CME Group's most recent trend suggests a bearish bias. One trading opportunity on CME Group is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 8.7% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock rose above the $185.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CME Group 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 CME Group is bearish.
The RSI indicator is at 32.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CME Group
EBS Quant Analytics Platform Introduces FX Market's First API Streaming Service
Mon, 18 Mar 2019 01:00:00 +0000
LONDON and NEW YORK, March 17, 2019 /PRNewswire/ — EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, today announced it will launch a new API …
Why Is CME (CME) Down 4.1% Since Last Earnings Report?
Sat, 16 Mar 2019 13:30:01 +0000
CME (CME) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CME Group (CME) Outpaces Stock Market Gains: What You Should Know
Fri, 15 Mar 2019 21:50:09 +0000
In the latest trading session, CME Group (CME) closed at $170.14, marking a +1.02% move from the previous day.
Cboe puts the brakes on bitcoin futures
Fri, 15 Mar 2019 15:21:25 +0000
Cboe Global Markets said it no longer plans to offer bitcoin futures contracts as the exchange operator reassesses its plans for trading digital asset derivatives amid slumping volumes. Currently listed Cboe XBT futures contracts, which expire in June, remain available for trading, Cboe said in a statement late on Thursday. Cboe launched the first U.S. bitcoin contracts in December 2017, around the time the underlying cryptocurrency hit an all-time high near $20,000.
Cboe Isn’t Listing Any New Bitcoin Futures Contracts
Fri, 15 Mar 2019 15:07:53 +0000
Cboe Global Markets Inc., the first mainstream exchange to let people buy and sell Bitcoin futures, said in a web posting that it’s reviewing its approach to cryptocurrency derivatives and doesn’t currently plan to list more contracts. The December 2017 launch of the futures on a regulated exchange was seen at the time as a watershed for Bitcoin, whose surge that year captivated everyone from mom-and-pop speculators to Wall Street trading firms. The Cboe contracts, soon followed by similar offerings from CME Group Inc., were seen as a way it make it easier for mainstream investors to bet on the cryptocurrency’s rise or fall.
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