Darden's most recent trend suggests a bearish bias. One trading opportunity on Darden is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 14.94% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 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 $87.50 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 71.52 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 Darden
Darden Excels by Keeping It Simple
Wed, 12 Apr 2017 20:00:00 +0000
Restaurant company doesn't see consumer health as an issue.
Here's Why the Restaurant Industry Is Busy with M&A Activity
Mon, 10 Apr 2017 20:15:08 +0000
Consolidation has become the name of the game to survive in the prevailing restaurant recession.
Darden Restaurants, Inc. — Moody's assigns Baa3 to Darden's proposed $500 million senior unsecured notes
Mon, 10 Apr 2017 18:11:08 +0000
Rating Action: Moody's assigns Baa3 to Darden's proposed $500 million senior unsecured notes. Global Credit Research- 10 Apr 2017. New York, April 10, 2017– Moody's Investors Service, today assigned a …
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Publicly traded restaurants are up over 7% this year, surpassing the 5.2% increase for the S&P 500, as per the NRN Restaurant Index.
These 4 ‘Rocket Stocks' Look Ready for Blastoff
Mon, 10 Apr 2017 11:00:00 +0000
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