Vertex Pharma's most recent trend suggests a bearish bias. One trading opportunity on Vertex Pharma is a Bear Call Spread using a strike $110.00 short call and a strike $120.00 long call offers a potential 8.7% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock rose above the $120.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Vertex Pharma 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 Vertex Pharma is bearish.
The RSI indicator is at 32.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Vertex Pharma
Biotech Stock Roundup: Gilead Nabs FDA Nod for Combo HCV Drug, Auxilium Accepts Endo Offer
Wed, 15 Oct 2014 16:59:33 GMT
Vertex to Announce Third Quarter 2014 Financial Results on October 28
Tue, 14 Oct 2014 20:01:00 GMT
Business Wire – Vertex Pharmaceuticals Incorporated will report its third quarter 2014 financial results on Tuesday, October 28, 2014 after the financial markets close. The company will host a conference call and webcast at 5:00 p.m.
Bank Of America Is Impressed By Takeaways From Vertex Pharmaceuticals Conference Call
Tue, 14 Oct 2014 11:59:22 GMT
3 Stocks Improving Performance Of The Drugs Industry
Mon, 13 Oct 2014 17:04:00 GMT
UPDATE: Piper Jaffray Upgrades Vertex Pharmaceuticals Ahead Of Expected Combination Approvals
Mon, 13 Oct 2014 12:45:02 GMT
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