Discover (DFS) Offering Possible 25% Return Over the Next 7 Calendar Days

Discover's most recent trend suggests a bullish bias. One trading opportunity on Discover is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 25% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $65.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Discover 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 Discover is bullish.

The RSI indicator is at 38 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 Discover

Discover Survey Suggests Financial Education Courses Are Helping Americans Become More Confident with Their Finances
Thu, 01 Nov 2018 12:00:00 +0000
Fifty-nine percent of Americans ages 18-26 who have taken a financial education course believe the lessons will save them more than $10,000 over the course of their lifetimes, according to a new survey from Discover. Discover released the survey results today in conjunction with Discovery Education as the two companies announced their Pathway to Financial Success in Schools program will be extended to a younger age group: middle school students. The program provides comprehensive financial literacy curriculum free of charge through self-paced modules, classroom activities and family extension activities.

Federal Reserve unveils proposal to ease regulations for larger banks
Wed, 31 Oct 2018 20:22:12 +0000
The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses. Under the Fed proposal, midsized lenders including U.S. Bancorp (USB.N), Capital One Financial Corp (COF.N), PNC Financial Corp (PNC.N) and Charles Schwab Corp (SCHW.N) would face lower liquidity and compliance requirements, and smaller banks would get even easier treatment. The proposal stems from a law Congress passed in May that ordered the Fed to reduce regulatory burdens on community and regional lenders.

Market Morning: Record Down Days, Biotech Buyback Busts, Coke Raising Prices, Credit Tightens
Wed, 31 Oct 2018 11:00:04 +0000
One More Down Day and S&P 500 Ties 50-Year Record The S&P 500 (NYSEARCA:SPY) has been down 16 days in the month of October. If it closes down today, that will make 17, the most down days in a single month since 1970. While futures are up significantly this morning, there have been large reversals […] The post Market Morning: Record Down Days, Biotech Buyback Busts, Coke Raising Prices, Credit Tightens appeared first on Market Exclusive.

Discover Financial Services — Moody's upgrades Discover Financial's ratings
Wed, 31 Oct 2018 00:29:06 +0000
Moody's Investors Service has upgraded the ratings of Discover Financial Services (DFS) and its Discover Bank subsidiary. DFS's long-term senior unsecured debt rating was upgraded to Baa3 from Ba1, its bank subsidiary's long-term senior unsecured debt rating was upgraded to Baa2 from Baa3, its deposit ratings were upgrade to A2/Prime-1 from A3/Prime-2 and its standalone baseline credit assessment (BCA) was upgraded to baa2 from baa3.

3 Big Takeaways From Discover Financial Services' Third Quarter
Tue, 30 Oct 2018 14:39:16 +0000
This credit-card company has a new CEO and is growing its loan portfolio nicely, but one nagging concern remains.

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.