United Parcel (UPS) Offering Possible 58.73% Return Over the Next 30 Calendar Days

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United Parcel’s most recent trend suggests a bearish bias. One trading opportunity on United Parcel is a Bear Call Spread using a strike $190.00 short call and a strike $195.00 long call offers a potential 58.73% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $190.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock rose above the $195.00 long call strike price.

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

The RSI indicator is below 20 which suggests that the stock is in oversold 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 United Parcel

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UPDATE 1-U.S. settles with UPS to resolve immigration-related discrimination claims
Mon, 18 Apr 2022 21:03:20 +0000
The U.S. Justice Department has secured a settlement with United Parcel Service Inc to resolve immigration-related discrimination claims in a civil action against the package delivery company, the agency said on Monday. “The settlement resolves the department’s claims that UPS violated the Immigration and Nationality Act when it discriminated against a non-U.S. citizen by requesting that he present additional documents to prove his permission to work after the worker had already provided sufficient proof,” the department said in a statement. The Justice Department’s probe had determined that UPS discriminated against a newly hired lawful permanent resident in Jacksonville, Florida, by asking him for his permanent resident card and work visa to prove his legal authorization to work, even though he had already shown his driver’s license and unrestricted Social Security card, which were sufficient proof, it added.

U.S. settles with UPS to resolve immigration-related discrimination claims
Mon, 18 Apr 2022 20:32:34 +0000
WASHINGTON (Reuters) -The U.S. Justice Department has secured a settlement with United Parcel Service Inc to resolve immigration-related discrimination claims in a civil action against the package delivery company, the agency said on Monday. “The settlement resolves the department’s claims that UPS violated the Immigration and Nationality Act when it discriminated against a non-U.S. citizen by requesting that he present additional documents to prove his permission to work after the worker had already provided sufficient proof,” the department said in a statement. The Justice Department’s probe had determined that UPS discriminated against a newly hired lawful permanent resident in Jacksonville, Florida, by asking him for his permanent resident card and work visa to prove his legal authorization to work, even though he had already shown his driver’s license and unrestricted Social Security card, which were sufficient proof, it added.

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Investors in United Parcel Service (NYSE:UPS) have made a splendid return of 107% over the past five years
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