Lowe’s Companies (LOW) Offering Possible 69.49% Return Over the Next 13 Calendar Days

view original post

Lowe’s Companies’s most recent trend suggests a bullish bias. One trading opportunity on Lowe’s Companies is a Bull Put Spread using a strike $235.00 short put and a strike $230.00 long put offers a potential 69.49% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $235.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock dropped below the $230.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lowe’s Companies 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 Lowe’s Companies 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 Lowe’s Companies

Lowe’s (LOW) Outpaces Stock Market Gains: What You Should Know
Thu, 04 Nov 2021 21:45:09 +0000
Lowe’s (LOW) closed the most recent trading day at $237.78, moving +1.49% from the previous trading session.

My 2 Best Stocks to Buy Right Now and Hold Forever
Thu, 04 Nov 2021 11:20:00 +0000
It’s important to invest on a regular basis. Doing so helps eliminate the impact of short-term market volatility on your total returns, and it also protects you from the lure of market timing. No one knows the future, so trying to predict market highs and lows is a waste of time.

3 Top Value Stocks That Could Help You Retire Early
Wed, 03 Nov 2021 15:00:00 +0000
With the S&P 500 up by more than 20% so far in 2021, it seems as though the stock market is hitting all-time highs every week. Jeremy Bowman (American Eagle Outfitters): American Eagle Outfitters is best known for its eponymous teen apparel chain, but the company actually features two core brands, American Eagle and Aerie, which is its intimates brand for teen girls and young women.

Lowe’s Canada Kicks Off the Holiday Season with Offers, Gift Ideas, and More Ways to Shop to Help Customers Amplify the Holiday Spirit
Wed, 03 Nov 2021 10:00:00 +0000
As Canadians are starting to prepare their homes for the Holiday season, Lowe’s Canada, one of Canada’s leading home improvement retailers operating or servicing over 450 corporate and affiliated stores under different banners, has everything they need to fill their home with holiday cheer. This season, Lowe’s, RONA, and Réno-Dépôt will offer more products, more services, and more experiences through their websites and in their stores.

Starter Stock Portfolio: 10 Large-Cap Stocks To Buy
Tue, 02 Nov 2021 19:27:13 +0000
In this article, we take a look at the 10 best large-cap stocks to buy. You can skip our detailed analysis of the large-cap stocks and go directly to read the Starter Stock Portfolio: 5 Large-cap Stocks To Buy. Beginner investors tend to buy small- and mid-cap stocks as they are relatively affordable as compared […]

Be Sociable, Share!

Related Posts