MetLife's most recent trend suggests a bullish bias. One trading opportunity on MetLife is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 15.74% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $43.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for MetLife 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 MetLife is bullish.
The RSI indicator is at 67.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for MetLife
Pru drops opposition to stricter oversight
Fri, 18 Oct 2013 22:14:35 GMT
Financial Times – Prudential Financial, the US insurer, has dropped its opposition to being designated a “systemically important financial institution”, in a blow to other non-bank financial groups that are trying …
Prudential Abandons Fight With Lew’s Panel on Systemic Risk
Fri, 18 Oct 2013 20:14:52 GMT
Bloomberg – Prudential Financial Inc., the second-largest U.S. life insurer, abandoned its challenge of a U.S. designation that subjects the company to increased regulatory scrutiny.
MetLife Receives Regulatory Approval to Set Up Representative Office in Myanmar
Thu, 17 Oct 2013 07:03:00 GMT
PR Newswire – HONG KONG, Oct. 17, 2013 /PRNewswire/ — MetLife announced today that it has received the regulatory approval from Myanmar's Directorate of Investment and Company Administration to establish a representative …
Trade-Ideas: MetLife (MET) Is Today's Strong And Under The Radar Stock
Wed, 16 Oct 2013 14:19:00 GMT
TheStreet – Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Trade-Ideas …
MetLife Gets Foot in Myanmar's Door
Wed, 16 Oct 2013 11:20:54 GMT
The Wall Street Journal – The U.S. insurer has been granted a license to open a representative office in Myanmar as it seeks to tap markets across Southeast Asia.
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