Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $47.00 short put and a strike $42.00 long put offers a potential 6.84% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $42.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Verizon 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 Verizon is bullish.
The RSI indicator is at 56.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
[$$] Telecom Industry Readies for a Net-Neutrality Fight
Fri, 09 Jan 2015 05:31:54 GMT
The Wall Street Journal – FCC Chairman Wheeler’s comments at CES about Internet regulation will likely spur a sharp response from telecommunications companies.
Facebook, China and dividend payers boost global tech
Thu, 08 Jan 2015 23:18:17 GMT
Net Neutrality Regulatory Fix- It: Forbearance?
Thu, 08 Jan 2015 22:38:00 GMT
Cloud upgrades are no big deal if deployment is done right
Thu, 08 Jan 2015 21:21:03 GMT
FCC Chair agrees with Obama
Thu, 08 Jan 2015 19:20:00 GMT
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