Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 5.93% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere 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 Deere is bullish.
The RSI indicator is at 78.69 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 Deere
Agriculture companies launch effort to standardize, secure farm data
Tue, 11 Mar 2014 19:38:30 GMT
Positive Trends Will Limit the Damage for Caterpillar Inc.
Tue, 11 Mar 2014 00:01:58 GMT
Western Businesses in Russia, Watchful and Wary
Fri, 07 Mar 2014 22:44:26 GMT
What John Deere’s Fiscal Conservatism Means for Investors
Fri, 07 Mar 2014 15:07:03 GMT
John Deere Engine Conversion Kit Delivers Premium Customer Experience
Fri, 07 Mar 2014 11:05:40 GMT
noodls – LAS VEGAS (March 6, 2014) – Beginning in 2015, the John Deere Construction & Forestry Division will offer a retrofit kit that will enable Interim Tier 4 (IT4) machines to be sold in countries where ultra-low …
Related Posts
Also on Market Tamer…
Follow Us on Facebook