Waste Management (WM) Offering Possible 14.94% Return Over the Next 28 Calendar Days

Waste Management's most recent trend suggests a bullish bias. One trading opportunity on Waste Management is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 14.94% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $8.70 would be incurred if the stock dropped below the $140.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Waste Management 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 Waste Management is bullish.

The RSI indicator is at 70.34 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 Waste Management

Waste Management (WM) Gains But Lags Market: What You Should Know
Tue, 15 Mar 2022 22:15:10 +0000
Waste Management (WM) closed at $155.17 in the latest trading session, marking a +0.47% move from the prior day.

WM RECOGNIZED AS ONE OF ETHISPHERE'S WORLD'S MOST ETHICAL COMPANIES
Tue, 15 Mar 2022 20:51:00 +0000
WM (NYSE:WM) announced today that it has been honored as one of the 2022 World's Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the 13th time Ethisphere has recognized WM and the Company is the only honoree in the Environmental Services industry.

3 Companies Built to Withstand Market Turbulence
Sat, 12 Mar 2022 15:30:00 +0000
The market has entered some turbulence in recent months. The S&P 500 has officially corrected — falling 10% from its high — while the tech-heavy Nasdaq Composite tumbled into bear market territory. While market turbulence can be tough to stomach, it's a fairly common occurrence.

Investing In Pollution Control and Waste Reduction
Wed, 09 Mar 2022 19:14:52 +0000
In 2021, 120 world leaders and over 40,000 registered participants attended the UN Change Conference in Glasgow Scotland (COP26). For two weeks, discussions of the global climate crisis ruled the day. Discussions of current scientific trends, the range of potential solutions, and the priority of world leaders to act swiftly clearly showed that the climate crisis and the work of mitigating our negative impact on the environment are topics that all of humanity ought to be concerned about.

Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger
Tue, 08 Mar 2022 11:07:16 +0000
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach…

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