Express Scripts's most recent trend suggests a bullish bias. One trading opportunity on Express Scripts is a Bull Put Spread using a strike $72.00 short put and a strike $67.00 long put offers a potential 28.87% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $3.88 would be incurred if the stock dropped below the $67.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Express Scripts 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 Express Scripts is bullish.
The RSI indicator is at 61.19 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 Express Scripts
Final Glance: Drug Benefits companies
Wed, 22 Oct 2014 22:09:12 GMT
Midday Glance: Drug Benefits companies
Wed, 22 Oct 2014 17:18:42 GMT
Early Glance: Drug Benefits companies
Wed, 22 Oct 2014 14:36:41 GMT
Time for a Checkup With This Health Care ETF
Tue, 21 Oct 2014 15:15:38 GMT
Will High Price Hurt Gilead Sciences' New Hep-C Drug?
Mon, 20 Oct 2014 20:37:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook