United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $101.00 short put and a strike $96.00 long put offers a potential 18.48% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $101.00 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $96.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Parcel 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 United Parcel is bullish.
The RSI indicator is at 69.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
Postal Service expects 14% surge in holiday deliveries
Thu, 30 Oct 2014 00:46:59 GMT
UPS Predicts 11% Hike in Packages During Busiest Holiday Season
Wed, 29 Oct 2014 20:28:00 GMT
UPS predicts 11 percent hike in December packages
Wed, 29 Oct 2014 16:57:56 GMT
UPS predicts 11 percent hike in December packages
Wed, 29 Oct 2014 16:57:32 GMT
[$$] UPS Predicts 11% Increase in December Deliveries
Wed, 29 Oct 2014 15:41:00 GMT
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