United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $175.00 short put and a strike $165.00 long put offers a potential 26.58% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $7.90 would be incurred if the stock dropped below the $165.00 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 47.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
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Wed, 13 Oct 2021 21:52:13 +0000
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Wed, 13 Oct 2021 17:05:31 +0000
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Walmart Boosting Off-Peak Container Processing in LA by Up to 50%
Wed, 13 Oct 2021 15:19:03 +0000
Big-box retailers including Walmart, along with FedEx (NYSE: FDX) and UPS (NYSE: UPS), have detailed plans to expand container operations at the ports of Los Angeles and Long Beach as part of the Biden administration's efforts to unclog a massive bottleneck at the country's largest container terminal complex. The details come ahead of a virtual meeting President Joe Biden is holding with port leadership and dock labor on Wednesday to discuss transportation challenges throughout the supply chain.
Supply-Chain Issues Are the Focus of Earnings Season. Don’t Overlook the Response.
Wed, 13 Oct 2021 10:36:00 +0000
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