Gilead Sciences's most recent trend suggests a bullish bias. One trading opportunity on Gilead Sciences is a Bull Put Spread using a strike $103.00 short put and a strike $98.00 long put offers a potential 22.55% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $103.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $98.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gilead Sciences 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 Gilead Sciences is bullish.
The RSI indicator is at 34.15 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 Gilead Sciences
Does Achillion's 13% Slump in August Make It a Bargain?
Wed, 09 Sep 2015 11:03:00 GMT
Gilead Sciences to Present at the Baird 2015 Healthcare Conference on Wednesday, September 9
Tue, 08 Sep 2015 21:00:00 GMT
Business Wire – Gilead Sciences, Inc. today announced that Paul Carter, Gilead’s Executive Vice President, Commercial Operations, will participate in a fireside chat at the Baird 2015 Healthcare Conference in New York on Wednesday, September 9 at 10:15 a.m.
Is Another Amendment of QLT-InSite Vision Deal Coming Up?
Tue, 08 Sep 2015 20:25:08 GMT
10 Stocks With High Return on Invested Capital — and Why You Should Care
Tue, 08 Sep 2015 17:57:00 GMT
Three Reasons Biotech Isn't Dead Yet
Tue, 08 Sep 2015 15:06:00 GMT
Also on Market Tamer…
Follow Us on Facebook