Gap's most recent trend suggests a bullish bias. One trading opportunity on Gap is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 16.55% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $41.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $36.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gap 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 Gap is bullish.
The RSI indicator is at 65.76 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 Gap
J.C. Penney Burnishes Its Liz Claiborne Brand
Wed, 13 Aug 2014 23:18:40 GMT
Barriers To Encore Careers Are Falling
Wed, 13 Aug 2014 16:27:00 GMT
Forbes – An Encore.org survey finds growing interest in a second act with purpose.
Western brands strive to click with Chinese shoppers
Wed, 13 Aug 2014 13:45:04 GMT
Financial Times – Middle-class Chinese love shopping and increasingly they choose to do so online. So fashion brands from round the world are losing no time pitching to the mainland's estimated 300m e-commerce enthusiasts. …
Gap Goes Social with @GapKids Launch and the Inaugural GapKids Class of 2014
Tue, 12 Aug 2014 13:30:00 GMT
PR Newswire – NEW YORK, Aug. 12, 2014 /PRNewswire/ — Gap is encouraging moms and dads around the world to share their experiences of parenthood and celebrate ‘kids being kids' through social media. Today Gap is launching …
Top 10 cars for city dwellers
Mon, 11 Aug 2014 18:43:10 GMT
USA TODAY – Editors of shopping site Cars.com vote for Top 10 list of cars for urban buyers and city driving.
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