Hartford's most recent trend suggests a bullish bias. One trading opportunity on Hartford is a Bull Put Spread using a strike $33.00 short put and a strike $28.00 long put offers a potential 10.86% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $33.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $28.00 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 73.3 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
AIG Upped to Outperform
Thu, 17 Oct 2013 18:30:02 GMT
Zacks – We have upgraded life and property insurer American International Group Inc. (AIG) to Outperform based on its improving operating and financial leverage.
Hartford Funds Hires Poe as Chief of Advertising
Wed, 16 Oct 2013 20:25:40 GMT
Bloomberg – Hartford Financial Services Group Inc.’s mutual-funds business hired Chris Poe, a former managing director at BlackRock Inc., as head of brand and advertising.
Hartford Funds Appoints Chris Poe Head of Brand and Advertising
Wed, 16 Oct 2013 20:00:00 GMT
Business Wire – Hartford Funds hired Chris Poe as the company’s head of brand and advertising. In this new role, Poe will be responsible for building Hartford Funds’ brand through strategic advertising, public relations and internal communications.
Options Action: Unhealthy insurer?
Thu, 10 Oct 2013 21:45:00 GMT
CNBC – Discussing options activity in insurance stocks, including AIG and Hartford, with CNBC contributor Mike Khouw of Dash Financial Group.
Today's 3 Best Stocks in the S&P 500
Wed, 09 Oct 2013 21:16:25 GMT
Motley Fool – A roundup of the day's best performers within the S&P 500 and what their moves mean for investors.
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