Procter & Gamble (PG) Offering Possible 16.28% Return Over the Next 36 Calendar Days

Procter & Gamble’s most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 16.28% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $8.60 would be incurred if the stock dropped below the $110.00 long put strike price.

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

The RSI indicator is at 72.8 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Procter & Gamble

P&G Declares Quarterly Dividend
Tue, 14 Jul 2020 20:15:00 +0000
The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of $0.7907 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after August 17, 2020 to Common Stock shareholders of record at the close of business on July 24, 2020, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on July 24, 2020.

Google Cloud Helps Power More Personalized Experience for Procter & Gamble Consumers
Tue, 14 Jul 2020 12:04:00 +0000
Google Cloud today announced that The Procter & Gamble Company (NYSE:PG) has selected its data analytics and AI technology to enable more personalized experiences for consumers. Through this new collaboration, P&G; will now be able to leverage consumer and media data to innovate product experiences and enrich the shopping journey for existing and new consumers.

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Mon, 13 Jul 2020 20:05:55 +0000
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FOCUS-Skin whitening creams remain online despite mercury findings
Fri, 10 Jul 2020 17:11:35 +0000
Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after a watchdog group raised the alarm, including on platforms run by eBay, Amazon.com and Alibaba, a Reuters review of the sites shows. The findings come at a time when skin lightening, a multi-billion dollar industry especially popular in Asia, Africa and the Caribbean, is under renewed criticism for promoting light skin as a beauty ideal. Many countries ban or restrict mercury in creams, which can damage the kidneys, brain and nervous system.

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