Pulte Group's most recent trend suggests a bullish bias. One trading opportunity on Pulte Group is a Bull Put Spread using a strike $43.50 short put and a strike $38.50 long put offers a potential 14.94% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $43.50 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $38.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Pulte Group 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 Pulte Group is bullish.
The RSI indicator is at 79.56 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 Pulte Group
Lacklustre Performance Driving PulteGroup, Inc.'s (NYSE:PHM) P/E
Thu, 06 Aug 2020 12:07:49 +0000
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may…
Moving Average Crossover Alert: PulteGroup
Wed, 05 Aug 2020 14:35:02 +0000
PulteGroup, Inc. (PHM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Real-estate reckoning on ‘master bedrooms’ as a racist term took place after years of discussion — yet many home builders dropped the term years ago
Wed, 05 Aug 2020 08:38:00 +0000
A growing number of real-estate professionals have stopped using the phrase ‘master bedroom’ amid a broader societal rethink of the language we use.
PHM or NVR: Which Is the Better Value Stock Right Now?
Tue, 04 Aug 2020 15:40:03 +0000
PHM vs. NVR: Which Stock Is the Better Value Option?
The Zacks Analyst Blog Highlights: PulteGroup, Quidel, D.R. Horton and West Pharmaceutical Services
Tue, 04 Aug 2020 13:24:01 +0000
The Zacks Analyst Blog Highlights: PulteGroup, Quidel, D.R. Horton and West Pharmaceutical Services
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