Lowe’s Companies (LOW) Offering Possible 20.77% Return Over the Next 2 Calendar Days

Lowe’s Companies’s most recent trend suggests a bullish bias. One trading opportunity on Lowe’s Companies is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 20.77% return on risk over the next 2 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $110.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lowe’s Companies 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 Lowe’s Companies 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 Lowe’s Companies

5 Top Dividend Kings to Buy and Hold Forever
Sat, 13 Apr 2019 22:02:00 +0000
These five stocks should pay you for the rest of your life.

7 Services You’ll Find Free at Home Improvement Stores
Sat, 13 Apr 2019 15:05:43 +0000
Self-service is everywhere you look: online, at gas stations and big-box stores, and now at many grocery stores with self-checkout lanes. Following are examples of several services that are free at hardware stores. Lowe’s and Home Depot offer online calculators to help you determine the amount of materials you’ll need to buy for an array of projects.

Is Lowe’s a Buy?
Sat, 13 Apr 2019 14:48:00 +0000
Will Lowe’s new management team’s plan to turn around the home improvement retailer’s fortunes work?

Stanley Black & Decker CEO: ‘Things are going great with Craftsman’
Thu, 11 Apr 2019 17:45:31 +0000
Stanley Black & Decker CEO James Loree says sales of Craftsman tools are off to a strong start under its ownership. Sorry, Sears.

Lowe’s Turnaround Is Taking Root. Analysts Are Warming Up to the Shares.
Thu, 11 Apr 2019 12:00:00 +0000
For years, Home Depot was the stock to own in home improvement, but recently that has been changing. Lowe’s stock is up more than 30% in the past year, double Home Depot’s 15% rise.

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