Simon Property's most recent trend suggests a bullish bias. One trading opportunity on Simon Property is a Bull Put Spread using a strike $75.00 short put and a strike $65.00 long put offers a potential 8.23% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $9.24 would be incurred if the stock dropped below the $65.00 long put 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 up which suggests that the medium-term momentum for Simon Property is bullish.
The RSI indicator is at 57.2 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Simon Property
Morgan Stanley Capital I Trust 2011-C2 — Moody's affirms two and downgrades six classes of MSC 2011-C2
Tue, 01 Dec 2020 22:18:06 +0000
Moody's rating action reflects a base expected loss of 12.8% of the current pooled balance, compared to 5.1% at Moody's last review. Two loans, constituting 1.5% of the pool, are currently in special servicing.
Have Insiders Been Buying Simon Property Group, Inc. (NYSE:SPG) Shares?
Mon, 30 Nov 2020 12:07:54 +0000
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that…
MicroStrategy, Simon Property Group, Snap, Alphabet and Facebook as Zacks Bull and Bear of the Day
Fri, 27 Nov 2020 16:29:04 +0000
MicroStrategy, Simon Property Group, Snap, Alphabet and Facebook as Zacks Bull and Bear of the Day
Bear Of The Day: Simon Property Group (SPG)
Fri, 27 Nov 2020 11:00:11 +0000
Bear Of The Day: Simon Property Group (SPG)
Will This Mall REIT Follow CBL and PREIT Into Bankruptcy?
Thu, 26 Nov 2020 15:00:31 +0000
In the face of this headwind, two prominent mall real estate investment trusts (REITs), CBL & Associates (NYSE: CBL) and Pennsylvania Real Estate Investment Trust (NYSE: PEI), or PREIT, have already declared bankruptcy. Here's a look at one name likely to survive and one that might end up following CBL and PREIT. Right now, most investors in the REIT space are monitoring rent collections.
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