Starwood's most recent trend suggests a bullish bias. One trading opportunity on Starwood is a Bull Put Spread using a strike $69.00 short put and a strike $64.00 long put offers a potential 14.68% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $69.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $64.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Starwood 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 Starwood is bullish.
The RSI indicator is at 79.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starwood
Starwood Accelerates Growth in Gateway European Cities
Mon, 07 Mar 2016 07:53:00 GMT
Business Wire – From the International Hotel Investment Forum in Berlin, Starwood Hotels & Resorts Worldwide, Inc. today announced its continued expansion in Europe with a record 18 organic hotel openings in 2015 and over 30 hotels already under development and expected to open in the next five years.
Starwood Hotels & Resorts to Bring Aloft on Palm Jumeirah
Fri, 04 Mar 2016 20:40:08 GMT
STARWOOD HOTEL & RESORTS WORLDWIDE, INC Financials
Fri, 04 Mar 2016 18:04:36 GMT
Starwood Hotels & Resorts to Bring Aloft Brand to Dubai’s Palm Jumeirah
Thu, 03 Mar 2016 15:17:00 GMT
Business Wire – Starwood Hotels & Resorts Worldwide, Inc. today announced it has signed an agreement with Mr. Rashid Al Abbar to open a 192-room Aloft on Dubai’s iconic man-made island – Palm Jumeirah.
With Starwood Preferred Guest and Major League Baseball, It’s a Whole New Ballgame
Thu, 03 Mar 2016 14:50:00 GMT
Business Wire – Starwood Hotels & Resorts Worldwide, Inc. today announced that Starwood Preferred Guest and Major League Baseball® today revealed an exciting lineup of once-in-a-lifetime experiences and rewards that will give SPG baseball fans exclusive access to America’s favorite pastime.
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