PNC Financial (PNC) Offering Possible 28.21% Return Over the Next 9 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 $140.00 short put and a strike $135.00 long put offers a potential 28.21% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $135.00 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 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 PNC Financial

Harris Williams Advises Midwest Dental on its Sale to Smile Brands Inc.
Wed, 02 Dec 2020 13:19:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Midwest Dental, a portfolio company of FFL Partners (FFL), on its sale to Smile Brands Inc. (Smile Brands), a portfolio company of Gryphon Investors (Gryphon). Midwest Dental is a leading dental service organization with over 230 clinics in 17 states. The transaction was led by James Clark, Andy Dixon, Tyler Bradshaw, Andrew Hoft and Cameron Thomas of the Harris Williams Healthcare & Life Sciences (HCLS) Group.

Harris Williams Advises FullSpeed Automotive on its Sale to MidOcean Partners
Tue, 01 Dec 2020 16:21:00 +0000
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised FullSpeed Automotive (FullSpeed), a portfolio company of CenterOak Partners LLC (CenterOak), on its sale to MidOcean Partners (MidOcean). FullSpeed is one of the largest franchisers and operators of automotive service centers, primarily under the Grease Monkey and SpeeDee brands. The transaction was led by Joe Conner, Frank Mountcastle, Jeff Burkett, Jonathan Meredith, Elliott Yousefian and Michael Meyer of the Harris Williams Transportation & Logistics (T&L) Group.

10 Best Bank Stocks To Buy Right Now
Sat, 28 Nov 2020 21:27:03 +0000
In this article we present the list of 10 best bank stocks to buy right now according to hedge funds. Click to skip ahead and see the top 5 bank stocks to buy today. You might feel like this is the absolute worst time to invest in bank stocks. Financial Select Sector SPDR Fund (XLF) […]

Shares of Spain’s Banco de Sabadell Tumble After Merger Talks With BBVA Are Called Off
Fri, 27 Nov 2020 16:23:00 +0000
Investors dumped shares of Banco de Sabadell on Friday, after hopes of a tie-up with bigger rival BBVA were crushed.

Price Over Earnings Overview: PNC Financial Services
Wed, 25 Nov 2020 14:54:49 +0000
Right now, PNC Financial Services Gr Inc. (NYSE: PNC) share price is at $139.40, after a 0.52% drop. Over the past month, the stock increased by 28.22%, but over the past year, it actually decreased by 9.01%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. The stock is currently higher from its 52 week low by 75.54%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Banks stocks, and capitalize on the lower share price observed over the year. The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. View more earnings on PNCDepending on the particular phase of a business cycle, some industries will perform better than others. PNC Financial Services Gr Inc. has a better P/E ratio of 19.01 than the aggregate P/E ratio of 16.19 of the Banks industry. Ideally, one might believe that PNC Financial Services Gr Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors can become unable to attain key insights from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Understanding PNC Financial Services Gr's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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.