PNC Financial (PNC) Offering Possible 25.63% Return Over the Next 22 Calendar Days

PNC Financial's most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $142.00 short put and a strike $137.00 long put offers a potential 25.63% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $142.00 by expiration. The full premium credit of $1.02 would be kept by the premium seller. The risk of $3.98 would be incurred if the stock dropped below the $137.00 long put strike price.

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

The RSI indicator is at 76.71 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for PNC Financial

The Banking Sector’s Top-Paid CEOs
Mon, 23 Jul 2018 16:12:47 +0000
InvestorPlace is checking out a list of the top-paid CEOs in the banking sector.Source: Shutterstock

Bank Notes: Santander joins TD in adding nCino business banking operating system
Mon, 23 Jul 2018 11:00:00 +0000
The bank said it will cut the time it takes to deliver loan decisions from start to finish by approximately 40 percent.

BB&T (BBT) Posts In-Line Earnings in Q2, Provisions Stable
Thu, 19 Jul 2018 12:18:12 +0000
BB&T's (BBT) Q2 results benefit from higher revenues and lower expenses.

Federal Reserve should ease rules for largest non-global U.S. banks -official
Wed, 18 Jul 2018 19:11:51 +0000
The U.S. Federal Reserve should consider formally easing the regulatory framework for U.S. banks that have more than $250 billion in assets but are not global players, a top Fed official said on Wednesday. The comments by Fed vice chair Randal Quarles will be cheered by the country's three super-regional lenders PNC , Capital One and U.S. Bancorp, which worried they would be hurt by a rewrite of the 2010 Dodd-Frank law passed by Congress in May that helped their smaller rivals.

Pittsburgh bank names first Houston president
Wed, 18 Jul 2018 18:51:28 +0000
Pittsburgh-based PNC Financial Services Group Inc. appointed its first regional president and local leadership team as the bank continues to establish its Houston presence.  Julie Young Sudduth will serve as regional president effective immediately, and will head the local leadership team, the bank announced in a July 17 statement. Most recently, Sudduth worked as an executive vice president with Louisiana-based IberiaBank, and has previously held multiple leadership roles at Amegy Bank.

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