Ross Stores (ROST) Offering Possible 5.26% Return Over the Next 13 Calendar Days

Ross Stores's most recent trend suggests a bearish bias. One trading opportunity on Ross Stores is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 5.26% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $65.00 long call strike price.

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

The RSI indicator is at 59.92 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Ross Stores

Ross Stores To Participate In The Goldman Sachs Global Retailing Conference
Thu, 31 Aug 2017 12:30:00 +0000
DUBLIN, Calif. , Aug. 31, 2017 /PRNewswire/ — Ross Stores, Inc. (Nasdaq: ROST) announced today that it will participate in the Goldman Sachs Global Retailing Conference to be held in New York on September …

Why Ross Stores (ROST) Stands Out in a Tough Retail Sector
Thu, 31 Aug 2017 12:22:12 +0000
Ross Stores Inc. (ROST) is among few in the space that has been consistent with earnings performance and is also gaining momentum from store expansion and merchandising initiatives.

Ross Stores Donates $400,000 To American Red Cross For Hurricane Harvey Relief Efforts
Wed, 30 Aug 2017 12:30:00 +0000
DUBLIN, Calif. , Aug. 30, 2017 /PRNewswire/ — Ross Stores , Inc. (Nasdaq: ROST) today announced a $400,000 donation to the American Red Cross to assist with disaster relief efforts in Texas and Louisiana …

Retailers With The Most Exposure To Hurricane Harvey's Path
Tue, 29 Aug 2017 15:19:00 +0000
With all the devastation that followed in Hurricane Harvey's wake, getting to the mall will probably be one of Texans' least concerns. Nomura Instinet's Simeon Siegel and his team take a look at retail stores in the path of the storm, writing that Ross Stores (ROST) and the Buckle (BKE) have the highest percentage of their store fleet concentrated in Texas. Harvey could also be bad news for Signet's (SIG) Zales brand, as about 13% of its stores are in Texas and its Regional Brands has about 22% exposure to Texas.

See what the IHS Markit Score report has to say about Ross Stores Inc.
Tue, 29 Aug 2017 12:03:50 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding ROST totaled $6.77 billion.

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