Harley Davidson (HOG) Offering Possible 26.58% Return Over the Next 15 Calendar Days

Harley Davidson's most recent trend suggests a bullish bias. One trading opportunity on Harley Davidson is a Bull Put Spread using a strike $32.50 short put and a strike $27.50 long put offers a potential 26.58% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $32.50 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $27.50 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Harley Davidson 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 up which suggests that the medium-term momentum for Harley Davidson is bullish.

The RSI indicator is at 70.29 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Harley Davidson

After 22% Surge, Does Harley-Davidson Deserve to Be Riding So High?
Tue, 03 Nov 2020 13:15:00 +0000
Harley-Davidson (NYSE: HOG) surged 22% after its third-quarter earnings report beat analyst expectations, and though it has given back some of the gains in the days afterwards, the motorcycle maker's stock has largely wiped out all the losses incurred during the pandemic. The earnings report certainly seems to validate the turnaround plan of CEO Jochen Zeitz, who believes Harley-Davidson can be a dynamic, profitable company, albeit a smaller one than it has been. For example, Harley recently announced sales in India, a country it previously said it would be exiting, would be made through Hero MotoCorp.

Harley-Davidson Stock Is Rising, but One Analyst Doesn’t See Much Fuel Left
Mon, 02 Nov 2020 17:49:00 +0000
Jochen Zeitz, who was named CEO in May, has inspired some hope for the iconic American motorcycle brand.

Warren Buffett: I Knew Enough to Lend Money, but Not to Buy the Stock
Fri, 30 Oct 2020 16:14:25 +0000
Why Buffett sometimes lends money rather than buying common stock

Harley-Davidson (HOG) Registers Profit in Q3 on Rewire Strategy
Fri, 30 Oct 2020 13:51:01 +0000
Harley-Davidson (HOG) projects 2020 cash savings of $250 million, including SG&A and capital expenditure reductions, under the company's Rewire plan.

Harley-Davidson Spins Off New Electric Bicycle Business
Wed, 28 Oct 2020 14:33:00 +0000
On Tuesday, Harley-Davidson (NYSE: HOG) took the wraps off a new electric bicycle and a new electric bicycle company that it has spun off from its motorcycle business. Called the Serial 1 Cycle Company, a name based on Harley's very first motorcycle built back in 1903, the new company will be based in Salt Lake City, Utah, and the new bike will hit the markets in early 2021. Harley hinted at the bike back in its first More Roads to Harley road map several years ago, but the designs have evolved; the Serial 1 looks nothing like even the three prototypes revealed last year.

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