United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 18.91% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $1.59 would be kept by the premium seller. The risk of $8.41 would be incurred if the stock dropped below the $145.00 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 78.7 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 United Parcel
3 Top Industrial Stocks to Buy Now
Mon, 24 Aug 2020 11:57:00 +0000
Transportation, construction, aerospace, defense, and more comprise one of the foundational sectors of the modern U.S. economy: the industrial sector. Whether it's proven stability and dividend growth, massive upside, or a potential turnaround to profit from, United Parcel Service (NYSE: UPS), Virgin Galactic (NYSE: SPCE), and Southwest Airlines (NYSE: LUV) offer compelling choices in the industrial sector right now.
Top 5 Corporate Giants Up More Than 15% Since Last Earnings
Mon, 24 Aug 2020 11:10:11 +0000
The stock prices of several companies have popped since they declared their last earnings results. We have selected five companies with a favorable Zacks Rank.
The U.S. House Just Passed a $25 Billion Bill to Fund the Post Office
Sat, 22 Aug 2020 23:22:00 +0000
House Democrats were joined by 26 Republicans in passing the emergency funding bill, which is unlikely to get Senate support.
USPS’s New Chief, Louis DeJoy, Just Testified. Why It Matters for FedEx and UPS.
Fri, 21 Aug 2020 20:08:00 +0000
Louis DeJoy’s appearance before a Senate committee was a grilling. And it was worth hearing.
Postmaster General: Election mail will be delivered ‘on time'
Fri, 21 Aug 2020 16:47:01 +0000
Postmaster General Louis DeJoy says he has ‘no plans’ to reinstall mail-sorting machines and explains that the election mail will be delivered ‘on time'. Yahoo Finance’s On The Move panel weigh in.
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