United Parcel (UPS) Offering Possible 23.15% Return Over the Next 3 Calendar Days

United Parcel’s most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $210.00 short put and a strike $205.00 long put offers a potential 23.15% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $4.06 would be incurred if the stock dropped below the $205.00 long put strike price.

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

Diversified Hot Stocks Give This ClearBridge Fund Its Edge
Fri, 09 Jul 2021 17:30:32 +0000
One key trait that enabled ClearBridge Large Cap Growth Fund to earn its spot among the best mutual funds? Returns with lower volatility.

Many Americans Plan to Continue Doing Most of Their Shopping Online, Even as Pandemic Restrictions Ease, Ware2Go Survey Reveals
Thu, 08 Jul 2021 13:00:00 +0000
ATLANTA, July 08, 2021–Americans did more online shopping during the pandemic and plan to continue, even as brick-and-mortar stores reopen, according to a new survey from Ware2Go, the UPS (NYSE:UPS) founded company enabling merchants of all sizes to achieve 1- to 2-day shipping guarantees.

Here’s Why UPS Stock Should be Retained Your Portfolio
Wed, 30 Jun 2021 14:07:02 +0000
Rise in door-to-door delivery of essentials during this coronavirus crisis is aiding UPS stock. However, surge in operating expenses is a concern.

Dump FAANG and Buy These 3 Cheaper Growth Stocks Instead
Tue, 29 Jun 2021 10:49:00 +0000
Buying shares of top tech stocks Facebook, Apple, Amazon, Netflix, and Alphabet (Google) — otherwise known as FAANG — would have earned great returns in the past. If you are looking to make the most of your investment dollars, you should consider buying shares of Pfizer (NYSE: PFE), Oracle (NYSE: ORCL), and UPS (NYSE: UPS) instead of FAANG.

United Parcel Service (UPS) Stock Sinks As Market Gains: What You Should Know
Fri, 25 Jun 2021 21:50:09 +0000
United Parcel Service (UPS) closed the most recent trading day at $205.61, moving -0.24% from the previous trading session.

Be Sociable, Share!

Related Posts