TJX (TJX) Offering Possible 12.36% Return Over the Next 6 Calendar Days

This article was originally published on this site

TJX’s most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 12.36% 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 $75.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $70.00 long put strike price.

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

The RSI indicator is at 75.84 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


LATEST NEWS for TJX

The TJX Companies, Inc. Announces Quarterly Common Stock Dividend
Tue, 05 Dec 2017 17:49:00 +0000
The TJX Companies, Inc. today announced the declaration of a quarterly dividend on its common stock of $.3125 per share payable March 8, 2018, to shareholders of record on February 15, 2018.

Is TJX Companies Inc. Being Sucked Into the Retail Apocalypse?
Tue, 05 Dec 2017 17:26:25 +0000
It has been a bumpy ride this year for off-price retailer TJX Companies Inc. (NYSE:TJX). TJX stock has been on a roller coaster ride over the past 11 months and investors who’ve stuck it out have only seen returns of 2.5% in that time. Discount stores like TJX initially appeared to be surviving the retail apocalypse because they were offering customers a ‘treasure hunt’ like experience that set them apart from other big-box stores.

Overstock: There’s More To This Stock Than Bitcoin
Fri, 01 Dec 2017 18:50:53 +0000
Overstock.com Inc (NASDAQ: OSTK ) gained notoriety as one of the first major retailers to accept bitcoin as payment. The e-commerce platform has been a longtime champion of the crypto currency, accepting …

ETFs with exposure to The TJX Cos., Inc. : November 30, 2017
Thu, 30 Nov 2017 19:29:11 +0000
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to The TJX Cos., Inc. Here are 5 ETFs with the largest exposure to TJX-US. Comparing the performance and risk of The TJX Cos., Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower … Read more
(Read more…)

TJX Companies Inc Stock May Be the Safest in Retail
Thu, 30 Nov 2017 17:28:53 +0000
Times are tough for retail stocks these days. Whether a company is doing well or not depends very much on the company itself, and things can turn in a heartbeat. That’s one of the reasons why I avoid clothing retailers. However, TJX Companies Inc (NYSE:TJX) has been holding its own recently. Let’s look at its third-quarter earnings and parse the numbers — and see if we can figure out what separates TJX stock from its peers.Source: Mike Mozart via Flickr12 Best Dividend Stocks for the Next 12 MonthsWhat Is TJX Stock All About?

Be Sociable, Share!

Related Posts