Discover (DFS) Offering Possible 8.7% Return Over the Next 29 Calendar Days

Discover's most recent trend suggests a bullish bias. One trading opportunity on Discover is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 8.7% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $55.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Discover 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 Discover is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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 Discover

Discover to Increase Acceptance in the Nordics Through Agreement with Nets
Wed, 16 Jan 2019 08:00:00 +0000
Diners Club International, a subsidiary of Discover Financial Services and part of the Discover Global Network has signed an agreement with Nets, a leading payment processor and acquirer in Europe, to help expand Discover Global Network acceptance in Norway, Sweden, Denmark and Finland. With this agreement, Nets will work with current and prospective merchant partners to help provide increased acceptance of Discover, Diners Club International, PULSE and affiliate network cards across these markets.

Discover Recognized as a 2019 Digital Edge 50 Winner for Customer Service Strategy
Tue, 15 Jan 2019 15:00:00 +0000
For the second year in a row, Discover has been named a Digital Edge 50 award winner. The company was recognized this year for creating a strategy that leverages artificial intelligence (AI) to improve the customer experience and offer tailored services and programs to help customers manage their finances and make it easier to maintain or improve their credit standing. The new program has transformed Discover’s approach to customer service by being able to create customized and timely payment plan options along with reducing the amount of time it takes customers to return to good standing.

Discover Financial, 3C Payment Ink Deal to Boost Business
Tue, 15 Jan 2019 13:25:01 +0000
Discover Financial (DFS) signs a contract with 3C Payment to provide services in hospitality industry across Europe and the Middle East.

See what the IHS Markit Score report has to say about Discover Financial Services.
Tue, 15 Jan 2019 13:05:40 +0000
# Discover Financial Services

### NYSE:DFS

View full report here!

## Summary

* Bearish sentiment is low

## Bearish sentiment

Short interest | Positive

Short interest is low for DFS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

## Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. The net inflows of $10.56 billion over the last one-month into ETFs that hold DFS are not among the highest of the last year and have been slowing.

## Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.

## Credit worthiness

Credit default swap

CDS data is not available for this security.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

Why I Like Discover Financial Services (NYSE:DFS)
Sun, 13 Jan 2019 14:15:43 +0000
Discover Financial Services (NYSE:DFS) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the

Read More…

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