PPG Industries's most recent trend suggests a bullish bias. One trading opportunity on PPG Industries is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 11.11% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $95.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for PPG Industries 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 PPG Industries is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 PPG Industries
PPG expands VIBRANCE COLLECTION lineup
Fri, 30 Oct 2015 04:38:07 GMT
noodls – STRONGSVILLE, Ohio, Oct. 29, 2015 – PPG Industries' (NYSE:PPG) latest additions-a custom midcoat and a custom clear-to the VIBRANCE COLLECTION® line of custom paint finishes have created a complete custom …
PPG announces leadership changes
Thu, 29 Oct 2015 17:28:06 GMT
noodls – PITTSBURGH, Oct. 29, 2015 – PPG Industries (NYSE:PPG) today announced the appointment of David Bem as vice president, science and technology, and chief technology officer-elect (CTO-elect) effective Nov. …
PPG Announces Leadership Changes
Thu, 29 Oct 2015 16:30:00 GMT
Business Wire – PPG Industries today announced the appointment of David Bem as vice president, science and technology, and chief technology officer-elect effective Nov. 16. In the CTO role, Bem will succeed Charles F.
PPG to highlight global fastener coatings capability at STAFDA 2015
Thu, 29 Oct 2015 07:28:10 GMT
noodls – PITTSBURGH, Oct. 27, 2015 – PPG Industries' (NYSE:PPG) industrial coatings business will highlight its global line of fastener coatings and international support capabilities for the automotive, construction …
Also on Market Tamer…
Follow Us on Facebook