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 7.07% return on risk over the next 11 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 $0.33 would be kept by the premium seller. The risk of $4.67 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
Procter & Gamble Could Spin Off Duracell
Tue, 11 Nov 2014 17:32:16 GMT
P&G and Walmart Team Up With Chicago Bears’ Jared Allen in Support of Veterans
Tue, 11 Nov 2014 14:00:00 GMT
Business Wire – In honor of Veteran’s Day, Procter & Gamble and Walmart are partnering with Jared Allen, defensive end for the Chicago Bears, and his foundation, Jared Allen’s Homes
What do Carl Icahn, Bill Gross and Charlie Munger have in common?
Tue, 11 Nov 2014 13:09:18 GMT
P&G Professional™ University Provides Free Continuing Education Online for ISSA, IEHA and AHLEI Professionals
Tue, 11 Nov 2014 12:30:00 GMT
Business Wire – P&G Professional™ today announced that it will offer free, web-based educational content at P&G Professional University to members and certified professionals seeking continuing education.
Tigress Financial Remains On The Sidelines Following Colgate-Palmolive, Procter & Gamble Earnings
Mon, 10 Nov 2014 19:15:47 GMT
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