WellPoint Offering Possible 2.25% Return Over the Next 8 Calendar Days

WellPoint's most recent trend suggests a bullish bias. One trading opportunity on WellPoint is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 2.25% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.11 would be kept by the premium seller. The risk of $4.89 would be incurred if the stock dropped below the $80.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for WellPoint 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 WellPoint is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

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 WellPoint

WellPoint Recognized as Top 100 Military Friendly Employer® by G.I. Jobs.
Mon, 11 Nov 2013 14:00:00 GMT
Business Wire – WellPoint announced today that it has been designated a 2014 Top 100 Military Friendly Employer® by Victory Media, publisher of G.I. Jobs and Military Spouse. Ranking 74th on the list, this marks the fifth year WellPoint has been included in the Top 100 Military Friendly Employers® list, which was compiled by a survey of over 5,000 companies.

WellPoint Announces Appointment of Jose Tomas as Executive Vice President and Chief Human Resources Officer
Mon, 11 Nov 2013 14:00:00 GMT
Business Wire – WellPoint, Inc. announced today that Jose Tomas has been named executive vice president and chief human resources officer, effective December 2, 2013. Tomas replaces Randy Brown who announced earlier this year that he would retire at the end of December.

Futures Mixed, Amazon Ups Game
Mon, 11 Nov 2013 12:30:30 GMT
TheStreet – Futures are mixed ahead of the U.S. open, Amazon is raising the stakes in the e-commerce delivery game and Jim Cramer has his eye on shares of Wellpoint.

The 6 Top Lobbying Organizations in 2013
Sat, 09 Nov 2013 21:09:10 GMT
Wall St. Cheat Sheet – Here are the top 6 lobbying organizations, by dollar amount, so far this year.

WellPoint Names Julie Goon Senior Vice President of Public Affairs
Thu, 07 Nov 2013 20:12:24 GMT
noodls – INDIANAPOLIS–(BUSINESS WIRE)–Nov. 7, 2013– WellPoint, Inc. (NYSE: WLP) announced today that Julie Goon has been named senior vice president of public affairs. An industry veteran who has more than 30 …

Be Sociable, Share!

Related Posts


MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.