Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $89.00 short put and a strike $84.00 long put offers a potential 21.07% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $89.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock dropped below the $84.00 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 67.87 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
What Are Marijuana ETFs?
Tue, 30 Oct 2018 22:08:00 +0000
Marijuana may still be in legal limbo, but that hasn't stopped the market from booming. As with any successful market, the more money that cannabis brings in, the more investors it will attract. For some investors that's where they story ends, with sinking some money into a single company.
CLASS ACTION UPDATE for SKX, PM and QRTEA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Tue, 30 Oct 2018 21:25:52 +0000
NEW YORK, Oct. 30, 2018 — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
Hagens Berman Reminds Investors in Philip Morris International (NYSE: PM) of the Firm’s Ongoing Investigation and the November 5, 2018 Securities Class Action Lead Plaintiff Deadline
Tue, 30 Oct 2018 20:00:00 +0000
SAN FRANCISCO, Oct. 30, 2018 — Hagens Berman Sobol Shapiro LLP reminds investors in Philip Morris International Inc. (NYSE: PM) of the November 5, 2018 Lead Plaintiff deadline.
FINAL DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Philip Morris International Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Tue, 30 Oct 2018 17:12:00 +0000
LOS ANGELES, CA / ACCESSWIRE / October 30, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Philip Morris International Inc. (“Philip Morris” or the “Company”) (PM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between February 8, 2018 and April 18, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before November 5, 2018.
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PM, TGTX, ABBV, HTHT and SFIX
Mon, 29 Oct 2018 20:28:41 +0000
NEW YORK, Oct. 29, 2018 — The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
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