Starwood's most recent trend suggests a bullish bias. One trading opportunity on Starwood is a Bull Put Spread using a strike $76.85 short put and a strike $71.85 long put offers a potential 7.76% 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 $76.85 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $71.85 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 60.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starwood
Starwood to Expand Middle Eastern Presence
Tue, 06 May 2014 20:30:06 GMT
Millionaire Survey: Where the wealthy are spending
Tue, 06 May 2014 14:30:00 GMT
8:01 am Starwood Hotels announces that it will expand its Canadian portfolio to 70 hotels within the next 12 months
Tue, 06 May 2014 12:01:00 GMT
Starwood Accelerates Expansion across Canada with Plans to Reach 70 Hotels and Resorts in Next 12 Months
Tue, 06 May 2014 12:00:00 GMT
Business Wire – From the Canadian Hotel Investment Conference in Toronto, Starwood Hotels & Resorts Worldwide, Inc. announced today that it will expand its Canadian portfolio to 70 hotels within the next 12 months.
STARWOOD HOTEL & RESORTS WORLDWIDE, INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
Mon, 05 May 2014 20:04:16 GMT
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