Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $82.50 short put and a strike $75.00 long put offers a potential 21.95% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $6.15 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Prudential is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Prudential is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Prudential
Prudential Said to Hire Ex-Morgan Stanley Strategist
Fri, 31 Jan 2014 18:43:26 GMT
Squawking Henny Youngman, supermodels, selloff
Thu, 30 Jan 2014 16:46:13 GMT
Insurance companies push to limit more federal regulation, WSJ reports
Tue, 28 Jan 2014 12:42:11 GMT
U.S. senators slam study on systemic risks posed by asset managers
Fri, 24 Jan 2014 20:18:18 GMT
Systemic Risk Stems From Asset-Liability Mismatches
Thu, 23 Jan 2014 12:59:27 GMT
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