Travelers's most recent trend suggests a bullish bias. One trading opportunity on Travelers is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 6.38% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 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 $77.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Travelers 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 Travelers is bullish.
The RSI indicator is at 56.94 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 Travelers
But we had such good times together: Citigroup analyst kicks off Travelers coverage with a ‘sell'
Thu, 13 Feb 2014 16:53:00 GMT
TRAVELERS COMPANIES, INC. Files SEC form 10-K, Annual Report
Thu, 13 Feb 2014 12:11:56 GMT
Earnings Reports Send Cisco and Zillow Lower in After-Hours Session
Thu, 13 Feb 2014 02:14:00 GMT
The Gaping Hole in MetLife Inc.'s Upcoming Earnings Report
Wed, 12 Feb 2014 22:48:45 GMT
3 Must Hear Comments From The Hartford's Conference Call
Wed, 12 Feb 2014 17:01:57 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook