Walgreen Offering Possible 5.49% Return Over the Next 11 Calendar Days

Walgreen's most recent trend suggests a bearish bias. One trading opportunity on Walgreen is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 5.49% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock rose above the $65.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Walgreen 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 Walgreen is bearish.

The RSI indicator is at 35.81 level which suggests that the stock is neither overbought nor oversold at this time.

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 Walgreen

Limited productivity gains of 10% are why minimum wage hasn’t risen
Tue, 10 Dec 2013 21:00:14 GMT
Market Realist – Raising the minimum wage won't solve the fundamental problems of the labor market and the U.S. education system facing people stuck at minimum wage.

As National Influenza Vaccination Week Kicks Off, Walgreens Highlights Flu's Impact on Winter Vacations – 11 Million Trips Interrupted in 2012, Survey Suggests
Tue, 10 Dec 2013 17:52:00 GMT
PR Newswire – DEERFIELD, Ill., Dec. 10, 2013 /PRNewswire/ — The Centers for Disease Control and Prevention (CDC) is driving flu shot awareness during its National Influenza Vaccination Week campaign Dec. 8-14, and with the winter holidays and busy travel period approaching, Walgreens (WAG) (WAG) is giving people another telling reminder of why protection from the flu is important – more than 11 million Americans had vacation plans disrupted by the flu in 2012, the company's recent Impact Survey suggests. “It is important to remember that the vaccine doesn't just protect the person getting a flu shot, it helps to protect friends, family, co-workers and others with whom they're coming in contact,” said Harry Leider, M.D., Walgreens chief medical officer. The Walgreens Flu Impact Report found that last year's severe flu season significantly impacted holiday events in general, with 17 million of them cancelled or interrupted, based on survey projections. The 2012-13 flu season was one of the most severe in the U.S. in more than a decade and according to the study, had three times the impact over a more typical flu season on travel and holiday plans.

Will Promotions Weigh on Walgreen's Earnings?
Tue, 10 Dec 2013 16:58:35 GMT
Motley Fool – Walgreen is ramping up its promotional activity to attract more customers. Will this hurt its profit margin and dampen earnings growth?

Walgreens Introduces Daily Health Testing for Cholesterol, Blood Glucose and Body Composition at Stores in Maryland
Mon, 09 Dec 2013 19:19:00 GMT
Business Wire – Further expanding the scope of convenient, preventive health care services provided by its pharmacists, Walgreens is now offering daily testing for cholesterol, blood glucose and body composition at more than 60 stores in Maryland.

Be Greedy When Others Are Fearful
Mon, 09 Dec 2013 16:01:50 GMT
Motley Fool – If it works for Warren Buffett, why shouldn't it work for the rest of us?

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