Miles White, Charman and Chief Executive Officer at Abbott Laboratories ( ABT ), bought 242,547 shares of the company's common stock on July 25. White bought the shares at $43.18 for a total of $10,473,179.46.
InvestorsKeyhole Trade Alert
IK-> The technicals for ABT ($44.29 up $0.61) are neutral with an upward trend. Support has been around $41.80and the stock is trading above recent resistance. Look at the September 37/41 bull-put spread for a 22-cent credit. That's a 5.8% return and the stock has to fall 7.4% 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 Nasdaq, Inc.
Originally published on InvestorsObserver.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
