ProLogis (PLD) Offering Possible 9.29% Return Over the Next 6 Calendar Days

ProLogis’s most recent trend suggests a bullish bias. One trading opportunity on ProLogis is a Bull Put Spread using a strike $70.00 short put and a strike $60.00 long put offers a potential 9.29% 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 $70.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $9.15 would be incurred if the stock dropped below the $60.00 long put strike price.

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

Why Industrial REITs Like Duke Realty and STAG Industrials Rallied Double Digits in January
Thu, 07 Feb 2019 21:26:00 +0000
January was a very good month for industrial property owners, but did something change for the REIT niche?

With demand from Amazon and Facebook, Bay Area industrial market leads the country in growth
Wed, 30 Jan 2019 22:43:23 +0000
Last year, the greater Bay Area was the best performing industrial real estate market in the country, and the second-best in the world.

From dead mall to Amazon warehouse: Here’s how shuttered retail stores are getting a new life
Wed, 30 Jan 2019 14:34:01 +0000
CBRE found two dozen examples of properties across the country that were once home to retailers but now have turned — or are in the process of being turned — into industrial centers. Since 2016, at these 24 locations, 7.9 million square feet of retail space has been converted into 10.9 million square feet of industrial space.

The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Starbucks, Norfolk and Prologis
Tue, 29 Jan 2019 15:32:03 +0000
The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Starbucks, Norfolk and Prologis

Top Research Reports for Johnson & Johnson, Boeing & Starbucks
Mon, 28 Jan 2019 19:24:07 +0000
Top Research Reports for Johnson & Johnson, Boeing & Starbucks

Be Sociable, Share!

Related Posts