WellPoint's most recent trend suggests a bearish bias. One trading opportunity on WellPoint is a Bear Call Spread using a strike $127.00 short call and a strike $132.00 long call offers a potential 19.05% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $127.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $132.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for WellPoint 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 WellPoint is bearish.
The RSI indicator is at 64.97 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 Reports Third Quarter 2014 Results
Mon, 10 Nov 2014 23:15:22 GMT
noodls – Net income was $2.22 per share, including net losses of $0.14 per share. Adjusted net income was $2.36 per share (refer to the GAAP reconciliation table). Medical enrollment increased sequentially by 259,000 …
Obamacare Costs Slow, Choices Abound In New Open Enrollment
Sun, 09 Nov 2014 16:14:00 GMT
Forbes – The Affordable Care Act and its recalibrated healthcare.gov web site forges ahead this week with many consumers preparing to buy plans insurers report will be at a “lower cost” than last year and with more choices. A new study from a nonpartisan group and information from health insurer earnings reports indicate […]
WELLPOINT, INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
Wed, 05 Nov 2014 21:36:22 GMT
WELLPOINT, INC Financials
Wed, 05 Nov 2014 18:04:17 GMT
Like it or not, Obamacare's juicing health stocks
Wed, 05 Nov 2014 13:50:30 GMT
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