St Jude Offering Possible 10.5% Return Over the Next 37 Calendar Days

St Jude's most recent trend suggests a bullish bias. One trading opportunity on St Jude is a Bull Put Spread using a strike $65.00 short put and a strike $55.00 long put offers a potential 10.5% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $9.05 would be incurred if the stock dropped below the $55.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for St Jude 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 St Jude is bullish.

The RSI indicator is at 74.58 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 St Jude

US stocks get ready after best day's trading of 2014
Wed, 15 Jan 2014 13:42:27 GMT
CNBC – U.S. stock index futures signalled a higher opening after a Tuesday trading day that saw Wall Street chalk up its strongest performance in 2014.

St. Jude Medical Announces Preliminary Fourth Quarter Financial Results
Tue, 14 Jan 2014 00:02:11 GMT
noodls – ST. PAUL, Minn.–(BUSINESS WIRE)–Jan. 13, 2014– St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced preliminary revenue results for the fourth quarter ended Dec. 28, 2013. …

8:09 am St. Jude Medical guides Q4 above consensus ahead of JP Morgan Conf.
Mon, 13 Jan 2014 21:06:00 GMT

Medtronic to form panel after blood pressure device fails study
Mon, 13 Jan 2014 19:05:41 GMT
Reuters – Medtronic Inc on Monday said it will convene an independent panel of experts to make recommendations on the future of its experimental treatment for high blood pressure after the device failed to meet …

St. Jude says improving market boosts 4th-qtr results
Mon, 13 Jan 2014 17:48:16 GMT
Reuters – St. Jude Medical Inc said on Monday that fourth-quarter results were better than it expected as new product launches and an improvement in the market for medical devices bolstered sales. Its shares rose …

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