Dollar Tree's most recent trend suggests a bullish bias. One trading opportunity on Dollar Tree is a Bull Put Spread using a strike $110.00 short put and a strike $105.00 long put offers a potential 20.77% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dollar Tree 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 Dollar Tree is bullish.
The RSI indicator is at 79.3 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 Dollar Tree
Forget Dollar General, Dollar Tree Is a Better Value Stock
Fri, 04 Dec 2020 15:00:00 +0000
It's a bold claim to say Dollar Tree (NASDAQ: DLTR) is the better deep discount investment, especially when its performance has come in fits and starts, and rival Dollar General (NYSE: DG) has been like a machine chugging along without issue. Granted, the big spike Dollar Tree stock enjoyed after the release of its fiscal third-quarter earnings report on Nov. 24 seems a bit overblown. What's most encouraging is the fact both the Dollar Tree and Family Dollar banners are finally on the same page.
Why Dollar Tree Stock Rose 21% in November
Fri, 04 Dec 2020 14:12:00 +0000
Dollar Tree (NASDAQ: DLTR) shareholders beat a surging market in November as their stock rose 21% compared to the 11% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. Investors were treated to some solid operating news from the value retailing chain, which late last month revealed that sales rose 7.5% in the third quarter thanks to growth in both its Family Dollar and Dollar Tree franchises.
These major retailers are spending millions of dollars to show employees appreciation
Fri, 04 Dec 2020 14:11:07 +0000
Retailers open up their wallets to pay more workers after months of hard work during the COVID-19 outbreak.
Ollie's Bargain Outlet Warns On Holiday Comps After Dollar General Beats
Thu, 03 Dec 2020 21:21:02 +0000
Ollie's Bargain Outlet beat Q3 estimates but noted a sharp slowdown in holiday-quarter same-store sales, after Dollar General topped forecasts
Dollar Tree Appoints Winnie Park to Its Board of Directors
Thu, 03 Dec 2020 21:05:00 +0000
Dollar Tree, Inc. (NASDAQ: DLTR) today announced that Winnie Park has been appointed as a new independent director to the Company’s Board of Directors, effective December 3, 2020. In addition, two long-time independent directors, Thomas A. Saunders III and Carl P. Zeithaml, have announced their intention to retire at the 2021 Annual Meeting of Shareholders.
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