Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $735.00 short put and a strike $725.00 long put offers a potential 31.58% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $735.00 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $7.60 would be incurred if the stock dropped below the $725.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Google 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 Google is bullish.
The RSI indicator is at 64.98 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 Google
U.K.’s Streetmap Isn’t Done Yet In Its Legal Battle Against Google
Tue, 22 Mar 2016 10:40:45 GMT
Fortune – Company wants to appeal pro-Google ruling.
You can easily mimic a hedge fund’s performance — without the blowups
Tue, 22 Mar 2016 09:12:12 GMT
Google's Greene Hastens Cloud Expansion in Race With Amazon
Tue, 22 Mar 2016 09:00:00 GMT
Bloomberg – Google’s new cloud chief Diane Greene had unsettling news for employees at an internal sales meeting this month in Las Vegas: They weren’t taking corporate customers seriously enough and needed to sell …
Ten Years Later, Amazon Web Services Defies Skeptics
Tue, 22 Mar 2016 06:40:00 GMT
Apple's privacy fight does not win extra points for security – poll
Tue, 22 Mar 2016 05:58:02 GMT
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