Procter & Gamble (PG) Offering Possible 7.3% Return Over the Next 31 Calendar Days

view original post

Procter & Gamble’s most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 7.3% return on risk over the next 31 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 $0.68 would be kept by the premium seller. The risk of $9.32 would be incurred if the stock dropped below the $140.00 long put strike price.

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

The RSI indicator is at 66.6 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 Procter & Gamble

Putnam Asset Allocation Funds Buys Anthem Inc, Moderna Inc, Target Corp, Sells Procter & …
Sun, 19 Dec 2021 13:38:02 +0000
Investment company Putnam Asset Allocation Funds (Current Portfolio) buys Anthem Inc, Moderna Inc, Target Corp, Colgate-Palmolive Co, McKesson Corp, sells Procter & Gamble Co, Altria Group Inc, Best Buy Co Inc, Eli Lilly and Co, Old Dominion Freight Line Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Putnam Asset Allocation Funds.

Goldman Sachs Variable Insurance Trust Large Cap Value Fund Buys Salesforce. …
Sat, 18 Dec 2021 03:38:03 +0000
Investment company Goldman Sachs Variable Insurance Trust Large Cap Value Fund (Current Portfolio) buys Salesforce.com Inc, Charles Schwab Corp, Ball Corp, MetLife Inc, General Mills Inc, sells Comcast Corp, Marsh & McLennan Inc, The Walt Disney Co, Packaging Corp of America, Global Payments Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Goldman Sachs Variable Insurance Trust Large Cap Value Fund.

P&G Recalls Some Aerosol Dry Conditioner, Shampoo Spray Products Citing Cancer Risk
Fri, 17 Dec 2021 18:57:20 +0000
Procter & Gamble Co (NYSE: PG) has issued a voluntary recall of some aerosol dry conditioner spray products and aerosol dry shampoo spray products. The products recalled are from Pantene, Aussie, Herbal Essences, and Waterl

P&G recalls some conditioner, shampoo sprays on finding carcinogens
Fri, 17 Dec 2021 18:42:51 +0000
The recall also includes products from its Aussie and Waterless brands made in the United States and some discontinued items from its Old Spice and Hair Food brands, in which P&G said it detected “unexpected levels” of benzene, a human carcinogen. P&G did not disclose the number of recalled products, which were distributed through retail and online outlets, but said they represented less than 1% of its overall hair care product portfolio. The company said it had not received any reports of adverse events related to the recall, but added that daily exposure to the level of benzene detected in the products would not be expected to cause negative health consequences.

P&G recalls some conditioner, shampoo sprays due to potential cancer risk
Fri, 17 Dec 2021 18:37:09 +0000
Procter & Gamble Co said on Friday it was voluntarily recalling some hair care products sold in the United States and Canada from its Pantene and Herbal Essences brands, due to the presence of a cancer-causing chemical. The consumer goods giant said https://refini.tv/3F8GY2H certain aerosol dry conditioners and shampoos from the brands as well as some discontinued items from Old Spice and Hair Food brands, had a human carcinogen called benzene. It can result in cancers including leukemia, blood cancer of the bone marrow and blood disorders which can be life-threatening, P&G said.

Be Sociable, Share!

Related Posts