Mastercard (MA) Offering Possible 29.87% Return Over the Next 27 Calendar Days

Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $305.00 short put and a strike $300.00 long put offers a potential 29.87% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $305.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $300.00 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 55.4 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 (MA) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
Thu, 23 Jul 2020 16:33:04 +0000
MasterCard (MA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Is MA Stock A Buy Right Now? Here's What Earnings, Mastercard Stock Chart Show
Thu, 23 Jul 2020 16:20:58 +0000
In the week ended Aug. 4, 2006, MA stock cleared the high of that base in heavy volume. This breakout set the stage for a 6,760% run to a 347.25 new high set on Feb. 20 this year.

PayPal is Set to Make Cryptocurrency Trading Mainstream?
Thu, 23 Jul 2020 14:36:09 +0000
Last month, rumors began circulating that online international payment giant PayPal Holdings Inc. (NASDAQ:PYPL) had plans to enter the cryptocurrency industry, and will soon begin offering cryptocurrency buying and selling functionality. These rumors appear to have been confirmed by a recently published letter, which clearly describes PayPal's intent to develop its capabilities in the cryptocurrency […]

WeWork Said to Lose Major Tenant in Japan as Rakuten Exits
Wed, 22 Jul 2020 00:45:00 +0000
(Bloomberg) — WeWork, the troubled co-working giant backed by SoftBank Group Corp., is set to suffer the loss of a major tenant in Japan as Rakuten Inc. exits, according to people familiar with the matter.Rakuten, a Japanese e-commerce giant, will let its contract run out in August without renewing, the people said, asking not to be identified because the details are private. That will leave about 700 desks empty in Tokyo. Rakuten is moving staff in its financial tech arm from the co-working spaces into its new offices, one of the people said.Spokespersons for Rakuten and WeWork declined to comment.Shared offices around the world emptied out as the number of coronavirus infections mounted earlier this year. But even as the pandemic subsides in certain areas, it’s not clear tenants will return. WeWork’s short leases make it particularly vulnerable to budget cutbacks, while its dense office layouts run counter to new social distancing norms. Many firms have also discovered working from home to be a viable alternative.Japan is an important market for WeWork in part because it is home to SoftBank. The Japanese conglomerate bailed out the co-working startup last October after its initial public offering attempt imploded and now owns about 80% of the company. A month later, SoftBank’s founder Masayoshi Son cited WeWork’s Japanese operations, which were profitable at the time, as the reason he was convinced the business can be turned around.WeWork’s Escape Plan Is Buried in the Books at Its Tokyo OfficeWeWork’s higher proportion of large corporate clients in Japan, including SoftBank, has helped it weather the first wave of the pandemic better than it has in other markets. Still, it saw occupancy plunge to about 60%, one of the people familiar said, describing the current situation as dire. Occupancy is key for pulling out of the red and was over 90% for Tokyo locations late last year. In addition to Rakuten, WeWork Japan is also losing smaller tenants including publisher Kadokawa Corp. and Oyo Hotels, another SoftBank company. Kadokawa and Oyo didn’t immediately respond to requests for comment.Even before the virus hit, WeWork was already cutting costs worldwide and freezing expansion to focus on profitability. The New York-based company responded to the outbreak by offering some tenants discounts to minimize cancellations amid government-mandated quarantines. It also hasn’t paid rent for some locations and has approached landlords regarding rent abatements, revenue-sharing agreements and other lease amendments as it seeks to trim liabilities.But the outbreak has also created new sources of demand for WeWork, as companies seek to distribute their workforces over a greater geographic area, according to a separate person with close knowledge of WeWork’s operations. Outside Japan, the company has succeeded in attracting major new tenants recently, including Mastercard Inc. and TikTok-owner Bytedance Ltd., the person said asking not to be named. Microsoft Corp. is moving its Tel Aviv development center to a WeWork location, while drug maker Merck & Co. signed a lease in New Jersey, according to media reports.WeWork is on track for positive cash flow in 2021, Executive Chairman Marcelo Claure told the Financial Times earlier this month, without giving further details. The company had previously targeted cash-flow positive by 2023 and positive adjusted earnings before interest, taxes, depreciation and amortization by 2021.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

MasterCard (MA) Stock Sinks As Market Gains: What You Should Know
Tue, 21 Jul 2020 21:45:09 +0000
MasterCard (MA) closed at $307.60 in the latest trading session, marking a -1.4% move from the prior day.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.