Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $97.00 short put and a strike $92.00 long put offers a potential 16.01% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $92.00 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 73.07 level which suggests that the stock is neither overbought nor oversold at this time.
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
PRESS DIGEST – Wall Street Journal – Feb 11
Mon, 11 Feb 2019 05:29:43 +0000
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. – Makers of household staples from diapers to toilet paper like …
Prepare to Pay More for Diapers, Clorox and Cat Litter
Mon, 11 Feb 2019 00:00:00 +0000
Makers of household staples from diapers to toilet paper are set to raise prices again this year after already hiking prices in 2018, hoping to offset higher commodity costs and boost profits. “The good news is that competitors are raising [prices] in those categories as we speak,” Church & Dwight Chief Executive Matthew Farrell said on a conference call last week when the company reported higher quarterly sales and lower profits. The company is now discussing more price increases with retailers, including for personal-care products, Mr. Farrell told analysts Tuesday.
What Is a Stakeholder and Why Is It Important for Business?
Sun, 10 Feb 2019 16:38:00 +0000
A lot of terms get bandied about by corporations and investors, but few can be more confusing than the term stakeholder. What Is a Stakeholder? A stakeholder is anyone who has a “stake” in the success of a business – a person who can be affected by, or affect, the operations of a business.
The Rise of Online Retail Has Cascading Effects for Corporate America
Sat, 09 Feb 2019 14:04:00 +0000
Now and in the future, changes in retail may affect companies you wouldn't think.
ADDING MULTIMEDIA Six-Time Super Bowl Champion Tom Brady Joined Gillette for a Victory Shave to Benefit Local Boston Charities
Sat, 09 Feb 2019 00:26:00 +0000
Playoff Scruff Retired for the Season to Benefit Hometown Non-profits Committed to Making a Difference in Boston and Beyond
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