Darden’s most recent trend suggests a bullish bias. One trading opportunity on Darden is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 16.28% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 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 $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Darden 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 Darden is bullish.
The RSI indicator is at 72.89 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 Darden
Could This Restaurant’s Break-Up Unlock Shareholder Value?
Wed, 16 Oct 2013 18:22:00 GMT
Vulture Bait? These Four Stocks Could Draw Activist Investors
Wed, 16 Oct 2013 13:42:53 GMT
Michael Santoli – http://media.zenfs.com/en-US/blogs/michael-santoli/b4aa8340224b1d1c3b0f6a7067007909_original.jpg
Maybe Ruby Tuesday Isn’t so Bad!
Tue, 15 Oct 2013 21:30:08 GMT
Motley Fool – Is there value at Ruby Tuesday?
Private Exchange Boom Continues Ahead Of ObamaCare
Tue, 15 Oct 2013 17:52:00 GMT
Investor’s Business Daily – Private Exchange Boom Continues Ahead Of ObamaCare
What Darden’s Dismal Quarter Means for Everyone Else
Tue, 15 Oct 2013 14:47:13 GMT
Also on Market Tamer…
Follow Us on Facebook