Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 22.55% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $82.50 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 34.5 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
Donors tell Mozambique to preserve peace like “treasure”
Thu, 14 Nov 2013 18:43:19 GMT
Reuters – Foreign donors urged Mozambique on Thursday to preserve peace like “a treasure” after an increase in political violence, and they questioned a government-guaranteed $850 million debut bond issue that has raised concerns over financial transparency. Since April, Renamo opposition guerrillas have staged sporadic attacks and clashed with government forces mostly in the centre of the southern African nation, following two decades of peace after a devastating 1975-1992 civil war. The threat of fresh conflict, along with a spate of kidnappings in Maputo and other cities, has alarmed donors and investors in Mozambique who are developing some of the world's largest untapped reserves of coal and gas. The IMF sees Mozambique's economic growth accelerating to 8.3 percent next year from 7 percent this year, boosted by increased business including operations by mining and energy companies like Brazil's Vale, Rio Tinto, U.S. oil company Anadarko and Italian group Eni.
Anadarko’s Domestic Growth Prospects Look Strong
Thu, 14 Nov 2013 16:02:09 GMT
Motley Fool – In addition to a solid pipeline of global megaprojects, Anadarko’s robust asset foothold in the U.S. offers strong growth prospects.
Cramer's Six in 60: LULU, JNJ & more
Thu, 14 Nov 2013 14:55:00 GMT
CNBC – Cramer shares six stocks to watch, and reveals them in under 60 seconds including Sony and Office Depot.
Ophir in $1.3 billion deal with Temasek unit for Tanzania gas
Thu, 14 Nov 2013 09:53:35 GMT
Cabot Oil & Gas Drills For Gains In U.S. Energy Boom
Wed, 13 Nov 2013 17:15:00 GMT
Investor's Business Daily – Cabot Oil & Gas Drills For Gains In U.S. Energy Boom
Related Posts
Also on Market Tamer…
Follow Us on Facebook