Dollar Tree's most recent trend suggests a bullish bias. One trading opportunity on Dollar Tree is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 7.53% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $75.00 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 70.67 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
Consumer Spending Not Hurting Retail ETFs
Thu, 19 Mar 2015 20:12:41 GMT
Viking Global’s Increased Position in Dollar Tree
Thu, 19 Mar 2015 17:05:38 GMT
Market Realist – Viking Global increased its position in Dollar Tree (DLTR) by over $196 million in the stock. It represented 2.32% of the total portfolio in 4Q14.
Analyzing The Game Changers Affecting Walmart’s Outlook
Wed, 18 Mar 2015 02:05:36 GMT
A Fistful of Dollar Stores
Mon, 16 Mar 2015 16:54:36 GMT
Retailers closing the most stores
Sat, 14 Mar 2015 12:30:00 GMT
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