Darden's most recent trend suggests a bullish bias. One trading opportunity on Darden is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 6.38% 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 $49.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Darden 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 Darden is bullish.
The RSI indicator is at 77.74 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
ObamaCare Woes With Exchange Sites Just The Beginning
Mon, 21 Oct 2013 22:05:00 GMT
Final Glance: Restaurant companies
Mon, 21 Oct 2013 22:02:31 GMT
Final Glance: Restaurant companies
Mon, 21 Oct 2013 22:02:31 GMT
AP – Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. rose $.23 or .6 percent, to $41.55. Chipotle Mexican Grill Inc. fell $.49 or .1 percent, to $509.25. …
Darden Restaurants, Inc. — Moody's lowers Darden's unsecured ratings to Baa3 and short term rating to Prime-3
Mon, 21 Oct 2013 22:00:03 GMT
Break Up Darden? Here's Why Barington's ‘Fix' Is Not Supportable
Mon, 21 Oct 2013 18:48:00 GMT
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