Gap's most recent trend suggests a bullish bias. One trading opportunity on Gap is a Bull Put Spread using a strike $42.00 short put and a strike $37.00 long put offers a potential 7.76% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $37.00 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 79.5 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
Best ‘baby-making' stock plays
Thu, 13 Feb 2014 19:07:00 GMT
How to Reach China’s Avid Online Shoppers
Thu, 13 Feb 2014 17:23:39 GMT
Jim Cramer's 7 big investing ideas
Thu, 13 Feb 2014 14:47:18 GMT
The Daily Ticker – http://d.yimg.com/hd/yahoofinance/lotus/33318d71-681f-43c2-bc2a-e1eb464a4ee6_21zmGc84h3gq1_1_0.jpg?s=36626277517dfbd05eaae10c7e54a595&c=178679d79cde3c0e8c5872487c5b7f6a&a=yahoofinance&mr=0
Rieder: Digital journalism's financial challenge
Thu, 13 Feb 2014 00:29:24 GMT
Will Bank Accounts Catch on in India?
Wed, 12 Feb 2014 17:20:30 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook