Darden's most recent trend suggests a bullish bias. One trading opportunity on Darden is a Bull Put Spread using a strike $52.50 short put and a strike $47.00 long put offers a potential 6.8% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $5.15 would be incurred if the stock dropped below the $47.00 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 60.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Darden
What’s Really Wrong with Olive Garden and Red Lobster?
Sat, 28 Dec 2013 21:09:04 GMT
3 Restaurant Chains: 1 Clear Winner in the Face of Changing Consumer Tastes
Sat, 28 Dec 2013 12:02:01 GMT
Motley Fool – Chipotle Mexican Grill's concepts are at the heart of a changing restaurant world, where Darden Restaurants and Yum! Brands are quickly losing relevance.
[$$] 13D Filings
Sat, 28 Dec 2013 05:01:00 GMT
Final Glance: Restaurant companies
Fri, 27 Dec 2013 22:59:41 GMT
Final Glance: Restaurant companies
Fri, 27 Dec 2013 22:59:41 GMT
AP – Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. fell $.18 or .4 percent, to $46.33. Chipotle Mexican Grill Inc. fell $4.68 or .9 percent, to $530.75. …
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