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 6.84% return on risk over the next 37 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 $0.32 would be kept by the premium seller. The risk of $4.68 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 62.26 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
Business Highlights
Thu, 14 Aug 2014 22:11:12 GMT
AP – ___ Airport tests new way to avoid deadly bird strikes When birds and planes collide, the results can be deadly. That's why airports around the world work hard to keep birds away, even resorting to shooting …
Shoppers Ditch Colgate Total as Triclosan Fears Damage Brand
Thu, 14 Aug 2014 21:14:41 GMT
U.S. Markets Close Higher, Red Robbin Serves Disappointing Earnings
Thu, 14 Aug 2014 20:43:00 GMT
Citi Could Hit A Branding Grand Slam
Thu, 14 Aug 2014 15:26:00 GMT
Prilosec OTC Makes Final Stop of Zero Burn* Summer Tour at Chicago Air and Water Show
Thu, 14 Aug 2014 13:00:00 GMT
Business Wire – Prilosec OTC, the #1 Pharmacist recommended^ over-the-counter medicine for the treatment of frequent heartburn, has teamed up with Hall of Famer and Chicago legend Dan Hampton to c
Related Posts
Also on Market Tamer…
Follow Us on Facebook