ConocoPhillips's most recent trend suggests a bearish bias. One trading opportunity on ConocoPhillips is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 16.01% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock rose above the $72.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for ConocoPhillips is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for ConocoPhillips is bearish.
The RSI indicator is at 24.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for ConocoPhillips
Crude oil prices renew a slide that has yet to bottom
Mon, 12 Jan 2015 23:34:22 GMT
Why this oil giant can survive $40 crude
Mon, 12 Jan 2015 23:04:13 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/misclgWoTUL8DekRuBTigg–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@9ef0414d-6484-3822-b341-e6d050281fff_FULL.jpg
$2 Trillion In Oil Projects At Risk On Plunging Prices
Mon, 12 Jan 2015 15:22:00 GMT
Get in on Low-Cost, High Reward Oil at Little Swan
Mon, 12 Jan 2015 13:00:00 GMT
PR Newswire – A sweet spot in Saskatchewan's prolific Williston Basin – the best wildcat location in North America – could shape up to be the next big oil discovery in this final frontier, but the real news in this uncertain oil market is that it's cheap to drill so the risk-to-reward ratio is uniquely favorable. This patch of massive potential is Little Swan – a multi-stacked 253,000-acre oil and gas prospect in an area of massively successful wildcatting for which Bayhorse Silver Inc. (TSX Venture: BHS) has entered into a farm-in agreement with Saturn Minerals Inc. for a 50% interest. The Williston Basin will soon be producing 2 million bpd as new wells come online, and this basin hosts the booming Bakken, where top producers such as Conoco Philips (COP), EOG Resources (EOG) and Marathon Petroleum (MRO) are operating. Little Swan is situated in the Northern Williston Basin – an extension of the oil bearing formations of North Dakota and Montana – and Bayhorse is eyeing light sweet crude oil as deep as 1,200 meters.
ConocoPhillips to Hold Fourth-Quarter Conference Call on Thursday, Jan. 29
Sun, 11 Jan 2015 02:16:55 GMT
noodls – January 8, 2015 Download .PDF HOUSTON – ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Jan. 29 at 12:00 p.m. EST to discuss fourth-quarter 2014 and full-year 2014 financial …
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