Simon Property's most recent trend suggests a bearish bias. One trading opportunity on Simon Property is a Bear Call Spread using a strike $155.00 short call and a strike $165.00 long call offers a potential 15.61% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $8.65 would be incurred if the stock rose above the $165.00 long call 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 down which suggests that the medium-term momentum for Simon Property is bearish.
The RSI indicator is at 31.58 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
Hedge Funds Are Piling Into Simon Property Group, Inc (SPG)
Wed, 08 Dec 2021 18:09:39 +0000
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Simon Property Group Announces Appointment of Peggy Fang Roe to its Board of Directors
Wed, 08 Dec 2021 13:30:00 +0000
Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that Peggy Fang Roe has been appointed to its Board of Directors. Ms. Roe is the Global Officer, Customer Experience, and Loyalty & New Ventures at Marriott International, a position which she has held since 2020.
Best Income Stocks to Buy for December 6th
Mon, 06 Dec 2021 12:06:12 +0000
RC, GSK, BNS, and SPG made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 6, 2021.
Boeing, Snowflake, Five Below Rise Premarket; Apple Falls
Thu, 02 Dec 2021 07:56:49 +0000
By Peter Nurse
Why Is Simon Property (SPG) Down 3.9% Since Last Earnings Report?
Wed, 01 Dec 2021 16:30:04 +0000
Simon Property (SPG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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