Sysco (SYY) Offering Possible 13.64% Return Over the Next 13 Calendar Days

Sysco's most recent trend suggests a bullish bias. One trading opportunity on Sysco is a Bull Put Spread using a strike $78.00 short put and a strike $73.00 long put offers a potential 13.64% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $78.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $73.00 long put strike price.

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

The RSI indicator is at 69.6 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 Sysco

Lamb Weston (LW) Q2 Earnings and Revenues Beat Estimates
Thu, 06 Jan 2022 14:45:02 +0000
Lamb Weston (LW) delivered earnings and revenue surprises of 51.52% and 0.48%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Chesley Taft & Associates LLC Buys iShares Core S&P Small-Cap ETF, Stanley Black & …
Wed, 05 Jan 2022 18:38:04 +0000
Investment company Chesley Taft & Associates LLC (Current Portfolio) buys iShares Core S&P Small-Cap ETF, Stanley Black & Decker Inc, ONEOK Inc, BTC iShares Floating Rate Bond ETF, Vanguard Small Cap Value ETF, sells Verizon Communications Inc, Activision Blizzard Inc, Expedia Group Inc, FedEx Corp, Walmart Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Chesley Taft & Associates LLC.

IMS Capital Management Buys The Walt Disney Co, PayPal Holdings Inc, FedEx Corp, Sells Vistra …
Wed, 05 Jan 2022 18:38:03 +0000
Portland, OR, based Investment company IMS Capital Management (Current Portfolio) buys The Walt Disney Co, PayPal Holdings Inc, FedEx Corp, Amazon.com Inc, JPMorgan Core Plus Bond ETF, sells Vistra Corp, Chevron Corp, United Parcel Service Inc, Dollar Tree Inc, Sysco Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, IMS Capital Management.

Sysco Announces Partnerships to Enhance Supplier Diversity
Wed, 05 Jan 2022 13:00:00 +0000
HOUSTON, Jan. 05, 2022 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, today announced five new partnerships that will enhance Sysco’s supplier diversity initiatives. Sysco will partner with Disability:IN, National LGBT Chamber of Commerce (NGLCC), National Veteran-Owned Business Association (NaVOBA), The National Minority Supplier Development Council (NMSDC) and Women’s Business Enterprise National Council (WBENC). These partnerships will f

Sysco to Webcast Presentation at the ICR Conference 2022
Tue, 04 Jan 2022 21:15:00 +0000
HOUSTON, Jan. 04, 2022 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the ICR Conference 2022 on Monday, January 10, at 1:00 p.m. ET. The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its websit

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