Prudential (PRU) Offering Possible 7.76% Return Over the Next 9 Calendar Days

Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 7.76% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $9.28 would be incurred if the stock dropped below the $100.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Prudential 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 Prudential is bullish.

The RSI indicator is at 60.42 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 Prudential

Berkshire Hathaway Inc. (BRK.B) Stock Is Set for the Future With Oncor
Fri, 07 Jul 2017 15:04:11 +0000
The proposed Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) swoop to take Oncor Energy out of bankruptcy is precisely the kind of deal that makes Warren Buffett, well, Warren Buffett. It’s also why the later Buffett, like the later Bruce Springsteen, is as much The Boss as ever. Technically, it’s a bolt-on deal to Berkshire Hathaway Energy, a unit the company has been building through acquisitions since 2000 that is run by Greg Abel, considered a potential heir-apparent to Buffett.

MetLife seeks new delay in ‘too big to fail' case to wait for Trump
Thu, 06 Jul 2017 21:11:29 +0000
MetLife Inc on Thursday asked for another delay in the long-running case over whether the U.S. government should have labeled it as “too big to fail,” warning that the Trump administration may want to withdraw the government's appeal. A U.S. Appeals court in May granted a 60-day abeyance in the appeal filed by the administration of Democratic former President Barack Obama. Last year a U.S. district judge invalidated the government's designation of MetLife as “systemically important,” a label signifying MetLife could devastate the financial system if it failed and triggering stricter oversight.

Fed posts banks' ‘living wills,' gives AIG, Prudential more time
Wed, 05 Jul 2017 22:33:16 +0000
U.S. bank regulators disclosed on Wednesday how eight of the nation’s largest banks would wind themselves down in the face of collapse and gave American International Group Inc (AIG) (AIG.N) and Prudential Financial Inc (PRU.N) an extra year to submit their doomsday plans. The Federal Reserve and Federal Deposit Insurance Corporation (FDIC) posted the public portions of “living wills” submitted by banks including Bank of America Corp (BAC.N), JPMorgan Chase & Co (JPM.N) and Goldman Sachs Group Inc (GS.N). The Fed and the FDIC gave insurers AIG and Prudential Financial until the end of next year to submit their living wills from an original deadline of the end of 2017.

Prudential Short Duration High Yield Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended May 31, 2017
Wed, 05 Jul 2017 20:10:00 +0000
Prudential Short Duration High Yield Fund, Inc. , a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended May 31, 2017.

Skip Earnings Slider Exxon Mobil And Buy Stryker Instead
Wed, 05 Jul 2017 17:28:00 +0000
Sell Exxon Mobil and buy Stryker. Why? Companies that have had net income sliding downwards for two years are called Earnings Sliders. The companies are bad investments for the two years after they qualify, but are great investments thereafter.

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