ThermoFisher (TMO) Offering Possible 10.19% Return Over the Next 14 Calendar Days

ThermoFisher’s most recent trend suggests a bullish bias. One trading opportunity on ThermoFisher is a Bull Put Spread using a strike $490.00 short put and a strike $470.00 long put offers a potential 10.19% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $490.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $18.15 would be incurred if the stock dropped below the $470.00 long put strike price.

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

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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Wed, 23 Jun 2021 14:15:02 +0000
Agilent (A) expands its Bio Liquid Chromatography solutions portfolio with three new systems to fulfil the needs of biopharma industry.

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Wed, 23 Jun 2021 12:30:12 +0000
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Thermo Fisher (TMO) Invites Applications for Oncomine Program
Tue, 22 Jun 2021 16:00:04 +0000
Thermo Fisher (TMO) to review research proposals eligible for the Oncomine Clinical Research Grant program.

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