US Bancorp (USB) Offering Possible 11.11% Return Over the Next 13 Calendar Days

US Bancorp's most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $58.00 short put and a strike $53.00 long put offers a potential 11.11% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $58.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $53.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for US Bancorp 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 US Bancorp is bullish.

The RSI indicator is at 58.91 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 US Bancorp

MERGER ALERT – GKSY, and USB: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies
Thu, 30 Sep 2021 20:45:00 +0000
NEW YORK, NY / ACCESSWIRE / September 30, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. (NASDAQ:GSKY)Agreement Announcement: September 15, 2021 Transaction Details:Under the terms of the merger, GreenSky stockholders will receive 0.

Rising Loans Support U.S. Bancorp (USB), Cost Woes Prevail
Thu, 30 Sep 2021 18:18:06 +0000
U.S. Bancorp (USB) stock is tailormade for your portfolio, on its sound liquidity, rising revenues and sturdy capital-deployment initiatives. Yet, a concentrated loan portfolio and mounting costs pose headwinds.

MUFG to Launch Wealth Management Digital Platform in 2Q21
Mon, 27 Sep 2021 12:30:12 +0000
MUFG is poised to roll out its digital wealth management platform, MUFG Wealth Management Digital Platform, to provide optimal solutions to high net-worth clients.

Why You Might Be Interested In U.S. Bancorp (NYSE:USB) For Its Upcoming Dividend
Sun, 26 Sep 2021 14:00:43 +0000
U.S. Bancorp ( NYSE:USB ) is about to trade ex-dividend in the next two days. The ex-dividend date is one business day…

2 Dividend Stocks That Just Announced Good News
Sun, 26 Sep 2021 12:45:00 +0000
Two major financial companies just raised their dividends in the past few days, and those increases were accompanied by more good news — acquisitions that should better position both of them for future growth. One of those companies is US Bancorp (NYSE: USB), which acquired another bank to expand its geographical footprint, and the other is State Street (NYSE: STT), which bought a rival to make it the world's largest custodial bank. US Bancorp, the holding company of US Bank, the fifth-largest bank in the country, just got a little bigger with the acquisition of San Francisco-based MUFG Union Bank.

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