Hartford's most recent trend suggests a bullish bias. One trading opportunity on Hartford is a Bull Put Spread using a strike $34.00 short put and a strike $29.00 long put offers a potential 6.84% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $34.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $29.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hartford 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 Hartford is bullish.
The RSI indicator is at 45.56 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 Hartford
Can Hartford Financial (HIG) Beat Earnings Estimates?
Fri, 25 Apr 2014 20:35:05 GMT
Hartford unit terminates reinsurance agreement with White River
Fri, 25 Apr 2014 14:18:26 GMT
The Going Is Getting Tougher And W.R. Berkley Is Still Going
Fri, 25 Apr 2014 12:21:19 GMT
The Hartford Dives Into IBM Cloud
Wed, 16 Apr 2014 16:24:00 GMT
TheStreet – The Hartford has signed a $500 million, six-year cloud deal with IBM as the tech giant doubles down its efforts to tap into enterprise cloud dollars.
The Hartford Signs Agreement With IBM To Move IT To The Cloud
Wed, 16 Apr 2014 12:56:00 GMT
Business Wire – The Hartford and IBM announced a new six-year technology services agreement to implement a new service model that includes a private cloud infrastructure. The partnership supports
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