Lowe’s Companies (LOW) Offering Possible 47.06% Return Over the Next 29 Calendar Days

Lowe's Companies's most recent trend suggests a bullish bias. One trading opportunity on Lowe's Companies is a Bull Put Spread using a strike $172.50 short put and a strike $167.50 long put offers a potential 47.06% 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 $172.50 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock dropped below the $167.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lowe's Companies 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 Lowe's Companies is bullish.

The RSI indicator is at 69.18 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 Lowe's Companies

Lowe's Goes "Home" For the Holidays
Tue, 20 Oct 2020 11:00:00 +0000
At the holidays, selecting the perfect gift for each loved one can be a time-honored tradition full of frustration, dashed expectations, frenzied shopping and more than a little dent in the wallet. But in a year that hasn't delivered anything close to "usual," Lowe's is giving new meaning to the holiday shopping season by inspiring customers to gift back to the place that has meant so much this year: home.

Lowe's (LOW) is Up 87% in 6 Months: What's Aiding the Stock?
Mon, 19 Oct 2020 15:46:03 +0000
Lowe's (LOW) is benefiting from rising popularity of home renovation projects. To top this, higher online sales is driving the stock.

Cross-Sector: Market Data Highlights
Sat, 17 Oct 2020 07:39:40 +0000

Media Advisory – Government of Canada to make important announcement on moving goods to international markets
Wed, 07 Oct 2020 19:00:00 +0000
TROIS-RIVIÈRES, QC, Oct. 7, 2020 /CNW/ – The Minister of Transport, the Honourable Marc Garneau, and the Minister of Foreign Affairs, the Honourable François-Philippe Champagne, will make an important announcement regarding a major investment to ensure the efficient movement of goods to international markets.

Is the Stock Market Open Today? Here Are the Hours for Labor Day 2020.
Mon, 07 Sep 2020 09:00:00 +0000
After a rough week of wild trading for the stock market, Labor Day 2020 is finally here. Some international exchanges are open today. Here are the hours.

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