One stock that has been hammered back in April after their third quarter earnings were released was Procter and Gamble Stock (PG).
As members know I ended up holding in-the-money short put contracts as I waited for the stock to make a recovery. A number of trades were done over the past two months and now as the stock continues to rise, trades are being closed for profits and just 6 weeks later my PG Stock trades are back with profits.
Procter and Gamble Stock (PG) is the type of large cap stock I tend to keep a bias toward. I have never lost capital with PG Stock but often it takes patience. The stock has seen many pullbacks over the past 20 years of my trading in it, but eventually it always ends profitably with my capital intact.
This article is the latest update on the Procter and Gamble Stock (PG) trades along with the outlook as the stock heads towards the July earnings announcement.
The rest of this Procter and Gamble Stock (PG) trade alert and ideas article is for FullyInformed Members.
Procter and Gamble Stock (PG) Trades Updates and Stock Outlook – Jun 7 2018
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.