Mylan’s most recent trend suggests a bullish bias. One trading opportunity on Mylan is a Bull Put Spread using a strike $41.00 short put and a strike $36.00 long put offers a potential 8.46% 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 $41.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $36.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Mylan 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 Mylan is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Mylan
MYLAN INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
Wed, 20 Nov 2013 22:15:47 GMT
Mylan Prices Senior Notes
Wed, 20 Nov 2013 15:30:03 GMT
Teva could merge with Mylan or Valeant, Bloomberg reports
Wed, 20 Nov 2013 12:31:44 GMT
theflyonthewall.com – If Teva Pharmaceutical Industries (TEVA) can’t restore value on its own and doesn’t soon find a new CEO, a merger with generic drug makers Mylan (MYL) or Valeant Pharmaceuticals International. (VRX) appears …
Mylan Announces Pricing of $2.0 Billion of Senior Notes
Tue, 19 Nov 2013 21:49:03 GMT
noodls – PITTSBURGH, Nov. 19, 2013 /PRNewswire/ — Mylan Inc. (Nasdaq: MYL) today announced the pricing of a registered offering of aggregate principal amount of $2.0 billion in bond issuance comprised of: $500 …
InPlay: Mylan Labs announces pricing of $2 bln of senior notes
Tue, 19 Nov 2013 21:19:12 GMT
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