Vertex Pharma's most recent trend suggests a bullish bias. One trading opportunity on Vertex Pharma is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 21.95% 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 $113.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $108.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Vertex Pharma 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 Vertex Pharma is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Vertex Pharma
3 Best Performing Stocks in March
Mon, 10 Apr 2017 16:42:00 +0000
Find out why Micron Technology, FMC Corporation, and Vertex Pharmaceuticals were the best-performing stocks from the S&P 500 last month.
What's Next for Corbus Pharmaceuticals After Its Controversial Cystic Fibrosis Results?
Sat, 08 Apr 2017 15:41:00 +0000
What's next for Corbus after its controversial cystic fibrosis study results?
The Zacks Analyst Blog Highlights: Esperion Therapeutics, Vertex Pharmaceuticals, Nektar Therapeutics, Argos Therapeutics and Cidara Therapeutics
Fri, 07 Apr 2017 13:30:01 +0000
The Zacks Analyst Blog Highlights: Esperion Therapeutics, Vertex Pharmaceuticals, Nektar Therapeutics, Argos Therapeutics and Cidara Therapeutics
3 Great Stocks on Sale to Buy Today
Fri, 07 Apr 2017 13:11:00 +0000
Finding great companies at a great price is an opportunity not to be missed.
15 companies with outsized sales growth and widening profit margins
Fri, 07 Apr 2017 12:33:42 +0000
Biotechnology and technology companies figure prominently on the latest Deep Dive list, writes Phil van Doorn.
Related Posts
Also on Market Tamer…
Follow Us on Facebook