Avon Vice President buys 10,000 shares

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Avon Vice President buys 10,000 shares

Bobby Raines 11/08/2013

Pablo Munoz, a vice president at Avon Products ( AVP ) bought 10,000 shares of the company's common stock on Nov. 5. At $17.65 per share, Munoz paid a total of $176,500 to increase his direct holdings by 83.3%.

IK-> The technicals for AVP ($17.52 up $0.01) are bearish with a downward trend. Recent support has been around $17.41 and recent resistance has been around $17.80. Standard & Poor's has a two STARs (out of five) rating on the stock. Look at the Jan. 13/16 bull-put spread for a 20-cent credit. That's a 7.14% return and the stock has to fall 8.7% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options

Referenced Stocks: AVP

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