Discover (DFS) Offering Possible 72.41% Return Over the Next 16 Calendar Days

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Discover’s most recent trend suggests a bearish bias. One trading opportunity on Discover is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 72.41% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $2.90 would be incurred if the stock rose above the $100.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Discover 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 Discover is bearish.

The RSI indicator is at 42.76 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

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Discover Announced as 2021 CIO 100 Award Winner for Cloud Data Fabric Platform
Thu, 25 Mar 2021 13:00:00 +0000
Discover Financial Services was selected as a 2021 CIO 100 award winner. For over 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.

Discover Financial (DFS) Ties Up to Boost Global Acceptance
Thu, 25 Mar 2021 11:46:11 +0000
Discover Financial (DFS) teams up with Network International Jordan to enhance acceptance of Discover, Diners Club International and network alliance cardholders in Jordan and worldwide.

Discover Financial Services Announces 2021 Annual Meeting of Shareholders
Wed, 24 Mar 2021 22:00:00 +0000
Discover Financial Services will be holding its 2021 Annual Meeting of Shareholders on Wednesday, May 5, 2021, at 9:00 a.m. Central time. Due to the ongoing COVID-19 pandemic, the meeting will be hosted entirely online. All shareholders of record of our outstanding shares of common stock at the close of business on March 8, 2021, are entitled to participate and vote at the Annual Meeting.

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