PNC Financial (PNC) Offering Possible 9.77% Return Over the Next 28 Calendar Days

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PNC Financial’s most recent trend suggests a bullish bias. One trading opportunity on PNC Financial is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 9.77% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $9.11 would be incurred if the stock dropped below the $135.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for PNC Financial 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 up which suggests that the medium-term momentum for PNC Financial is bullish.

The RSI indicator is at 64.45 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for PNC Financial

Here’s why a prominent civil rights organization is honoring PNC
Wed, 16 May 2018 17:35:38 +0000
The first Pittsburgh company to receive prestigious award is garnering more national attention.

PNC Chief Executive To Speak At Deutsche Bank Investor Conference
Wed, 16 May 2018 12:31:00 +0000
PITTSBURGH , May 16, 2018 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business …

Why is PNC Financial (PNC) Down 1.1% Since Last Earnings Report?
Mon, 14 May 2018 06:51:06 +0000
PNC Financial (PNC) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.

PNC CEO honored for promoting diversity and equal opportunity in the workplace
Fri, 11 May 2018 15:51:06 +0000
Steelers Coach Mike Tomlin to present award at Lawyers’ Committee for Civil Rights Under Law holding 18th annual gala in New York.

How PNC’s Tampa wealth director’s part-time music gig helps him deepen customer relationships
Fri, 11 May 2018 10:56:18 +0000
He’s not your typical wealth manager.

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