Ctrip (CTRP) Offering Possible 14.94% Return Over the Next 30 Calendar Days

Ctrip's most recent trend suggests a bearish bias. One trading opportunity on Ctrip is a Bear Call Spread using a strike $28.00 short call and a strike $33.00 long call offers a potential 14.94% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $28.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $33.00 long call strike price.

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

The RSI indicator is at 34.92 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 Ctrip

Ctrip and Yokohama Reach Strategic Cooperation Agreement
Tue, 20 Nov 2018 05:38:57 +0000
Jane Sun, CEO of Ctrip, the largest online travel agent in Asia met with Ms. Fumiko Hayashi, Mayor of Yokohama, Japan on the 19th of November, 2018. 2018 marks the 45th Anniversary of Shanghai and Yokohama becoming sister cities. The capital of Kanagawa Prefecture, Yokohama is the second largest city in Japan after Tokyo.

Stocks Not in a Bouncy Mood Yet
Wed, 14 Nov 2018 14:15:02 +0000
Stocks Not in a Bouncy Mood Yet

TripAdvisor Trades at a Premium Valuation to Its Peers
Tue, 13 Nov 2018 12:30:35 +0000
Currently, TripAdvisor’s (TRIP) PE ratio stands at 39.0x, which is between its all-time high of 50.7x in July 2014 and its all-time low of 17.4x in October 2012. At the current multiples, the stock trades at a premium valuation to its peers. Expedia (EXPE), Booking Holdings (BKNG), and Ctrip.com International (CTRP) have PE multiples of 23.7x, 22.9x, 23.3x, respectively.

Tencent-backed Chinese travel firm slashes HK IPO size amid weak markets
Tue, 13 Nov 2018 10:07:38 +0000
Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected Hong Kong IPO of up to $233 million on Tuesday, amid a weak stock market and a string of poor performances from recent listings in the city. Tongcheng-Elong, which is also backed by travel website Ctrip.Com International, is selling about 143 million shares at a price range of HK$9.75-HK$12.65 ($1.24-$1.61), giving it a potential valuation of $3.65 billion, according to a term sheet seen by Reuters. The company had earlier been seeking to raise up to $1 billion, but weak markets and a slide in Ctrip's share price forced it to slash the size of the IPO, according to Refinitiv publication IFR.

TripAdvisor’s Fourth-Quarter Results: Analysts’ Expectations
Mon, 12 Nov 2018 15:30:34 +0000
Analysts expect TripAdvisor’s (TRIP) fourth-quarter top and bottom-line results to continue benefiting from the healthy travel demand environment. Better-than-expected results for three consecutive quarters have increased investors’ confidence in the stock.

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