Expedia (EXPE) Offering Possible 20.48% Return Over the Next 15 Calendar Days

This article was originally published on this site

Expedia’s most recent trend suggests a bullish bias. One trading opportunity on Expedia is a Bull Put Spread using a strike $98.50 short put and a strike $93.50 long put offers a potential 20.48% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $98.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $93.50 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 66.73 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

What Does Online Travel Really Mean by a ‘Connected Trip’?
Tue, 03 Dec 2019 07:30:03 +0000
It looks like online travel’s next buzz term has finally entered prime time. The concept of the connected trip is making headlines as online travel leaders have done the rounds over the last few months, presenting a new paradigm of truly traveler-centric travel booking and service. What exactly is a connected trip? Well, it is […]

Qualys, Expedia, Amazon, Walmart and Target highlighted as Zacks Bull and Bear of the Day
Mon, 02 Dec 2019 14:54:33 +0000
Qualys, Expedia, Amazon, Walmart and Target highlighted as Zacks Bull and Bear of the Day

Bear of the Day: Expedia (EXPE)
Mon, 02 Dec 2019 11:22:11 +0000
Bear of the Day: Expedia (EXPE)

Think celebrities and CEOs make way too much money? Check out this chart
Sat, 30 Nov 2019 13:57:00 +0000
In 2016, pop diva Taylor Swift strummed her way to $170 million in earnings to take the top spot on the Forbes Celebrity 100 list. The year before that, Uber boss Dara Khosrowshahi took home $94.6 million when he was serving as the chief executive at Expedia. But those figures are nothing compared with top hedge-fund guys.

UPDATE 1-Malaysia’s AirAsia swings to net loss as FX fluctuations bite
Wed, 27 Nov 2019 11:50:15 +0000
Malaysia’s flagship budget airline AirAsia Group Bhd flipped to a loss in its third-quarter, hit by foreign exchange losses and a writedown in the value of currency and interest rate swaps. It posted on Wednesday a net loss of 51.4 million ringgit ($12.3 million) for the three-month period ended September, from 915.9 million ringgit net profit in the year ago period. Revenue was 17.5% higher at 3.1 billion ringgit, however.

Be Sociable, Share!

Related Posts