Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 27.55% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $3.92 would be incurred if the stock dropped below the $85.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Andarko 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 Andarko is bullish.
The RSI indicator is at 38.74 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Andarko
Anadarko is a Strong Player with an Interesting Mix Composition
Thu, 23 Oct 2014 18:34:26 GMT
As earnings season heats up, stocks close on the lows…
Wed, 22 Oct 2014 20:28:00 GMT
Russia Loses Oil Ally in De Margerie After Moscow Crash
Tue, 21 Oct 2014 20:00:01 GMT
Anadarko Petroleum upgraded by Global Hunter Securities
Tue, 21 Oct 2014 13:52:03 GMT
Oct 20, 2014 Western Gas Announces Third Quarter 2014 Distribution and Schedules Earnings Conference Call
Tue, 21 Oct 2014 07:51:14 GMT
noodls – HOUSTON, TX — (Marketwired) — 10/20/14 — Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.675 per …
Related Posts
Also on Market Tamer…
Follow Us on Facebook