Weyerhauser (WY) Offering Possible 7.53% Return Over the Next 14 Calendar Days

This post was originally published on this site

Weyerhauser’s most recent trend suggests a bullish bias. One trading opportunity on Weyerhauser is a Bull Put Spread using a strike $35.00 short put and a strike $30.00 long put offers a potential 7.53% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $35.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $30.00 long put strike price.

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

The RSI indicator is at 66.31 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 Weyerhauser

Weyerhaeuser (WY) Stock Moves -0.24%: What You Should Know
Mon, 27 Sep 2021 21:50:09 +0000
In the latest trading session, Weyerhaeuser (WY) closed at $37.10, marking a -0.24% move from the previous day.

Weyerhaeuser to Release Third Quarter Results on October 29
Mon, 27 Sep 2021 20:30:00 +0000
Weyerhaeuser Company (NYSE: WY) will release third quarter 2021 results on Friday, October 29, before the market opens. The company will hold a live webcast and conference call at 7 a.m. Pacific (10 a.m. Eastern) the same day to discuss results.

Top REITs for October 2021
Thu, 23 Sep 2021 16:28:47 +0000
Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. They allow investors to easily invest in the real estate sector, which includes companies that own, develop, and manage residential, commercial, and industrial properties.

3,000-acre development in New Bern could be sign of major growth ahead for NC coast
Thu, 23 Sep 2021 11:10:05 +0000
As the North Carolina coast attracts more in-migration, a massive development is slated to have up to 1,500 homes – in Phase I alone.

Weyerhaeuser to pay one-time special dividend, sets new $1 billion stock buyback program
Wed, 22 Sep 2021 13:14:41 +0000
Shares of Weyerhaeuser Co. tacked on 0.4% in premarket trading Wednesday, after the real estate investment trust focused on timberlands and the manufacture of forest products announced a one-time special dividend and a new $1 billion stock repurchase program. The interim supplemental dividend of 50 cents a share is payable to shareholders of record on Oct. 5 on Oct. 19. That’s on top of the company’s regular quarterly dividend of 17 cents a share. At Tuesday’s stock closing price of $35.26, and

Be Sociable, Share!

Related Posts