Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $89.00 short put and a strike $84.00 long put offers a potential 14.42% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $89.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $84.00 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 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 Procter & Gamble
[$$] Detergent Packets Called a Poison Risk
Mon, 10 Nov 2014 06:37:47 GMT
The Wall Street Journal – Laundry detergent capsules like the ones popularized by Procter & Gamble’s Tide Pods pose serious poisoning risks to young children, according to a new medical study.
Argentina Adds GE, Ambev to Probe
Fri, 07 Nov 2014 19:46:00 GMT
Slide in IBM hurts Buffett
Fri, 07 Nov 2014 18:04:00 GMT
Is the DJIA undervalued?
Fri, 07 Nov 2014 17:45:55 GMT
The Thorns, Roses, All Time Highs, and ETF All Time Highs…
Wed, 05 Nov 2014 22:46:38 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook