Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 6.84% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $102.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Philip Morris 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 Philip Morris is bullish.
The RSI indicator is at 60.94 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 Philip Morris
Why Is Philip Morris (PM) Up 8.1% Since Its Last Earnings Report?
Mon, 12 Mar 2018 06:39:06 +0000
Philip Morris (PM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Children around the world are being exposed to cigarette advertising near their schools
Fri, 09 Mar 2018 14:28:00 +0000
Children in 21 countries are being exposed to promotions by tobacco companies, with cigarettes and advertising appearing close to schools
See what the IHS Markit Score report has to say about Philip Morris International Inc.
Fri, 09 Mar 2018 13:00:54 +0000
Philip Morris International Inc NYSE:PM
Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.07 Per Share
Thu, 08 Mar 2018 13:44:00 +0000
Regulatory News:
Are You An Income Investor? Don’t Miss Out On Philip Morris International Inc (NYSE:PM)
Thu, 08 Mar 2018 01:19:21 +0000
Over the past 10 years Philip Morris International Inc (NYSE:PM) has returned an average of 4.00% per year from dividend payouts. The company is currently worth US$167.72B, and now yieldsRead More…
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