Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 11.11% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $72.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Marriott 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 Marriott is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Marriott
2 Million Holiday Lights Illuminate Gaylord Opryland Resort
Fri, 14 Nov 2014 02:44:00 GMT
PR Newswire – NASHVILLE, Tenn., Nov. 13, 2014 /PRNewswire/ — Gaylord Opryland Resort's 31 st annual A Country Christmas is officially underway, following a festive ceremony tonight to turn on the iconic hotel's 2 million …
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Thu, 13 Nov 2014 23:05:50 GMT
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Thu, 13 Nov 2014 18:28:13 GMT
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