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 19.62% return on risk over the next 36 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 $0.82 would be kept by the premium seller. The risk of $4.18 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Gap
How to rescue your retirement at 55
Sun, 17 Nov 2013 14:03:01 GMT
USA TODAY – It's probably time to preserve your assets and reduce your monthly expenses.
The Gap Is Consistently Outpacing the Industry
Sat, 16 Nov 2013 23:32:19 GMT
Motley Fool – The Gap is doing considerably better than competitors such as A&F and American Eagle in a tough consumer spending environment.
Retirees, here's how health care law affects you
Sat, 16 Nov 2013 17:03:09 GMT
USA TODAY – Average working Americans aren't the only ones having trouble figuring out the Affordable Care Act; retirees are in the dark, too.
The Gap Inc. and L Brands Are Still in Fashion
Sat, 16 Nov 2013 13:42:44 GMT
Motley Fool – Gap and Limited Brands are thriving under challenging conditions for the industry, and that says a lot about these companies and their management teams.
[$$] Preview
Sat, 16 Nov 2013 05:01:00 GMT
Barrons.com – Review | Dates to Watch For | Follow-Up | U.S. Economic Calendar | Consensus Estimates | Coming Earnings | Coming U.S. Auctions While most Americans are gathered around the table this Thanksgiving to celebrate fellowship and stuffing, thousands more will be climbing all over each other to grab discounted flat-screen TVs. Every year, it seems, Black Friday deals, the early-bird promotions meant to jump-start holiday shopping, start earlier and earlier. Wal-Mart, which waited until 8 p.m. last Thanksgiving, will start its sales at 6 p.m. just as the pumpkin pie is being savaged. “They want the business now,” says CLSA analyst Barbara Wyckoff.
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