Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $124.00 short put and a strike $119.00 long put offers a potential 8.93% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $124.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $119.00 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
These Acquisitions Could Drive MasterCard’s Performance in 2H17
Thu, 08 Jun 2017 20:35:44 +0000
MasterCard (MA) expects new payment flows and customer retention to rise in the upcoming quarters on the back of two major acquisitions, VocaLink and NuData.
Credit Card Giant Heads For Buy Point, Rivals Near Sell: Investing Action Plan
Thu, 08 Jun 2017 20:28:02 +0000
Citigroup stock is breaking out from a buy point but American Express is clawing its way to its own entry as well, while Visa and Mastercard may soon flash sell signals.
Someone hacked my credit card and bought $15,001 of American Girl dolls
Thu, 08 Jun 2017 20:01:54 +0000
$15,001. That was the staggering total attempted. It would typically take me three or four months to accrue that kind of bill; this jerk did it in seven minutes.
How MasterCard Plans to Expand Presence in Middle East
Thu, 08 Jun 2017 19:05:43 +0000
MasterCard's (MA) growth trajectory in the Middle East is expected to continue in the upcoming quarters.
Why MasterCard’s Earnings Could Be on the Rise
Thu, 08 Jun 2017 17:26:52 +0000
MasterCard is expected to post EPS of $4.3 in 2017, a rise of 14.1% on a year-over-year basis.
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