United Parcel (UPS) Offering Possible 26.58% Return Over the Next 35 Calendar Days

United Parcel’s most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $175.00 short put and a strike $165.00 long put offers a potential 26.58% 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 $175.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $7.90 would be incurred if the stock dropped below the $165.00 long put strike price.

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

The RSI indicator is at 47.11 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 United Parcel

Treasury Sweet Spot, Inflation, Fed Minutes, Taiwan Semi, Trading UPS and FedEx
Thu, 14 Oct 2021 07:28:00 +0000
While supply-chain constraints are a global problem, consumer-level inflation is not yet as broad a problem, or at least not evenly distributed.

Unpacking supply chain congestion
Wed, 13 Oct 2021 21:52:13 +0000
Ian Jefferies, CEO of the Association of American Railroads, sounds off on the current blockages facing U.S. supply chains in the wake of President Biden’s announcement the Port of Los Angeles will run 24/7.

Amazon Seeks Used Long-Range Cargo Jets Able to Fly From China
Wed, 13 Oct 2021 17:05:31 +0000
(Bloomberg) — Amazon.com Inc. is shopping for used long-range Boeing Co. and Airbus SE cargo planes, according to people familiar with the matter, the latest evidence of the e-commerce giant’s ambitions to move products across borders itself.Most Read from BloombergWhat Comes After GE’s 129 Years of Greenhouse GasWhat the Front Line of the U.S. Abortion Fight in Kentucky Looks Like NowArgentina’s 120-Year-Old Cattle Auction Is Leaving Buenos AiresAmazon is in the market for refurbished cargo ve

Walmart Boosting Off-Peak Container Processing in LA by Up to 50%
Wed, 13 Oct 2021 15:19:03 +0000
Big-box retailers including Walmart, along with FedEx (NYSE: FDX) and UPS (NYSE: UPS), have detailed plans to expand container operations at the ports of Los Angeles and Long Beach as part of the Biden administration’s efforts to unclog a massive bottleneck at the country’s largest container terminal complex. The details come ahead of a virtual meeting President Joe Biden is holding with port leadership and dock labor on Wednesday to discuss transportation challenges throughout the supply chain.

Supply-Chain Issues Are the Focus of Earnings Season. Don’t Overlook the Response.
Wed, 13 Oct 2021 10:36:00 +0000
Chip shortage may force Apple to cut iPhone 13 production goals, Southwest and American Airlines will comply with federal vaccine mandates, percentage of returning office workers hits pandemic high, and other news to start your day.

Be Sociable, Share!

Related Posts