Covidien VP buys 1,736 shares

By
A A A

Michael Haden 08/29/2014

Lannum Coleman, Vice President at Covidien plc ( COV ) , bought 1,736 shares of the company's common stock on August 26. At $87.46 per share, Coleman paid a total of $151,830 for the new shares.

IK-> The technicals for COV ($86.69 down $0.02) are neutral with an upward trend. Recent support has been around $82.54 and recent resistance has been near $91.76. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the Oct. 75/80 bull-put spread for a 20-cent credit. That's a 4.2% return and the stock has to fall 7.7% 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: COV

InvestorsObserver

InvestorsObserver

More from InvestorsObserver:

Related Videos

Stocks

Referenced

67%

Most Active by Volume

60,424,844
  • $102.1901 ▲ 2.44%
44,371,475
  • $16.484 ▲ 1.38%
43,046,714
  • $12.9699 ▼ 7.36%
33,547,389
  • $40.66 ▼ 6.08%
25,605,949
  • $9.285 ▲ 1.36%
25,365,402
  • $96.18 ▲ 1.90%
22,175,377
  • $30.6537 ▲ 3.25%
19,530,733
  • $3.4999 ▼ 10.26%
As of 10/21/2014, 01:10 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com