St Jude Offering Possible 12.99% Return Over the Next 18 Calendar Days

St Jude's most recent trend suggests a bearish bias. One trading opportunity on St Jude is a Bear Call Spread using a strike $60.00 short call and a strike $70.00 long call offers a potential 12.99% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock rose above the $70.00 long call strike price.

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

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

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LATEST NEWS for St Jude

Edwards Lifesciences Corp. Still Trying To Regain Footing
Tue, 04 Feb 2014 23:32:22 GMT
Motley Fool – Edwards Lifesciences has struggled to meet growth expectations and Medtronic is breathing down its neck.

Boston Scientific Q4 Beats, But Stent Sales Weak
Tue, 04 Feb 2014 18:01:00 GMT
Investor's Business Daily – Boston Scientific Q4 Beats, But Stent Sales Weak

Edwards Lifesciences net down on costs; shares slip
Tue, 04 Feb 2014 00:01:48 GMT
Reuters – Medical device maker Edwards Lifesciences Corp said on Monday that fourth-quarter net earnings declined from a year ago due to restructuring charges and costs for launching its next-generation replacement heart valves. Edwards, the first on the U.S. market with a valve that is implanted in a less-invasive method than traditional open-heart surgery, faces new competition from Medtronic Inc. The device heavyweight in January gained U.S. regulatory approval to sell a competing transcatheter valve, called CoreValve. Edwards Chief Executive Michael Mussallem said the company would give a more detailed 2014 outlook after it gains approval later this year for its next-generation transcatheter valve, Sapien XT, and assesses the impact of Medtronic's market entry. Edwards so far has not felt much of Medtronic's presence in the market, Mussallem told analysts on a conference call.

St. Jude Medical Announces 2014 Annual Investor Meeting
Mon, 03 Feb 2014 23:48:09 GMT
noodls – ST. PAUL, Minn.–(BUSINESS WIRE)–Feb. 3, 2014– St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, will hold its 2014 Annual Investor Meeting on Friday, Feb. 7, 2014, from 8:00 a.m. …

Edwards Lifesciences net down on costs
Mon, 03 Feb 2014 21:43:32 GMT
Reuters – Medical device maker Edwards Lifesciences Corp said on Monday that fourth-quarter net earnings declined from a year ago due to restructuring charges and costs for launching its next-generation replacement …

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