Berkshire (BRK.B) Offering Possible 9.17% Return Over the Next 6 Calendar Days

This article was originally published on this site

Berkshire’s most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $192.50 short put and a strike $187.50 long put offers a potential 9.17% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $192.50 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $187.50 long put strike price.

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

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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 Berkshire

Berkshire Hathaway Assurance Corporation — Moody’s affirms Berkshire Hathaway Assurance Corporation’s Aa1 IFS rating; outlook stable
Fri, 08 Dec 2017 01:18:09 +0000
Rating Action: Moody’s affirms Berkshire Hathaway Assurance Corporation’s Aa1 IFS rating; outlook stable. Global Credit Research- 07 Dec 2017. New York, December 07, 2017– Moody’s Investors Service, has …

Warren Buffett on Looking for Good Companies
Thu, 07 Dec 2017 22:01:56 +0000
The guru’s advice on hunting for quality acquisition targets

Carnival of Berkshire No. 1
Thu, 07 Dec 2017 20:49:39 +0000
The goal of this carnival is to highlight the best news, articles and videos surrounding Berkshire Hathaway, Warren Buffett and value investing

After Decades of Hints, Buffett’s Heir May Now Be More Apparent
Thu, 07 Dec 2017 11:00:23 +0000
The pressure to dismantle Berkshire will mount. The bulwark against that impulse is his successor, whose identity is one of the business world’s best-kept secrets.

Warren Buffett scores a quick $230 million with DaVita deal
Wed, 06 Dec 2017 17:07:31 +0000
DaVita, the operator of kidney dialysis centers, is in a $4.9 billion deal to sell its clinics division to UnitedHealth.

Be Sociable, Share!

Related Posts