Gap's most recent trend suggests a bearish bias. One trading opportunity on Gap is a Bear Call Spread using a strike $44.50 short call and a strike $50.00 long call offers a potential 7.42% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $44.50 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $5.12 would be incurred if the stock rose above the $50.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Gap 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 Gap is bearish.
The RSI indicator is at 58.63 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
Apple hires senior Gap marketing exec – AdAge
Wed, 10 Sep 2014 23:53:33 GMT
Apple hires senior Gap marketing exec -AdAge
Wed, 10 Sep 2014 23:39:20 GMT
ExactTarget supports Salesforce’s digital marketing initiatives
Wed, 10 Sep 2014 18:49:33 GMT
Thinking of Trading Lululemon's Earnings? Don't.
Wed, 10 Sep 2014 15:48:00 GMT
High stakes as runway fashion goes mainstream
Wed, 10 Sep 2014 15:04:31 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook