Whirlpool (WHR) Offering Possible 16.01% Return Over the Next 36 Calendar Days

Whirlpool’s most recent trend suggests a bullish bias. One trading opportunity on Whirlpool is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 16.01% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $8.62 would be incurred if the stock dropped below the $135.00 long put strike price.

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

The RSI indicator is at 29.25 level which suggests that the stock is neither overbought nor oversold at this time.

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 Whirlpool

Whirlpool in Crossroads: Can Strategies Keep Hurdles at Bay?
Fri, 08 Jun 2018 13:12:01 +0000
Whirlpool’s (WHR) long-term goals and strategies hold promise, while recent quarterly performances and near-term view keep us on the sidelines.

Today’s Free Research Reports Coverage on GoPro and Three More Consumer Goods Stocks
Fri, 08 Jun 2018 11:20:00 +0000
Stock Research Monitor: ACCO, IRBT, and WHR LONDON, UK / ACCESSWIRE / June 08, 2018 / If you want a free Stock Review on GPRO sign up now at www.wallstequities.com/registration . On Thursday, June 07, …

Whirlpool Corporation and Habitat for Humanity Renew Commitment Through 2018
Thu, 07 Jun 2018 11:55:00 +0000
BENTON HARBOR, Mich., June 7, 2018 /PRNewswire/ — Today, Whirlpool Corporation announced it will continue its longtime relationship with Habitat for Humanity through 2018. This marks the 19th year the appliance manufacturer and nonprofit organization collaboration to support families in need of affordable housing, with Whirlpool Corporation committing to providing a new range and refrigerator for every new Habitat home built in the U.S. and Canada. “Over the years, this relationship has only grown stronger, and we’re eager to continue working with Habitat for Humanity in 2018,” said Jeff Noel, corporate vice president of communications & public affairs for Whirlpool Corporation.

Why Whirlpool Corporation Is Rallying Today
Mon, 04 Jun 2018 19:34:04 +0000
Whirlpool Corporation (NYSE:WHR) shares were higher on Monday as the company received an upgrade from Credit Suisse Group AG (ADR) (NYSE:CS) early in the day. Analysts have upgraded the home appliances maker rating from a Neutral to an Outperform with its price target increased from $170 to $195. While the stock has been declining due to President Trump’s announcement on steel import tariffs, analysts have the right to be bullish on this one.

5 Reasons Why Credit Suisse Turned Bullish On Whirlpool
Mon, 04 Jun 2018 18:28:27 +0000
Firsthand checks of prices on appliances after Memorial Day show an average 5-percent increase compared to the start of 2018, with washers and dryers accounting for the biggest gains, the analyst said. Raw materials account for around 60 percent of cost of goods sold, which implies input costs are “key to results for Whirlpool, Maklari said. Whirlpool’s international turnaround is showing signs of progress, including a renegotiation of retail contracts in Europe and expectations for demand in Europe, Middle East and Africa to recover in the back half of 2018 and strengthen in Brazil, Maklari said.

Be Sociable, Share!

Related Posts