Edwards Life's most recent trend suggests a bullish bias. One trading opportunity on Edwards Life is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 8.7% 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 $87.50 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 $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Edwards Life 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 Edwards Life is bullish.
The RSI indicator is at 79.61 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 Edwards Life
Inside Edwards Lifesciences’ Financial Guidance for 2017
Tue, 20 Dec 2016 12:35:41 GMT
These 5 Health Care Stocks Are Breaking Out This Christmas
Tue, 20 Dec 2016 11:02:00 GMT
Understanding the Key Drivers of EW’s Critical Care Business Growth
Mon, 19 Dec 2016 15:35:40 GMT
Where Is EW’s SHV Therapy Segment Headed after Disappointing 3Q16 Sales?
Mon, 19 Dec 2016 14:05:48 GMT
Edwards Lifesciences’ Acquisition of Valtech Cardio: Must-Know Details
Mon, 19 Dec 2016 12:35:53 GMT
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