Tyson (TSN) Offering Possible 17.92% Return Over the Next 21 Calendar Days

This post was originally published on this site

Tyson’s most recent trend suggests a bearish bias. One trading opportunity on Tyson is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 17.92% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $85.00 long call strike price.

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

The RSI indicator is at 77.59 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 Tyson

Top Consumer Staples Stocks for September 2021
Mon, 23 Aug 2021 16:32:32 +0000
These are the consumer staples stocks with the best value, fastest growth, and most momentum for September 2021.

Is Now The Time To Look At Buying Tyson Foods, Inc. (NYSE:TSN)?
Fri, 20 Aug 2021 18:38:02 +0000
Let’s talk about the popular Tyson Foods, Inc. ( NYSE:TSN ). The company’s shares saw a decent share price growth in…

Tyson Foods Stock Generating Improved Relative Strength; Sales, Profit Growth Are Accelerating For This Food Giant
Fri, 20 Aug 2021 17:42:00 +0000
Tyson Foods shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.

5 Stocks Insiders Are Selling
Wed, 18 Aug 2021 14:32:46 +0000
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Tyson Foods The Trade: Tyson F

Stock Market News for Aug 16, 2021
Mon, 16 Aug 2021 12:41:12 +0000
U.S. stocks closed higher on Friday, with the Dow and S&P 500 notching up new record highs despite data showing a drop in consumer sentiment due to fears of rising COVID-19 cases.

Be Sociable, Share!

Related Posts