WellPoint's most recent trend suggests a bullish bias. One trading opportunity on WellPoint is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 14.16% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for WellPoint 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 WellPoint is bullish.
The RSI indicator is at 72.57 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 WellPoint
WellPoint, American Academy of Pediatrics Pen Deal
Fri, 28 Feb 2014 22:00:05 GMT
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Fri, 28 Feb 2014 19:00:07 GMT
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Fri, 28 Feb 2014 16:56:18 GMT
Teenagers Treated for Headache Were Prescribed Opioids Almost Half of the Time, According to Study in Journal of Adolescent Health
Fri, 28 Feb 2014 14:25:31 GMT
noodls – Teenagers with ER visits were twice as likely to get opioid Rx INDIANAPOLIS–(BUSINESS WIRE)–Feb. 28, 2014– Clinicians prescribed opioids for almost half of the teenagers they treated for headache when …
Teenagers Treated for Headache Were Prescribed Opioids Almost Half of the Time, According to Study in Journal of Adolescent Health
Fri, 28 Feb 2014 13:00:00 GMT
Business Wire – Clinicians prescribed opioids for almost half of the teenagers they treated for headache when medications, such as aspirin, ibuprofen and naproxen, are recommended as first-line th
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