Simon Property's most recent trend suggests a bullish bias. One trading opportunity on Simon Property is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 7.3% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $9.32 would be incurred if the stock dropped below the $160.00 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 69.81 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
Retail real estate strength defies headlines of store clo…
Mon, 10 Apr 2017 19:38:00 +0000
CNBC's Diana Olick reports on the strength of retail real estate.
Squirreling Away REIT Dividends
Mon, 10 Apr 2017 11:00:00 +0000
The primary attraction to REIT dividends is the fact that there are no options for companies to pay or not to pay a dividend, since by law, REITs are forced to pay out at least 90% of their otherwise taxable income.
Executive Edge: Retail real estate bargain hunting
Mon, 10 Apr 2017 10:42:00 +0000
CNBC's Diana Olick reports despite headlines of store closures, retail real estate is not quite in dire straits and there may actually be some good buys out there.
Simon JV Unveils Fourth Premium Outlet Center in South Korea
Fri, 07 Apr 2017 13:26:01 +0000
Simon Property Group, Inc. (SPG) is enhancing its retail portfolio worldwide. Recently, the company's joint venture with Shinsegae Group opened Siheung Premium Outlets in South Korea.
Simon Opens Siheung Premium Outlets – Fourth Premium Outlet Center® In South Korea
Thu, 06 Apr 2017 10:59:00 +0000
SIHEUNG, South Korea, April 6, 2017 /PRNewswire/ — Shinsegae Simon, a joint venture between Shinsegae Group and Simon Property Group, Inc. (NYSE: SPG) announced today that it has opened Siheung Premium …
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