Morgan Stanley's most recent trend suggests a bullish bias. One trading opportunity on Morgan Stanley is a Bull Put Spread using a strike $94.00 short put and a strike $89.00 long put offers a potential 21.95% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $94.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $89.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Morgan Stanley 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 Morgan Stanley is bullish.
The RSI indicator is at 60.7 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 Morgan Stanley
SoftBank-Backed Policybazaar Seeks to Join India’s IPO Train
Mon, 02 Aug 2021 06:23:10 +0000
(Bloomberg) — Online insurance marketplace Policybazaar has filed for an initial public offering that could raise as much as 60.18 billion rupees ($809 million), joining a growing list of startups preparing to tap capital markets as India’s digital economy booms.The owner of the SoftBank Group Corp.-backed startup has submitted initial documents with the market regulator for what would be the third-largest Indian debut of 2021. It plans to raise up to 37.5 billion rupees via a sale of new share
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India Startup Nykaa Seeks $4 Billion Valuation in IPO
Thu, 29 Jul 2021 06:26:30 +0000
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Morgan Stanley raises pay for junior bankers, capital markets employees – Business Insider
Wed, 28 Jul 2021 16:09:09 +0000
Base pay for first-year bankers in both divisions will now begin at $100,000 before adding bonus and second-year bankers will earn a minimum of $105,000, the report said, citing a person familiar with the matter. Morgan Stanley declined a Reuters request for comment. The investment bank's move comes weeks after peer Citigroup Inc said it would raise base pay for junior bankers at its banking, capital markets and advisory (BCMA) division.
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