Ross Stores's most recent trend suggests a bullish bias. One trading opportunity on Ross Stores is a Bull Put Spread using a strike $72.50 short put and a strike $62.50 long put offers a potential 9.29% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $9.15 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Ross Stores 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 Ross Stores is bullish.
The RSI indicator is at 46.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ross Stores
Does Aeropostale Have Further To Fall?
Tue, 17 Dec 2013 22:32:07 GMT
US close: Taper fears keep markets flat despite budget deal
Mon, 16 Dec 2013 07:35:00 GMT
ROSS STORES INC Financials
Sat, 14 Dec 2013 18:04:14 GMT
Believe It Or Not: A Quality Retailer Exists
Wed, 11 Dec 2013 22:30:10 GMT
ROSS STORES INC Files SEC form 10-Q, Quarterly Report
Wed, 11 Dec 2013 11:00:57 GMT
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