Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 7.53% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Procter & Gamble 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 Procter & Gamble is bullish.
The RSI indicator is at 67.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Procter & Gamble
Credit Swaps in U.S. Rise; Procter & Gamble Plans Benchmark Sale
Wed, 30 Oct 2013 17:10:07 GMT
Bloomberg – A measure of U.S. company credit risk increased before the Federal Reserve’s policy announcement following a two-day meeting. Procter & Gamble Co. is planning a benchmark bond sale.
Newscast: The Dow and S&P back in the record books
Wed, 30 Oct 2013 14:02:48 GMT
MarketWatch – And more big rigs are fueled with natural gas. MarketWatch's Ann Cates reports.
Procter & Gamble Expands Partnership with the American Red Cross Through the Disaster Responder Program
Wed, 30 Oct 2013 13:11:00 GMT
Business Wire – Procter & Gamble is expanding its partnership with The American Red Cross by joining the Disaster Responder Program to support Red Cross disaster response work nation
P&G Profit Rises 7.6% as Home Care Sales Gain
Wed, 30 Oct 2013 13:03:05 GMT
Bloomberg – Procter & Gamble Co., the world’s largest consumer-products maker, said fiscal first-quarter profit rose 7.6 percent as sales of home-care goods and baby products gained.
Redskins Nickname Seen Rooted to Bottom Line Over Obama Critique
Wed, 30 Oct 2013 13:00:02 GMT
Bloomberg – Losing money, not criticism from the White House or public, probably is the only factor that would prompt Washington Redskins owner Dan Snyder to change his football team’s nickname, according to a brand …
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