US Bancorp (USB) Offering Possible 5.26% Return Over the Next 6 Calendar Days

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US Bancorp’s most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $50.50 short put and a strike $45.50 long put offers a potential 5.26% 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 $50.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $45.50 long put strike price.

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

The RSI indicator is at 54.31 level which suggests that the stock is neither overbought nor oversold at this time.

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