Tiffany (TIF) Offering Possible 12.99% Return Over the Next 35 Calendar Days

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Tiffany’s most recent trend suggests a bullish bias. One trading opportunity on Tiffany is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 12.99% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock dropped below the $120.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Tiffany 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 Tiffany 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 Tiffany

Zacks Investment Ideas feature highlights: Movado Group, Tiffany and Burberry Group
Wed, 13 Jun 2018 13:46:01 +0000
Zacks Investment Ideas feature highlights: Movado Group, Tiffany and Burberry Group

Jim Cramer: Restoration Hardware Is Still Poised for A Bigger Move
Tue, 12 Jun 2018 23:01:00 +0000
Who would possibly pay up 30 points for the stock of Restoration Hardware Holdings, Inc. The answer: The people who failed to buy Tiffany & Co. When Wall Street was looking for $1.02 and you got $1.33, when they were looking for $1.51 next quarter and it’s probably going to be $1.70 to $1.77 while the year goes from $5.91 to $6.34, you know that the stock’s going to react with alacrity, especially because they are roughly the same magnitude as Tiffany and Ralph Lauren.

Tiffany & Co. May Trade Sideways at Some Point Before Heading Still Higher
Tue, 12 Jun 2018 15:31:00 +0000
was reviewed at the end of last month, and I wrote,”All the charts and indicators on TIF point to still higher prices in the months ahead. Let’s review our updated charts and indicators. In this daily bar chart of TIF, below, we can see the huge upside price gap and the continued gains after the gap.

Luxury Retailers are Outperforming in a Strong Economy
Tue, 12 Jun 2018 11:00:11 +0000
Luxury Retailers are Outperforming in a Strong Economy

Tiffany (TIF) Shares March Higher, Can It Continue?
Fri, 08 Jun 2018 09:36:09 +0000
Tiffany & Co. (TIF) has been on the move lately as the stock has risen by 29.6% in the past four weeks, and it is currently trading well above its 20-Day SMA

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