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 9.89% return on risk over the next 17 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 $0.45 would be kept by the premium seller. The risk of $4.55 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 misses 3Q profit forecasts
Wed, 05 Nov 2014 23:12:46 GMT
Prudential misses 3Q profit forecasts
Wed, 05 Nov 2014 23:12:46 GMT
Prudential misses estimates as losses from derivatives soar
Wed, 05 Nov 2014 22:59:20 GMT
Genworth Posts $844 Million Loss on Long-Term Care Shortfall
Wed, 05 Nov 2014 22:40:45 GMT
Prudential misses estimates as losses from derivatives soar
Wed, 05 Nov 2014 22:39:01 GMT
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