Verizon's most recent trend suggests a bearish bias. One trading opportunity on Verizon is a Bear Call Spread using a strike $49.00 short call and a strike $54.00 long call offers a potential 6.16% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $49.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $54.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Verizon is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Verizon is bearish.
The RSI indicator is at 31.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
FCC Chairman brushes off Verizon's excuse for throttling unlimited LTE plans
Sat, 09 Aug 2014 07:11:00 GMT
After Verizon, U.S. FCC quizzing other carriers on data management
Fri, 08 Aug 2014 21:59:26 GMT
After Verizon, U.S. FCC quizzing other carriers on data management
Fri, 08 Aug 2014 17:56:36 GMT
Reuters – The head of the U.S. communications regulator on Friday said he is asking all large U.S. wireless carriers to explain how they decide when to slow down download speeds for some customers, after questioning Verizon Wireless about such a plan. Verizon, the No. 1 wireless carrier, in July said the top 5 percent of high-speed data users on its older, unlimited data plans might experience slower speeds starting Oct. 1. Federal Communications Commission Chairman Tom Wheeler wrote to Verizon that he was “deeply troubled” by the plan, concerned that the company's decision to slow down, or “throttle,” data was based on consumers' data plans instead of network or technology needs. Verizon defended the practice, telling Wheeler it was a narrow, “widely accepted” and lawful way to manage networks.
[$$] FCC's Wheeler Still Concerned With Selective Data Slowing
Fri, 08 Aug 2014 17:31:04 GMT
The Wall Street Journal – Federal Communications Commission Chairman Tom Wheeler dismissed Verizon Communications' defense of its policy of slowing speeds for some customers during periods of heavy traffic, saying he remains concerned …
Verizon Wireless Enhances 4G LTE Network Coverage in Londonderry, New Hampshire
Fri, 08 Aug 2014 13:04:00 GMT
Business Wire – Verizon Wireless:
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