Equity Res (EQR) Offering Possible 8.7% Return Over the Next 15 Calendar Days

Equity Res’s most recent trend suggests a bearish bias. One trading opportunity on Equity Res is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 8.7% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 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 rose above the $60.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Equity Res is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Equity Res is bearish.

The RSI indicator is at 32.75 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 Equity Res

Why Is Equity Residential (EQR) Up 2.5% Since Last Earnings Report?
Thu, 27 Aug 2020 15:31:03 +0000
Equity Residential (EQR) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.

Zacks Industry Outlook Highlights: AVB, ESS, AMH, APTS and EQR
Tue, 25 Aug 2020 16:30:04 +0000
Zacks Industry Outlook Highlights: AVB, ESS, AMH, APTS and EQR

Equity Residential Joins CEO Action for Diversity & Inclusion
Mon, 24 Aug 2020 20:15:00 +0000
Equity Residential (NYSE: EQR) today announced that the Company has joined CEO Action for Diversity & Inclusion as a declaration of the Company’s commitment to cultivating a diverse and inclusive workplace.

Outlook Gloomy for Residential REITs Amid Coronavirus Crisis
Mon, 24 Aug 2020 14:23:02 +0000
Outlook Gloomy for Residential REITs Amid Coronavirus Crisis

How Much Did Equity Residential’s(NYSE:EQR) Shareholders Earn From Share Price Movements Over The Last Year?
Thu, 06 Aug 2020 13:55:13 +0000
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active…

Be Sociable, Share!

Related Posts