Time Warner Cable's most recent trend suggests a bullish bias. One trading opportunity on Time Warner Cable is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 7.53% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock dropped below the $130.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Time Warner Cable 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 Time Warner Cable is bullish.
The RSI indicator is at 40.95 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 Time Warner Cable
Time Warner Cable Deal Sets Comcast's D.C. Lobbying Machine in Motion
Fri, 07 Mar 2014 03:30:32 GMT
TiVo CEO: We have job creation problem
Fri, 07 Mar 2014 00:40:00 GMT
Comcast Has AT&T Worrying About the US
Fri, 07 Mar 2014 00:28:46 GMT
Charter customers can finally access Showtime on their mobile devices
Thu, 06 Mar 2014 23:49:00 GMT
Sinclair’s Shared Stations Targeted in FCC Rules Rewrite
Thu, 06 Mar 2014 19:13:08 GMT
Also on Market Tamer…
Follow Us on Facebook