Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 7.53% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 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 $72.50 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 76.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Procter & Gamble
Global Jitters Shake Futures
Wed, 23 Oct 2013 11:33:00 GMT
TheStreet – Earnings are in the spotlight after Asian markets fell.
[$$] P&G Chief to Sit Out Quarterly Calls With Investors
Wed, 23 Oct 2013 04:17:26 GMT
The Wall Street Journal – P&G Chief Executive A.G. Lafley is opting out of a corporate ritual: quarterly conference calls with investors.
Staying Zen During Market Ups and Downs
Tue, 22 Oct 2013 21:30:12 GMT
Motley Fool – If the past couple of weeks have taught us anything, it’s to keep calm amid political confusion and market volatility.
P&G’s CEO Lafley Won’t Speak on Most Earnings Calls
Tue, 22 Oct 2013 19:14:07 GMT
Bloomberg – Procter & Gamble Co. Chief Executive Officer A.G. Lafley won’t speak on the company’s first-quarter earnings call Oct. 25 and only will participate at major investor meetings and the year-end call in August….
P&G's Lafley to Give Quarterly Earnings Calls a Miss
Tue, 22 Oct 2013 17:15:18 GMT
The Wall Street Journal – The CEO will stay away from the calls in a move the company says will “put even greater emphasis on annual results,” as it seeks to move away from quarterly guidance
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