance: Restaurant companies
Tue, 14 Oct 2014 22:03:33 GMT
Final Glance: Restaurant companies
Tue, 14 Oct 2014 22:03:33 GMT
As Activist Investors Gain Strength, Boards Surrender to Demands
Tue, 14 Oct 2014 20:30:13 GMT
New York Times – Recent fights at Darden Restaurants and Hewlett-Packard show that the easiest corporate response is to give in, Steven Davidoff Solomon writes in the Deal Professor column.
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