Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $103.00 short put and a strike $97.50 long put offers a potential 19.31% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $103.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $97.50 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 at 60.1 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 Gilead Sciences
Gilead Faces Suit Over Hepatitis Drug’s Price
Thu, 11 Dec 2014 05:12:20 GMT
The Wall Street Journal – Philadelphia’s transit agency filed a lawsuit against Gilead Sciences, accusing the company of price-gouging on the sale of its $1,000-per-pill hepatitis C drug.
Gilead Sciences sued over hepatitis C drug's $1000-a-pill price tag
Wed, 10 Dec 2014 23:50:48 GMT
Gilead faces lawsuit over hepatitis C drug pricing
Wed, 10 Dec 2014 22:59:29 GMT
Gilead faces lawsuit over hepatitis C drug pricing
Wed, 10 Dec 2014 22:59:29 GMT
Newscast: Oil called the tune on Wall St.
Wed, 10 Dec 2014 21:21:47 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook