Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 9.89% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $45.00 long put 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 up which suggests that the medium-term momentum for Verizon is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Verizon
Verizon said to enlist AOL CEO Armstrong to explore Yahoo deal
Tue, 09 Feb 2016 11:53:45 GMT
Executive Edge: Verizon exploring Yahoo?
Tue, 09 Feb 2016 11:31:00 GMT
Jim Cramer's Top Takeaways: LinkedIn, Tableau Software, Verizon
Tue, 09 Feb 2016 11:00:00 GMT
[$$] Phone Companies Shed Surplus Real Estate
Tue, 09 Feb 2016 06:05:06 GMT
Verizon-Yahoo Deal?: Bloomberg West (Full Show 02/08)
Tue, 09 Feb 2016 01:49:58 GMT
Bloomberg – Full Episode of “Bloomberg West.” Guests: Mark Mahaney, RBC Capital Markets analyst, Madeline Parra, Twizoo's chief executive officer, David Kirkpatrick, Techonomy's chief executive officer, …
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