Dow Chemical's most recent trend suggests a bullish bias. One trading opportunity on Dow Chemical is a Bull Put Spread using a strike $43.00 short put and a strike $38.00 long put offers a potential 11.86% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $43.00 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $38.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dow Chemical 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 Dow Chemical is bullish.
The RSI indicator is at 55.6 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 Dow Chemical
Final Glance: Chemicals companies
Thu, 23 Jan 2014 23:03:16 GMT
Final Glance: Chemicals companies
Thu, 23 Jan 2014 23:03:16 GMT
AP – Shares of some top chemicals companies were down at the close of trading: Dow Chemical Co. fell $.96 or 2.1 percent, to $44.72. DuPont Co. fell $1.27 or 2.0 percent, to $61.75.
Farmers Press Agribusiness Giants for Data Security
Thu, 23 Jan 2014 22:05:24 GMT
BusinessWeek – Growers and ranchers don't want to give up control of their information
Did Dan Loeb’s Third Point buy T-Mobile stake ahead of a merger?
Thu, 23 Jan 2014 21:29:05 GMT
Market Realist – Third Point said in its 4Q investor letter that it had an opportunity to establish a position in T-Mobile (TMUS) in November when the company conducted a secondary offering at $25.
‘Animal spirits' of spending jostle for release
Thu, 23 Jan 2014 18:48:39 GMT
Financial Times – US chief executives are running out of excuses for not raising capital spending more quickly. Repeated political confrontations over taxes and government borrowing and spending; nervousness about when …
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