MetLife's most recent trend suggests a bullish bias. One trading opportunity on MetLife is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 20.48% return on risk over the next 27 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 $0.85 would be kept by the premium seller. The risk of $4.15 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 MetLife 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 MetLife is bullish.
The RSI indicator is at 59.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for MetLife
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MetLife's (MET) Arm MIM Closes $1.6B Private Equity Fund
Wed, 13 Apr 2022 19:37:07 +0000
MetLife's (MET) business MIM used the secondaries market for third-party equity fund. The portfolio includes 80 fund positions across various sectors.
MetLife Investment Management Provides $200 Million in Financing to Phase Out the Last Two Coal Fired Plants in New Jersey
Wed, 13 Apr 2022 12:30:00 +0000
WHIPPANY, N.J., April 13, 2022–MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced it was the sole lender for approximately $200 million in financing to support the decommissioning of the last two coal-fired plants in New Jersey.
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