Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 14.16% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Prudential 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 Prudential 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 Prudential
Prudential Hires Goldman’s Cignarella to Oversee $33 Billion
Tue, 19 Nov 2013 19:19:30 GMT
Bloomberg – Prudential Financial Inc., the second-largest U.S. life insurer, hired Robert Cignarella from Goldman Sachs Group Inc. as co-head of global leveraged finance.
Prudential donates $250,000 to help victims of Typhoon Haiyan
Tue, 19 Nov 2013 19:11:37 GMT
noodls – NEWARK, N.J., November 19, 2013 – Prudential Financial, Inc. (NYSE:PRU) today announced that it will donate $250,000 to assist in the relief efforts for survivors of Typhoon Haiyan in the Philippines. …
Prudential Fixed Income names Robert Cignarella to co-head of Global Leveraged Finance
Tue, 19 Nov 2013 18:58:00 GMT
Business Wire – Prudential Fixed Income will name Robert Cignarella co-head of Global Leveraged Finance, responsible for leading the leveraged investment management effort together with Paul Appleby, managing director and current head of Prudential Fixed Income's Leveraged Finance Team, the company announced today.
Prudential donates $250,000 to help victims of Typhoon Haiyan
Tue, 19 Nov 2013 18:38:00 GMT
Business Wire – Prudential Financial, Inc. today announced that it will donate $250,000 to assist in the relief efforts for survivors of Typhoon Haiyan in the Philippines.
The Zacks Analyst Blog Highlights: Tesla Motors, Prudential Financial, Hartford Financial Services Group, Kemper and Old Republic International
Tue, 19 Nov 2013 12:41:25 GMT
Zacks – The Zacks Analyst Blog Highlights: Tesla Motors, Prudential Financial, Hartford Financial Services Group, Kemper and Old Republic International
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