Dollar Tree (DLTR) Offering Possible 25% Return Over the Next 6 Calendar Days

Dollar Tree’s most recent trend suggests a bullish bias. One trading opportunity on Dollar Tree is a Bull Put Spread using a strike $92.00 short put and a strike $87.00 long put offers a potential 25% 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 $92.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $87.00 long put strike price.

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

The RSI indicator is at 70.67 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 Dollar Tree

See what the IHS Markit Score report has to say about Dollar Tree Inc.
Wed, 08 Aug 2018 12:07:47 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.

ALERT: Asbestos Found in Playskool Crayons
Tue, 07 Aug 2018 17:23:54 +0000
A consumer advocacy group is warning parents away from crayons that contain asbestos.Source: Shutterstock

Dollar Tree Announces Retirement of Mary Anne Citrino from Board of Directors, Effective December 31, 2018
Thu, 02 Aug 2018 11:30:00 +0000
Dollar Tree, Inc. (DLTR), North America’s leading operator of discount variety stores, announced today that Mary Anne Citrino will be retiring from its Board of Directors, effective December 31, 2018. “Serving as an independent director since August 2005, Mary Anne has contributed to Dollar Tree’s significant growth and success,” stated Bob Sasser, Executive Chairman.

Dollar Tree’s Bargain Price Offers 15% Upside
Tue, 24 Jul 2018 20:03:28 +0000
While U.S. stocks have shown resilience, the maturing bull market and a flattening yield curve suggest caution is warranted. In this environment, value-priced stocks with businesses that benefit during …

NYSE trader: Amazon, Visa and Twitter earnings are on my radar—their charts are very similar
Tue, 24 Jul 2018 17:25:00 +0000
Jonathan Corpina of Meridian Equity Partners joins Yahoo Finance’s Seana Smith from the floor of the New York Stock Exchange to discuss the latest moves.

Be Sociable, Share!

Related Posts