United Parcel (UPS) Offering Possible 18.48% Return Over the Next 6 Calendar Days

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United Parcel’s most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $105.00 short put and a strike $100.00 long put offers a potential 18.48% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $100.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for United Parcel 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 down which suggests that the medium-term momentum for United Parcel is bearish.

The RSI indicator is at 28.85 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for United Parcel

UPS Board Increases Quarterly Dividend
Thu, 13 Feb 2020 21:05:10 +0000
ATLANTA, Feb. 13, 2020 — The UPS (NYSE: UPS) Board of Directors today increased its regular quarterly dividend to $1.01 per share on all outstanding Class A and Class B.

Prospects Appear Gloomy for Air Freight & Cargo Stocks
Thu, 13 Feb 2020 14:27:02 +0000
Prospects Appear Gloomy for Air Freight & Cargo Stocks

Amazon confirms expansion at Bremerton National Airport
Wed, 12 Feb 2020 22:37:34 +0000
A Delaware company has acquired a 31.5-acre property next to the airport on which it’s building a $9.2 million delivery and distribution facility with parking for 952 delivery vans.

Baby Yoda, ‘OK boomer’ and ‘Megxit’ have been added to Dictionary.com’s slang dictionary
Wed, 12 Feb 2020 22:30:00 +0000
Just when you thought 2019 was over, some of the year’s most popular phrases have been added to Dictionary.com’s slang dictionary. The digital dictionary updated its archives on Wednesday to include 20 new slang terms from the past year or two, including “OK, boomer,” “Megxit” and Baby Yoda. John Kelly, the senior research editor at Dictionary.com, told MarketWatch that the buzzworthy words and phrases were selected by analyzing the site’s search data, monitoring trends on social media, as well as tracking themes seen within pop culture at large.

CDC preps for coronavirus to ‘take a foothold’ in U.S.; seeks passenger data from airlines
Wed, 12 Feb 2020 20:16:39 +0000
The Centers for Disease Control and Prevention is preparing for the new coronavirus to “take a foothold in the U.S.” and is now requiring airlines to assist in some data collection of passengers.

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