Sysco's most recent trend suggests a bullish bias. One trading opportunity on Sysco is a Bull Put Spread using a strike $37.00 short put and a strike $32.00 long put offers a potential 6.38% 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 $37.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $32.00 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 60.37 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
Company News for August 12, 2014
Tue, 12 Aug 2014 13:32:34 GMT
SYSCO CORP Files SEC form 8-K/A, Results of Operations and Financial Condition, Financial Statements and Exhibits
Tue, 12 Aug 2014 10:00:52 GMT
Newscast: Stocks extend Friday gains
Mon, 11 Aug 2014 18:25:51 GMT
The market in a minute: The calm before the storm?
Mon, 11 Aug 2014 17:31:16 GMT
SYSCO Conference Call Highlights
Mon, 11 Aug 2014 16:35:51 GMT
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