Raytheon's most recent trend suggests a bullish bias. One trading opportunity on Raytheon is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 8.7% 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 $97.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Raytheon 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 Raytheon is bullish.
The RSI indicator is at 73.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Raytheon
Pentagon Triples Size of Raytheon's Standard Missile Contract on Wednesday
Thu, 06 Mar 2014 00:43:56 GMT
Raytheon wins $350 mln deal for SM-3 missiles
Wed, 05 Mar 2014 22:39:49 GMT
Reuters – Raytheon Co has won a contract valued at up to $350 million to increase the number of Standard Missile-3 Block 1B missiles and other materials to 44 from 8, the U.S. Defense Department said on Wednesday. …
Raytheon awarded $350.18M government contract modification
Wed, 05 Mar 2014 22:09:34 GMT
Raytheon partners with NCCDC to become the title sponsor of nation's largest cyber tournament for college students
Tue, 04 Mar 2014 23:21:11 GMT
noodls – DULLES, Va., March 4, 2014 /PRNewswire/ — Raytheon Company (NYSE: RTN) announced a three-year partnership as the title sponsor of the Raytheon National Collegiate Cyber Defense Competition (NCCDC). In …
Pentagon aims to replace Raytheon missile defense interceptor
Tue, 04 Mar 2014 18:15:37 GMT
Reuters – The U.S. Defense Department's fiscal 2015 budget includes $8.5 billion in funding for missile defense programs and reaffirms the Obama administration's plan to build 14 additional ground-based interceptors by 2017. The budget request, which must still be approved by Congress, includes $99.5 million for design of a new common “kill vehicle,” the top part of the ground-based interceptor that hits and destroys an incoming enemy missile on contact. The new kill vehicle would eventually replace the current kill vehicle built by Raytheon Co, which has suffered several test failures, the Pentagon said in budget documents.
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