Aetna’s most recent trend suggests a bearish bias. One trading opportunity on Aetna is a Bear Call Spread using a strike $65.00 short call and a strike $75.00 long call offers a potential 4.6% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $9.56 would be incurred if the stock rose above the $75.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Aetna 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 Aetna is bearish.
The RSI indicator is at 32.81 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 Aetna
[$$] Bargain-Hunting Around the World
Sat, 26 Oct 2013 04:01:00 GMT
Barrons.com – Be it ever so humbled, there’s no place like home. So said more than one investment patriot at this year’s ninth annual Art of Successful Investing conference, in reference to the allure of U.S. stocks. …
Stock-market bulls face hurdles in the week ahead
Sat, 26 Oct 2013 01:22:47 GMT
CNBC – Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
Blue Cross CEO: Health care industry supports reform
Fri, 25 Oct 2013 19:37:00 GMT
UnitedHealth Lags the Dow, but Can This Top Insurer Overcome Obamacare’s Missteps?
Fri, 25 Oct 2013 18:40:12 GMT
Motley Fool – UnitedHealth will need to keep growing its subscription base in order to beat any rising costs stemming from health care reform’s rollout.
Obamacare: ‘Game’ between premiums, deductibles, and co-pay
Thu, 24 Oct 2013 20:18:00 GMT
CNBC – Can Obamacare survive the tech glitches and high prices? Christine Ferguson, HealthSource Rhode Island, weighs in.
Also on Market Tamer…
Follow Us on Facebook