Prudential's most recent trend suggests a bearish bias. One trading opportunity on Prudential is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 14.16% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 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 rose above the $92.50 long call 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 at 49.21 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 Prudential
Prudential Short Duration High Yield Fund, Inc. and Prudential Global Short Duration High Yield Fund, Inc. Amend Distribution Record Date for March 2014, and Reaffirm Distributions for April and May 2014
Mon, 17 Mar 2014 20:17:00 GMT
Business Wire – Prudential Short Duration High Yield Fund, Inc. and Prudential Global Short Duration High Yield Fund, Inc. announced today that the record date for the previously announced March distributions will now be Thursday, March 27th.
Prudential Retirement Names New Head of Investments for Full Service Business
Mon, 17 Mar 2014 14:08:22 GMT
noodls – 17 March 2014 NEWARK, N.J., March 17, 2014 – Prudential Retirement, a business unit of Prudential Financial, Inc., announced that it has named Srinivas Reddy to a newly created role overseeing investments …
Pramerica Systems Ireland Ltd. named among ‘Ireland’s Best Workplaces’
Mon, 17 Mar 2014 14:00:00 GMT
Business Wire – Pramerica Systems Ireland Limited, a Prudential Financial, Inc. was named among Ireland’s Best Workplaces by Great Place to Work® Ireland. Pramerica earned the Num
Prudential Retirement Names New Head of Investments for Full Service Business
Mon, 17 Mar 2014 13:47:00 GMT
Business Wire – Prudential Retirement, a business unit of Prudential Financial, Inc., announced that it has named Srinivas Reddy to a newly created role overseeing investments for its Full Service business as of Monday, March 17.
Social Security: What You Get by Delaying Benefits
Sun, 16 Mar 2014 12:31:57 GMT
Motley Fool – Many take Social Security as soon as they possibly can, but by doing so, they miss out on a lot. Find out just how much here.
Related Posts
Also on Market Tamer…
Follow Us on Facebook