Expedia's most recent trend suggests a bearish bias. One trading opportunity on Expedia is a Bear Call Spread using a strike $119.00 short call and a strike $124.00 long call offers a potential 26.58% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $119.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock rose above the $124.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Expedia is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Expedia is bearish.
The RSI indicator is at 74.82 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 Expedia
Diller on HomeAway competition: There's room for more tha…
Tue, 11 Oct 2016 15:43:00 GMT
Egencia Announces Strategy for 2017 and Beyond, Including New Global Organization
Mon, 10 Oct 2016 22:44:00 GMT
noodls – Company structure set to maintain focus on growth, delighting clients and operational excellence in business travel. … This is an abstract of the original noodl. To continue reading this document, click …
Expedia TAAP Wins Silver at Travel Weekly Magellan Awards
Mon, 10 Oct 2016 13:00:00 GMT
PR Newswire – BELLEVUE, Wash., Oct. 10, 2016 /PRNewswire/ — Travel Weekly awarded its prestigious 2016 Silver Magellan Award to the Expedia Travel Agent Affiliate Program (TAAP), the largest global travel agency affiliation …
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Sun, 09 Oct 2016 17:41:55 GMT
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