Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 13.38% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $185.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Mastercard 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 Mastercard 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 Mastercard
Visa, Mastercard Lead These 5 Hot Payment Stocks Breaking Out
Sun, 13 May 2018 12:00:22 +0000
Payment stocks have been showing their worth lately. These five might be worth putting into your portfolio: Mastercard, Visa, Green Dot, American Express and Square.
Alibaba will be the biggest financial services company, C…
Fri, 11 May 2018 05:15:00 +0000
Banks in the developed world don’t have consistent long-term growth, Mark Phelps, CIO of concentrated global equities at AllianceBernstein, said.
PayPal Looks to the Underbanked Population for User Growth
Thu, 10 May 2018 21:01:00 +0000
New products show that PayPal believes it can help fill gaps in the world's financial system for the underprivileged.
How to Beat the Market, From One Fund Manager
Thu, 10 May 2018 15:05:00 +0000
About a year and a half ago, Barron's spoke with Eric Schoenstein, a co-manager of the Jensen Quality Growth Fund. For the 10 years ended April 30, Jensen Quality Growth is beating the Standard & Poor's 500 Index on an annualized basis. Let's start with Mastercard (MA), which sits in 16th place in your holdings.
3 Ways to Add $1,000 in Monthly Income for Summer Cash
Thu, 10 May 2018 14:25:05 +0000
Did you know there is a way to generate $1,000 or more every single month using option trades known as naked puts? Thus, should the stock be above that strike price on the date of contract expiration, the stock will not be put to you, and you get to keep the premium that you received for selling the contract. Mastercard Inc (NYSE:MA) is usually a pretty effective stock against which you can sell make inputs.
Related Posts
Also on Market Tamer…
Follow Us on Facebook