Weyerhauser (WY) Offering Possible 6.38% Return Over the Next 10 Calendar Days

view original post

Weyerhauser’s most recent trend suggests a bearish bias. One trading opportunity on Weyerhauser is a Bear Call Spread using a strike $36.00 short call and a strike $41.00 long call offers a potential 6.38% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $36.00 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 rose above the $41.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Weyerhauser is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Weyerhauser is bearish.

The RSI indicator is at 56.16 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 Weyerhauser

Weyerhaeuser delays office reopening due to public safety concerns
Thu, 30 Sep 2021 21:38:03 +0000
Most companies have pushed back the reopening of their offices due to the spread of the Delta variant of Covid-19. Weyerhaeuser instead said it won’t reopen its Pioneer Square headquarters until it sees improvements in neighborhood safety.

Weyerhaeuser (WY) Stock Moves -0.24%: What You Should Know
Mon, 27 Sep 2021 21:50:09 +0000
In the latest trading session, Weyerhaeuser (WY) closed at $37.10, marking a -0.24% move from the previous day.

Weyerhaeuser to Release Third Quarter Results on October 29
Mon, 27 Sep 2021 20:30:00 +0000
Weyerhaeuser Company (NYSE: WY) will release third quarter 2021 results on Friday, October 29, before the market opens. The company will hold a live webcast and conference call at 7 a.m. Pacific (10 a.m. Eastern) the same day to discuss results.

Top REITs for October 2021
Thu, 23 Sep 2021 16:28:47 +0000
Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. They allow investors to easily invest in the real estate sector, which includes companies that own, develop, and manage residential, commercial, and industrial properties.

Weyerhaeuser to pay one-time special dividend, sets new $1 billion stock buyback program
Wed, 22 Sep 2021 13:14:41 +0000
Shares of Weyerhaeuser Co. tacked on 0.4% in premarket trading Wednesday, after the real estate investment trust focused on timberlands and the manufacture of forest products announced a one-time special dividend and a new $1 billion stock repurchase program. The interim supplemental dividend of 50 cents a share is payable to shareholders of record on Oct. 5 on Oct. 19. That’s on top of the company’s regular quarterly dividend of 17 cents a share. At Tuesday’s stock closing price of $35.26, and

Be Sociable, Share!

Related Posts