Iron Mountain (IRM) Offering Possible 6.38% Return Over the Next 16 Calendar Days

This post was originally published on this site

Iron Mountain’s most recent trend suggests a bullish bias. One trading opportunity on Iron Mountain is a Bull Put Spread using a strike $30.00 short put and a strike $25.00 long put offers a potential 6.38% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $30.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $25.00 long put strike price.

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

The RSI indicator is at 68.18 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 Iron Mountain

Iron Mountain Earns Top Marks in 2021 Corporate Equality Index
Mon, 01 Feb 2021 21:15:00 +0000
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, is pleased to announce that it received a score of 100 percent on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. Iron Mountain has earned this perfect score for four consecutive years and proudly joins the ranks of 767 other major U.S. businesses that also earned top marks this year.

Iron Mountain Incorporated Announces Tax Treatment of 2020 Distributions
Thu, 21 Jan 2021 11:00:00 +0000
Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, announced the tax treatment for all 2020 distributions on its common stock.

Iron Mountain (IRM) Notes DE-CIX’s Switch at Edison Data Center
Mon, 18 Jan 2021 15:42:03 +0000
Iron Mountain’s (IRM) customers at its NJE-1 data center in New Jersey will benefit from better connectivity options and local reach with DE-CIX’s switch deployment at the company’s facility.

Nelson Roberts Fund, Aims High for Iron Mountain (IRM)
Mon, 18 Jan 2021 14:49:09 +0000
Nelson Roberts Investment Advisors, an employee-owned investment advisory firm that provides asset and wealth management published its third-quarter 2020 Investor Letter – a copy of which can be downloaded here. The Firm’s focal point and target is to maintain a long term value and growth of assets over time. You can view the fund’s top 10 […]

Should You Be Impressed By Iron Mountain Incorporated’s (NYSE:IRM) ROE?
Mon, 18 Jan 2021 08:46:57 +0000
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will…

Be Sociable, Share!

Related Posts