Simon Property's most recent trend suggests a bearish bias. One trading opportunity on Simon Property is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 5.04% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $9.52 would be incurred if the stock rose above the $185.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Simon Property 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 down which suggests that the medium-term momentum for Simon Property is bearish.
The RSI indicator is at 27.45 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
March Madness: Score Points With These Durable REITs
Mon, 27 Mar 2017 11:00:00 GMT
SIMON PROPERTY GROUP INC /DE/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi
Fri, 24 Mar 2017 13:51:11 GMT
PVH and Five Below rise while Ford and Alphabet fall
Thu, 23 Mar 2017 20:52:37 GMT
Simon Property Group Schedules First Quarter 2017 Earnings Release and Conference Call
Thu, 23 Mar 2017 20:20:00 GMT
PR Newswire – INDIANAPOLIS, March 23, 2017 /PRNewswire/ — Simon, a global leader in retail real estate, announced today that financial and operational results for the quarter ending March 31, 2017, will be released …
Retail Pain Ripples Outward
Thu, 23 Mar 2017 18:00:00 GMT
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