Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 6.38% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $67.50 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
Final Glance: Leisure companies
Mon, 03 Nov 2014 23:03:46 GMT
Final Glance: Leisure companies
Mon, 03 Nov 2014 23:03:46 GMT
Before Taking the Plunge, Spend an Evening with Atlanta Marriott Suites Midtown
Mon, 03 Nov 2014 20:45:00 GMT
PR Newswire – ATLANTA, Nov. 3, 2014 /PRNewswire/ — Before the big day, comes the big night out with the girls. Brides-to-be looking to celebrate their upcoming marriage with their closest friends in Midtown Atlanta …
Ignite Chicago Discovery
Mon, 03 Nov 2014 19:10:00 GMT
PR Newswire – CHICAGO, Nov. 3, 2014 /PRNewswire/ — With its natural balance of style, energy and incomparable location, the Renaissance Chicago Downtown Hotel is the hub of urban discovery. Beginning December 5, 2014, …
Midday Glance: Leisure companies
Mon, 03 Nov 2014 18:20:48 GMT
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