United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $111.00 short put and a strike $106.00 long put offers a potential 31.58% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $111.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $106.00 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 78.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
UPS Takes $263 Million Pretax Hit From Voluntary Retirement Plan
Tue, 24 Jul 2018 21:52:50 +0000
United Parcel Service Inc. is taking a $263 million pretax charge in the second quarter related to its voluntary retirement plan that offered buyouts to employees. The logistics giant is under pressure to lower the expense of surging home deliveries and increased competition, including from Amazon.com Inc., which announced in June it’s creating a delivery network to handle more of its own packages. The company is stepping up investment in cargo planes, warehouse automation and software that finds the fastest route for delivery vans.
UPS expecting $200M in annual future saving from early retirement buyouts
Tue, 24 Jul 2018 21:19:44 +0000
UPS said Tuesday that its Voluntary Retirement Plan will help the company save approximately $200 million annually.
UPS Announces Voluntary Retirement Plan Results
Tue, 24 Jul 2018 20:30:00 +0000
Additionally, UPS will present details regarding the company’s multi-year plans at a Transformation Conference in New York on September 13, 2018. Registration is open on the UPS Investor Relations website. The event will be webcast live, and available for replay.
UPS Q2 Earnings Preview
Tue, 24 Jul 2018 19:12:44 +0000
United Parcel Service (NYSE: UPS ) releases its next round of earnings this Wednesday. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report. Earnings and Revenue …
Spirit (SAVE) Q2 Earnings: What's in the Cards for the Stock?
Tue, 24 Jul 2018 15:25:03 +0000
High fuel costs and soft unit revenues might hamper Spirit's (SAVE) Q2 results. However, the effect could be partly offset by a decline in non-fuel unit costs.
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