Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 7.53% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Verizon 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 Verizon is bullish.
The RSI indicator is at 74.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
The FCC Chairman Steps Into The Abyss
Tue, 04 Nov 2014 02:17:00 GMT
Sprint cutting 2,000 more jobs
Tue, 04 Nov 2014 00:43:51 GMT
Sprint Loss Increases Amid Promotional Battles
Mon, 03 Nov 2014 22:12:00 GMT
Can you hear me now? Verizon, AT&T to make voice-over-LTE interoperable in 2015
Mon, 03 Nov 2014 20:25:32 GMT
Wireless calls between Verizon and AT&T to be carried on data network by 2015
Mon, 03 Nov 2014 19:07:42 GMT
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