Norfolk Southern (NSC) Offering Possible 11.11% Return Over the Next 14 Calendar Days

Norfolk Southern's most recent trend suggests a bullish bias. One trading opportunity on Norfolk Southern is a Bull Put Spread using a strike $282.50 short put and a strike $277.50 long put offers a potential 11.11% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $282.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $277.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Norfolk Southern 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 Norfolk Southern is bullish.

The RSI indicator is at 71.35 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 Norfolk Southern

Norfolk Southern Dangles Duration Bet With 100-Year Bond Sale
Mon, 03 May 2021 19:36:11 +0000
(Bloomberg) — Norfolk Southern Corp. is betting investors aren’t that afraid of rising yields after all.The railroad operator sold $600 million of 100-year corporate bonds, the first to hit the market since 2018, which were also sold by the company. Monday’s offering will be just the ninth century bond issued by a corporation since 2005, according to data compiled by Bloomberg.Investors have recently shied away from taking on duration risk as bond yields rise amid an economic recovery from the pandemic. However, there are signs they’re starting to warm up to longer-dated bonds again as 30-year Treasury yields stabilize and volatility subsides, encouraging more companies to issue further out the curve.Read more: JPMorgan to BlackRock turn away from duration as economies openBonds maturing in 10 years or more generated total returns of 1.7% in April, the most of any high-grade maturity bucket, according to Bloomberg Barclays index data. EBay Inc., Equinix Inc. and Southern Co. are among high-grade companies selling 30-year debt Monday.While century bonds — especially those from companies — are rare, countries tend to be more common issuers. Peru sold $4 billion of such debt in November, back when the 30-year yielded around 1.5%. It’s now up to nearly 2.3%.Norfolk’s century bond will yield 180 basis points over Treasuries, about 20 basis points less than initial discussions, and proceeds will be used for general corporate purposes, according to a person with knowledge of the matter. It’s also selling $500 million of 10-year notes to be allocated for green projects.Bank of America Corp., Morgan Stanley and Wells Fargo & Co. managed the deal, said the person, who asked not to be identified as the details are private.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

3 Fast-Growing Revenue Per Share Stocks
Sun, 02 May 2021 20:59:48 +0000
CME Group tops the list

Norfolk Southern Corp (NSC) Q1 2021 Earnings Call Transcript
Wed, 28 Apr 2021 22:00:39 +0000
NSC earnings call for the period ending March 31, 2021.

Norfolk Southern (NSC) Q1 Earnings Beat, Volumes Up 3% Y/Y
Wed, 28 Apr 2021 15:21:03 +0000
Norfolk Southern's (NSC) Q1 results benefit from higher volumes and reduced costs.

Norfolk Southern (NSC) Beats Q1 Earnings and Revenue Estimates
Wed, 28 Apr 2021 13:25:01 +0000
Norfolk Southern (NSC) delivered earnings and revenue surprises of 4.31% and 0.97%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

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.