Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $730.00 short put and a strike $720.00 long put offers a potential 31.58% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $730.00 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $7.60 would be incurred if the stock dropped below the $720.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Google 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 Google is bullish.
The RSI indicator is at 61.88 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 Google
Google is going to start telling you if apps have adverts in them
Thu, 19 Nov 2015 11:31:40 GMT
Business Insider – Google is about to start warning you if the app you're downloading contains adverts. In an email…
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Thu, 19 Nov 2015 09:30:00 GMT
Business Insider – Good morning. Here's everything you need to know in the world of advertising today. 1. The CEO…
[$$] Digits: News Digest
Thu, 19 Nov 2015 05:47:32 GMT
Here’s What Media Companies Can Learn From the Video Game Industry
Thu, 19 Nov 2015 02:03:32 GMT
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Thu, 19 Nov 2015 01:48:54 GMT
Fortune – The dating giant, on the eve of its IPO, had to make an usually raunchy SEC filing.
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