US Bancorp's most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $43.00 short put and a strike $38.00 long put offers a potential 8.23% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $43.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $38.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for US Bancorp
U.S. Bank is First to Europe With Visa Payables Automation for Business
Tue, 04 Nov 2014 14:45:27 GMT
noodls – Bank to offer corporate purchasing card functionality, electronic payment processing in Europe MINNEAPOLIS–(BUSINESS WIRE)–Nov. 4, 2014– U.S. Bank is expanding its card-based and cardless corporate …
U.S. Bank is First to Europe With Visa Payables Automation for Business
Tue, 04 Nov 2014 14:00:00 GMT
Business Wire – U.S. Bank is expanding its card-based and cardless corporate payment solutions to Europe. In partnership with Visa, the bank will be the first in Europe to offer Visa Payables Automation, Visa’s paperless electronic payment service that replaces checks, eliminates tedious processing work and can improve an organization’s cash flow by extending credit by more than seven weeks.
Banks to launch new tool to fight hackers – WSJ
Tue, 04 Nov 2014 11:40:07 GMT
Banks to launch new tool to fight hackers: WSJ
Tue, 04 Nov 2014 09:11:12 GMT
Banks to launch new tool to fight hackers – WSJ
Tue, 04 Nov 2014 09:08:08 GMT
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