Deere (DE) Offering Possible 15.74% Return Over the Next 8 Calendar Days

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Deere’s most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $127.00 short put and a strike $122.00 long put offers a potential 15.74% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $127.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $122.00 long put strike price.

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

The RSI indicator is at 74.54 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


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See what the IHS Markit Score report has to say about Deere & Co.
Wed, 27 Sep 2017 12:01:12 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding DE totaled $5.30 billion.

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