McKesson's most recent trend suggests a bullish bias. One trading opportunity on McKesson is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 11.73% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $160.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McKesson 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 McKesson is bullish.
The RSI indicator is at 53.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McKesson
McKesson Management Discusses Q3 2014 Results – Earnings Call Transcript
Fri, 31 Jan 2014 02:10:14 GMT
Seeking Alpha – John H. Hammergren Thank you, Erin, and thanks, everyone, for joining us on our call. As you've seen in the press release we issued this afternoon announcing our third quarter financial results, we incurred …
McKesson trims full-year outlook, cites taxes, charges
Thu, 30 Jan 2014 23:49:23 GMT
McKesson says Celesio acquisition will not have ‘meaningful impact' on Q4
Thu, 30 Jan 2014 23:14:20 GMT
McKesson beats forecasts on down earnings; shares climb after hours
Thu, 30 Jan 2014 22:30:00 GMT
[$$] McKesson Profit Falls 79%
Thu, 30 Jan 2014 22:02:05 GMT
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