Prudential (PRU) Offering Possible 9.89% Return Over the Next 6 Calendar Days

Prudential's most recent trend suggests a bullish bias. One trading opportunity on Prudential is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 9.89% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $90.00 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 61.82 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

We’re average students, getting a “C” when it comes to understanding finances, Americans say
Wed, 10 Apr 2019 13:30:00 +0000
More than half of Americans say they’d earn a “C” or lower when it comes to financial literacy, according to a new survey conducted by Harris Poll on behalf of Prudential Financial, Inc. (NYSE: PRU). In fact, the census data showed less than half of Americas are on track to meet their goals, including planning for retirement.

Prudential Group Insurance promotes Jessica Gillespie to head of distribution; hires Tim Weber to lead voluntary benefits distribution
Tue, 09 Apr 2019 15:00:00 +0000
Jessica Gillespie has been promoted to head of distribution for Prudential Group Insurance and Tim Weber has joined as vice president, voluntary benefits distribution and workplace markets, underscoring the group benefits carrier’s commitment to growing its core businesses and talent pipeline. Prudential Group Insurance is a unit of Prudential Financial, Inc. (NYSE: PRU). Additionally, Chuck Brousseau, previously Group Insurance’s head of distribution, has been named Prudential Group Insurance’s chief operations officer.

PGIM High Yield Bond Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended February 28, 2019
Thu, 04 Apr 2019 20:10:00 +0000
PGIM High Yield Bond Fund, Inc. , a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended February 28, 2019.

How to report IRA conversions on your taxes
Thu, 04 Apr 2019 17:24:18 +0000
Our tax experts are answering Yahoo Finance viewer questions as we hit the homestretch of tax season. A lot of those questions have to do with the delicate dance of taxes and retirement investing.

Prudential Financial to Announce First Quarter 2019 Earnings; Schedules Conference Call
Thu, 04 Apr 2019 11:30:00 +0000
Prudential Financial, Inc. (PRU) will release its first quarter 2019 earnings on Wednesday, May 1, 2019, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com. Members of Prudential's senior management will host a conference call on Thursday, May 2, 2019, at 11:00 a.m. ET, to discuss with the investment community the company's first quarter results.

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