Fluor (FLR) Offering Possible 8.7% Return Over the Next 35 Calendar Days

Fluor’s most recent trend suggests a bullish bias. One trading opportunity on Fluor is a Bull Put Spread using a strike $27.50 short put and a strike $22.50 long put offers a potential 8.7% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $27.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $22.50 long put strike price.

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

The RSI indicator is below 20 which suggests that the stock is in oversold 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


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Fluor Corp (FLR) Interim CEO Carlos M Hernandez Bought $501,870 of Shares
Tue, 14 May 2019 21:15:01 +0000
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Lifshitz & Miller LLP Announces Investigation of 3M Company, Aquantia Corporation, Chesapeake Lodging Trust, Fluor Corporation, Gardner Denver Holdings, Inc., Heron Therapeutics, Inc., Intermolecular, Inc. and Mellanox Technologies, Ltd.
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Fluor Corporation — Moody’s downgrades Fluor’s senior unsecured rating to Baa2; outlook negative
Fri, 10 May 2019 17:11:09 +0000
Moody’s Investors Service downgraded Fluor Corporation’s (“Fluor”) senior unsecured rating to Baa2 from Baa1. At the same time, Moody’s affirmed its P-2 unsecured commercial paper rating. “The downgrade of Fluor’s rating and maintaining the negative outlook reflects the recent deterioration in its operating results and credit metrics due to project bidding and execution issues and the risk that weaker trends will persist over the next 12 to 18 months,” said Michael Corelli, Moody’s Vice President — Senior Credit Officer and lead analyst for Fluor Corporation.

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