Southwest's most recent trend suggests a bullish bias. One trading opportunity on Southwest is a Bull Put Spread using a strike $32.00 short put and a strike $27.00 long put offers a potential 13.64% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $32.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $27.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Southwest 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 Southwest is bullish.
The RSI indicator is at 49.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Southwest
Gol Said to Weigh $1.7 Billion in Boeing, Embraer Jets
Fri, 24 Oct 2014 02:01:00 GMT
American Airlines’ shares are trading at an attractive valuation
Thu, 23 Oct 2014 21:00:12 GMT
Airlines celebrate lower fuel costs
Thu, 23 Oct 2014 19:31:03 GMT
Taking Stock of Q3 Earnings Season
Thu, 23 Oct 2014 18:53:29 GMT
U.S. Airlines Are Packing Planes and Rolling in Record Profits
Thu, 23 Oct 2014 17:45:15 GMT
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