Capital One (COF) Offering Possible 17.37% Return Over the Next 10 Calendar Days

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Capital One’s most recent trend suggests a bullish bias. One trading opportunity on Capital One is a Bull Put Spread using a strike $86.50 short put and a strike $81.50 long put offers a potential 17.37% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $86.50 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $81.50 long put strike price.

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

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

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LATEST NEWS for Capital One

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[$$] Capital One Wants To Train All Employees In Technology
Tue, 03 Oct 2017 13:53:30 +0000
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Mon, 02 Oct 2017 15:51:25 +0000
The Buckingham Research Group has initiated bullish coverage of a handful of payment stocks Monday. Analyst Chris Brendler sees plenty of opportunities for investors to turn a profit in the payment space, …

American Express Hikes Dividend, Delivers on its Commitment
Mon, 02 Oct 2017 13:27:01 +0000
The recent dividend hike by American Express (AXP) points to its sound capital position and efforts to return wealth to shareholders.

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