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Relative Strength Soars On Medtronic Stock. Here's How To Get Bullish
Investors· 2025-11-25 19:41
Core Insights - Medtronic (MDT) stock has recently surged 2% to reach a 52-week high, indicating strong accumulation and a favorable environment for bullish option trades [1][9] - The stock received an upgrade in its Relative Strength (RS) Rating from 67 to 82, making it an attractive option for investors [1][9] - Medtronic reported revenues of approximately $33.5 billion in fiscal year 2025, serving over 79 million patients globally [7] Trading Strategy - A bull call spread strategy is recommended, involving buying a 105-strike call option at around $5.25 and selling a 115-strike call at approximately $1.60, resulting in a trade cost of $365 [2][3] - The maximum potential profit from this trade is $635, with a breakeven price of 108.65 [3][5] - The strategy is risk-defined, with a maximum loss of $365 if the stock closes below 105 on March 20 [3][5] Performance Ratings - Medtronic holds a Composite Rating of 84 out of a possible 99, with an Earnings Per Share Rating of 56 and a Relative Strength Rating of 83, ranking first in its Medical – Products group [6] - The company is recognized for its development of medical devices and therapies addressing over 30 chronic conditions, including heart disease and diabetes [6][7]
This Bullish Trade Can Let Investors Ride Along On Uber Stock
Investors· 2025-09-22 15:59
Core Insights - Uber has recently broken out from a cup-with-handle pattern, surpassing a buy point of 97.54, indicating potential for further upside [1] - The company reported a significant increase in gross bookings, up 18% year-over-year, and has authorized a $20 billion buyback program [4] - Analysts forecast a decline in earnings to 69 cents per share for Q3, down from $1.20 in the same quarter last year, despite a projected revenue increase of 19% to $13.24 billion [5] Investment Strategy - Investors can consider a bull call spread by buying a 100 call and selling a 115 call with a Nov. 15 expiration, costing approximately $4.80 per share [2] - The maximum profit from this strategy is calculated at $10.20 per share, or $1,020 for a 100-share contract, if Uber shares trade above 115 at expiration [3] - This options strategy allows for capped risk at the initial debit, making it a suitable approach given Uber's strong performance this year, with a 65% increase [3] Competitive Landscape - Concerns regarding competition from self-driving startups have eased, as Uber has formed strategic partnerships, notably with Waymo [4] - Uber is diversifying its offerings, including a recent partnership with Flytrex to expand Uber Eats into drone delivery [4] - The stock currently holds a Composite Rating of 93 out of a possible 99, ranking fourth in the leisure services group [5]