Yahoo's most recent trend suggests a bullish bias. One trading opportunity on Yahoo is a Bull Put Spread using a strike $34.00 short put and a strike $29.00 long put offers a potential 16.28% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $34.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $29.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Yahoo 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 Yahoo is bullish.
The RSI indicator is at 72.54 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 Yahoo
Best and Bungled Billion Dollars Offers
Sat, 16 Nov 2013 23:08:00 GMT
Forbes – Snapchat turning down $3 billion is not that uncommon a scenario. What does history tell us on other companies that got similar offers?
Single's Day Sales Give Yahoo! a Boost
Sat, 16 Nov 2013 19:16:18 GMT
Motley Fool – China's biggest celebration of arbitrary consumerism led to a new sales record for Alibaba.
Yahoo! Sued in California for Allegedly Intercepting E-Mails
Sat, 16 Nov 2013 19:14:54 GMT
Bloomberg – Yahoo! Inc. was accused in a lawsuit of intercepting e-mails sent to users of its mail service and using personal information to profit from related advertisements.
Yahoo!: We can be pre-eminent web destination
Sat, 16 Nov 2013 18:46:20 GMT
YAHOO INC Financials
Sat, 16 Nov 2013 18:06:07 GMT
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