Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $70.00 short put and a strike $60.00 long put offers a potential 13.51% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $8.81 would be incurred if the stock dropped below the $60.00 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 at 37.69 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 Mastercard
MasterCard in venture to launch fingerprint pay cards
Fri, 17 Oct 2014 16:37:37 GMT
Government Debit Cards to Get Tighter U.S. Security
Fri, 17 Oct 2014 16:21:54 GMT
MasterCard And Zwipe Announce The Launch Of The World’s First Biometric Contactless Payment Card With Integrated Fingerprint Sensor
Fri, 17 Oct 2014 15:44:36 GMT
noodls – London, 17 October, 2014: MasterCard and Zwipe have announced their partnership for the launch of the world's first contactless payment card featuring an integrated fingerprint sensor. The launch of the …
MasterCard Statement on White House Payments Security Event
Fri, 17 Oct 2014 15:31:00 GMT
Business Wire – Following today’s White House event highlighting efforts to migrate the United States to EMV chip payment technology, Chris McWilton, president of North American Markets, noted:
Telefónica to phase out 1,600 German jobs in wake of E-Plus takeover
Fri, 17 Oct 2014 13:45:51 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook