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 31.58% return on risk over the next 16 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 $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $38.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Pulte Group 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 up which suggests that the medium-term momentum for Pulte Group 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 Pulte Group
The Zacks Analyst Blog Highlights: Meritage Homes, MarineMax, PulteGroup, Clearfield and CyberOptics
Fri, 31 Jul 2020 17:57:05 +0000
The Zacks Analyst Blog Highlights: Meritage Homes, MarineMax, PulteGroup, Clearfield and CyberOptics
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Fri, 31 Jul 2020 17:08:05 +0000
The Zacks Analyst Blog Highlights: PulteGroup, American Water Works, Kinross, AdaptHealth and Procter & Gamble
9 Of July's Top 10 Stocks Aren't In Technology
Fri, 31 Jul 2020 12:00:07 +0000
Given the attention on S&P; 500 tech stocks, you might think that's all that matters. But the S&P; 500's winners in July reveal there's life outside of tech.
The Zacks Analyst Blog Highlights: Meritage Homes, PulteGroup, Silgan, D.R. Horton and Nu Skin
Thu, 30 Jul 2020 15:57:03 +0000
The Zacks Analyst Blog Highlights: Meritage Homes, PulteGroup, Silgan, D.R. Horton and Nu Skin
PulteGroup Reports Massive Upturn in Orders During June. Is the Stock a Buy?
Wed, 29 Jul 2020 13:57:26 +0000
Just about every builder has reported a sea change in traffic and inquiries between the months of March and May. PulteGroup (NYSE: PHM) gave its version of the story last week in its second-quarter earnings report.
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