Procter & Gamble’s most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 7.53% 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 $82.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $77.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Procter & Gamble 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 Procter & Gamble is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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Seeking Alpha – I’m Dara Mohsenian, Morgan Stanley’s household products and beverage analyst. And we are very pleased to welcome Procter & Gamble here today, including Jon Moeller, Procter’s CFO and John Chevalier in Investor Relations. I will then outline areas we are focusing on to further improve results and I will spend a few minutes on an update of our beauty and our healthcare business.
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