Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 14.42% 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 $87.50 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gilead Sciences 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 Gilead Sciences is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Gilead Sciences
Are These the Best Big Biotech Stocks for Your Portfolio?
Thu, 10 Jul 2014 21:02:00 GMT
Trader sells Citi, buys SunTrust
Thu, 10 Jul 2014 16:41:00 GMT
Gilead Sciences Can Hit Par By The End Of The Year
Thu, 10 Jul 2014 15:35:16 GMT
A Pre-Earnings Update On Gilead
Thu, 10 Jul 2014 14:59:56 GMT
Gilead Sciences: Cause For Concern?
Thu, 10 Jul 2014 14:25:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook