Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $84.00 short put and a strike $79.00 long put offers a potential 6.38% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $84.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $79.00 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 61.77 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
How the Swash Got Laughed Out of the Room — and Into Your Home (It Hopes)
Tue, 28 Oct 2014 04:01:00 GMT
Cramer: Dazed and confused market
Mon, 27 Oct 2014 22:00:00 GMT
Today's Market Thorns, Roses, and All Time Highs…
Mon, 27 Oct 2014 21:04:50 GMT
S&P 500 trades in a narrow range, up against key technical levels
Mon, 27 Oct 2014 20:34:00 GMT
Wella Professionals Launches Partnership with Match
Mon, 27 Oct 2014 18:07:00 GMT
Business Wire – You never get a second chance to make a first impression, especially on a first date! To help single women across the country during these moments, Wella Professionals, the hair color, care and styling authority, is partnering with the world’s largest online dating company, Match.
Related Posts
Also on Market Tamer…
Follow Us on Facebook