Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $242.50 short put and a strike $237.50 long put offers a potential 26.26% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $242.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $237.50 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
Mastercard Reports Earnings Today. Here’s What To Expect.
Tue, 30 Apr 2019 09:40:00 +0000
Mastercard, like Visa, has benefited from growing credit-card use — fueled in part by the rise of online shopping and the pair’s quasi-duopolistic position in the payments business.
Mastercard Nominates 15 Candidates for Election to Board of Directors
Mon, 29 Apr 2019 21:46:00 +0000
Mastercard Incorporated (MA) today announced that its Board of Directors has nominated 15 candidates for election as directors at the company's June 25, 2019 annual meeting of stockholders. Lance Uggla and Youngme Moon have been added to the slate as proposed directors. “We continually seek directors who will continue to push the company to think and act differently, while remaining consistent with our corporate values,” said Richard Haythornthwaite, chairman of the board, Mastercard.
Visa, MasterCard Finalize EU Card Probe With Fee Cut Pledge
Mon, 29 Apr 2019 13:55:13 +0000
The EU dropped its final investigations months after fining MasterCard 570.6 million euros ($636 million) in another probe over payment rules. “This, together with our January 2019 decision on MasterCard’s cross-border card payment services, will lead to lower prices for European retailers to do business, ultimately to the benefit of all consumers,” Margrethe Vestager, the EU’s competition commissioner, said in a statement. Under the pact, debit card fees will fall to 0.2 percent of a transaction and credit card fees will be cut to 0.3 percent, the same for European cards.
EU accepts Visa and Mastercard fees offer to end antitrust probe
Mon, 29 Apr 2019 10:34:57 +0000
The European Union has accepted an offer by Visa and Mastercard to cut fees on payments made by tourists using cards issued outside the bloc to stave off fines and end an EU antitrust investigation. The European Commission, which has waged a decades-long crackdown on payment and credit card fees, says that so-called interchange fees in which the merchant's bank pays a charge to the cardholder's bank, result in higher prices for consumers. “This, together with our January 2019 decision on Mastercard's cross-border card payment services, will lead to lower prices for European retailers to do business, ultimately to the benefit of all consumers,” Europe's antitrust chief Margrethe Vestager said in a statement.
Stocks – Disney, Tesla Gain in Premarket, Spotify, AMC Soar, Boeing Falls
Mon, 29 Apr 2019 08:10:00 +0000
Investing.com – Stocks in focus in premarket trade Monday:
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