Simon Property's most recent trend suggests a bullish bias. One trading opportunity on Simon Property is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 14.68% 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 $115.00 by expiration. The full premium credit of $1.28 would be kept by the premium seller. The risk of $8.72 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Simon Property 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 Simon Property is bullish.
The RSI indicator is at 71.65 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 Simon Property
2 Mall REITS to Buy in May
Mon, 03 May 2021 11:00:26 +0000
Here are two mall REITs to consider before the U.S. returns to normalcy.
How Safe Is Simon Property Group and Its Dividend?
Thu, 29 Apr 2021 11:17:00 +0000
Given that the term “retail apocalypse” is a part of the investor vernacular, and 2020 was particularly tough on retailers, how safe is a real estate investment trust (REIT) that operates shopping malls? Simon Property Group (NYSE: SPG) went through a decline in earnings and a dividend cut, but has emerged on the other side of COVID-19 crisis. While government-imposed closures negatively affected just about every company in the U.S., social distancing orders took center aim at shopping malls, as they were considered non-essential businesses.
Top 10 REIT Stocks Under $10
Tue, 27 Apr 2021 11:36:00 +0000
In this article we will take a look at the top 10 REIT stocks under $10 that are currently very attractive. You can skip our detailed analysis of the real estate industry’s outlook for 2021 and some of the major growth catalysts for REIT stocks and go directly to the Top 5 REIT Stocks Under […]
What Is a Retail Sale? Why Retail Investors Should Care
Sun, 25 Apr 2021 18:00:04 +0000
Retailers big and small are working to rebuild their relationship with consumers and landlords alike as shoppers emerge from the pandemic. “If the store interaction is important to [retailers], we don't want our sales to be reduced because the store is providing a service,” the newspaper quoted Simon from an analyst call in February.
Simon Gets an Upgrade — but Don't Get Too Excited
Sun, 25 Apr 2021 16:00:24 +0000
Simon Property Group was recently upgraded by Jefferies, but investors shouldn't read too much into that call. Here's why.
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