Expedia (EXPE) Offering Possible 29.87% Return Over the Next 22 Calendar Days

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Expedia’s most recent trend suggests a bullish bias. One trading opportunity on Expedia is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 29.87% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $145.00 long put strike price.

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

The RSI indicator is at 66.61 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 Expedia

Hedge Funds Keep Buying Expedia Group Inc (EXPE)
Wed, 22 Sep 2021 02:11:38 +0000
In this article we will analyze whether Expedia Group Inc (NASDAQ:EXPE) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead […]

Why The Trend Is Your Friend For Expedia, Cloudflare, Plug Power Stocks
Tue, 21 Sep 2021 19:51:37 +0000
Expedia Group, Inc (NASDAQ: EXPE), Cloudflare, Inc (NYSE: NET) and Plug Power, Inc (NASDAQ: PLUG) are all trading higher in strong uptrends. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart. The higher highs indicate the bulls are in control while the intermittent higher lows indicate consolidation periods. Traders can use moving averages to help identify an uptrend with rising lower frame moving averages (such as the eight-day or 21-day exp

Expedia Group to Participate in Goldman Sachs Communacopia Conference
Mon, 20 Sep 2021 20:05:00 +0000
SEATTLE, September 20, 2021–Expedia Group (NASDAQ: EXPE) will participate in Goldman Sachs Communacopia Conference on Thursday, September 23, 2021. Peter Kern, Vice Chairman and Chief Executive Officer, will participate in a fireside chat at 11:55 am PT/ 2:55 pm ET.

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