Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 9.65% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $87.50 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 72.75 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
High-tech U.S. farm machines harvest Big Data, reap privacy worries
Wed, 09 Apr 2014 23:52:44 GMT
High-tech U.S. farm machines harvest Big Data, reap privacy worries
Wed, 09 Apr 2014 23:48:03 GMT
Dividend Growth Investing: Is Total Return A Useful Metric?
Wed, 09 Apr 2014 22:03:12 GMT
Traders' best agriculture plays
Wed, 09 Apr 2014 16:35:00 GMT
Moody's assigns definitive ratings to John Deere Owner Trust 2014
Wed, 09 Apr 2014 15:35:17 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook