Seagate (STX) Offering Possible 14.68% Return Over the Next 7 Calendar Days

Seagate's most recent trend suggests a bullish bias. One trading opportunity on Seagate is a Bull Put Spread using a strike $44.50 short put and a strike $39.50 long put offers a potential 14.68% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $44.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $39.50 long put strike price.

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

The RSI indicator is at 70.24 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Seagate

Edited Transcript of STX earnings conference call or presentation 4-Feb-19 10:00pm GMT
Thu, 07 Feb 2019 06:24:27 +0000
Q2 2019 Seagate Technology PLC Earnings Call

Where Will Seagate Technology Be in 5 Years?
Wed, 06 Feb 2019 01:34:00 +0000
Will the hard drive maker’s dedication to an aging technology pay off?

Softer Disk Drive Demand Puts Pressure On Seagate Stock
Tue, 05 Feb 2019 21:32:22 +0000
Seagate stock initially fell 5% then rebounded as the disk drive maker reported quarterly earnings that beat views but warned of softening demand.

Seagate Falls After Earnings Top Estimates but Gross Margins Decline
Tue, 05 Feb 2019 21:29:00 +0000
fell 0.9% to close at $45.14 % in Tuesday's trading after the company beat on earnings and revenue but said it sees a more difficult geopolitical environment ahead. The data storage multinational reported fiscal second-quarter net income of $384 million, or $1.34 per share, compared with $159 million, or 55 cents per share, in the year-ago quarter. Adjusted earnings per share were $1.41.

3 Stocks Beating the S&P 500's Dividend Yield
Tue, 05 Feb 2019 19:16:15 +0000
The following stocks were beating the S&P 500 index in terms of a higher dividend yield at close on Monday. AvalonBay Communities Inc. (AVB) is granting a forward dividend yield of 3.05% based on Monday's closing share price of $192.34 and a quarterly dividend of $1.52 per ordinary share. Warning! GuruFocus has detected 8 Warning Signs with AVB.

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