L Brands's most recent trend suggests a bullish bias. One trading opportunity on L Brands is a Bull Put Spread using a strike $56.50 short put and a strike $51.50 long put offers a potential 13.64% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $51.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for L Brands 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 L Brands is bullish.
The RSI indicator is at 65.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for L Brands
L Brands Reports February 2014 Sales
Thu, 06 Mar 2014 13:10:08 GMT
noodls – COLUMBUS, Ohio, March 6, 2014 /PRNewswire/ — L Brands, Inc. (NYSE: LB) reported comparable store sales for the four weeks ended March 1, 2014 increased 2% compared to the four weeks ended March 2, 2013. …
L Brands Reports February 2014 Sales
Thu, 06 Mar 2014 12:00:00 GMT
PR Newswire – COLUMBUS, Ohio, March 6, 2014 /PRNewswire/ — L Brands, Inc. (NYSE: LB) reported comparable store sales for the four weeks ended March 1, 2014 increased 2% compared to the four weeks ended March 2, 2013. …
Polar Vortex set to slow February sales
Wed, 05 Mar 2014 20:18:00 GMT
5 Stocks With Big Insider Buying
Wed, 05 Mar 2014 17:30:00 GMT
L Brands Invites You To Listen To Its February 2014 Sales Report Webcast
Mon, 03 Mar 2014 20:47:59 GMT
noodls – COLUMBUS, Ohio, Mar. 3, 2014 — In conjunction with L Brands' sales release, you are invited to listen to a pre-recorded broadcast of the February sales report with Amie Preston, Chief Investor Relations …
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