Baxter (BAX) Offering Possible 9.89% Return Over the Next 3 Calendar Days

view original post

Baxter’s most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $81.00 short call and a strike $86.00 long call offers a potential 9.89% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $81.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $86.00 long call strike price.

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

The RSI indicator is at 30.83 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 Baxter

Baxter International Inc. (BAX): Hedge Funds Are Snapping Up
Mon, 04 Oct 2021 17:43:45 +0000
Is Baxter International Inc. (NYSE:BAX) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]

What Is The Ownership Structure Like For Baxter International Inc. (NYSE:BAX)?
Mon, 04 Oct 2021 11:29:26 +0000
If you want to know who really controls Baxter International Inc. ( NYSE:BAX ), then you’ll have to look at the makeup…

Bragar Eagel & Squire, P.C. Announces that it is Investigating the Boards of Directors of Diversicare, DSP Group, ADTRAN, and Hill-Rom on behalf of Stockholders and Encourages Investors to Contact the Firm
Fri, 01 Oct 2021 22:05:00 +0000
NEW YORK, Oct. 01, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Diversicare Healthcare Services, Inc. (Other OTC: DVCR), DSP Group, Inc. (NASDAQ: DSPG), ADTRAN, Inc. (NASDAQ: ADTN), and Hill-Rom Holdings, Inc. (NYSE: HRC). Additional information about each potential action can be found at the link provided. Diversicare Healthcare Services, Inc. (Other OTC: DVCR) Buyer: DAC Acquisition LLC On Aug

The Zacks Analyst Blog Highlights: Medtronic, Boston Scientific Corp, Catalent, Baxter International and Hill-Rom Holdings
Fri, 01 Oct 2021 10:46:10 +0000
The Zacks Analyst Blog Highlights: Medtronic, Boston Scientific Corp, Catalent, Baxter International and Hill-Rom Holdings

MedTech Thrives on M&A Frenzy: 3 Stocks to Focus on
Thu, 30 Sep 2021 13:37:01 +0000
MedTech stocks like Boston Scientific (BSX), Catalent (CTLT) and Baxter (BAX) are likely to solidify businesses on the back of impressive M&As.

Be Sociable, Share!

Related Posts