Express Scripts's most recent trend suggests a bullish bias. One trading opportunity on Express Scripts is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 8.93% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $72.50 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 60.11 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
Men's Wearhouse Disappoints, Verifone Wows, Jim Cramer's PBM Play
Wed, 12 Mar 2014 11:23:00 GMT
ADHD Medication Use Continues to Climb, Biggest Gains Seen Among Adults
Wed, 12 Mar 2014 11:00:00 GMT
PR Newswire – ST. LOUIS, March 12, 2014 /PRNewswire/ — The number of Americans who use medication to treat Attention Deficit Hyperactivity Disorder (ADHD) rose 36 percent in 5 years, totaling more than 4.8 million …
Weekly Insider Sells Highlight: JAZZ, HD, ESRX, SCI
Tue, 11 Mar 2014 15:19:52 GMT
[$$] Express Scripts Has Rx for Healthy Investor Gains
Thu, 06 Mar 2014 23:48:00 GMT
Catamaran Corporation — Moody's assigns Ba3 to Catamaran's new sr unsecured notes; sr. bank debt upgraded to Ba1; Ba2 CFR affirmed
Thu, 06 Mar 2014 22:47:23 GMT
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