PNC Financial (PNC) Offering Possible 7.87% Return Over the Next 15 Calendar Days

This article was originally published on this site

PNC Financial’s most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 7.87% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $9.27 would be incurred if the stock dropped below the $120.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for PNC Financial 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 PNC Financial 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 PNC Financial

PNC Declares Dividend Of 75 Cents On Common Stock
Tue, 03 Oct 2017 14:09:00 +0000
PITTSBURGH , Oct. 3, 2017 /PRNewswire/ — The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 75 cents per share. The …

ETFs with exposure to The PNC Financial Services Group, Inc. : October 2, 2017
Mon, 02 Oct 2017 15:02:18 +0000
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to The PNC Financial Services Group, Inc. Here are 5 ETFs with the largest exposure to PNC-US. Comparing the performance and risk of The PNC Financial Services Group, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us … Read more
(Read more…)

Citigroup to Settle 10-Year Old Dispute With Lehman Brothers
Mon, 02 Oct 2017 13:16:01 +0000
Citigroup (C) will pay $1.74 billion to Lehman Brothers for wrongfully $2 billion deposits it held for trades.

BofA to Pay $2.5M to Settle Trading Activity Investigation
Wed, 27 Sep 2017 15:39:03 +0000
Bank of America (BAC) has agreed to pay $2.5 million to settle U.S. investigation into its trading activities.

Analysts’ Positive Ratings for Discover Financial Services
Wed, 27 Sep 2017 14:37:23 +0000
Of the 23 analysts covering Discover Financial Services (DFS) stock, eight analysts gave “strong buy” ratings on the stock, and another eight analysts rated the stock as a “buy.”

Be Sociable, Share!

Related Posts