FMC Tech's most recent trend suggests a bullish bias. One trading opportunity on FMC Tech is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 21.95% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $47.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for FMC Tech 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 FMC Tech is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 FMC Tech
First Week of FTI December 21st Options Trading
Mon, 16 Dec 2013 16:30:00 GMT
FMC TECHNOLOGIES INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial S
Wed, 11 Dec 2013 22:29:06 GMT
FMC Technologies Stays Neutral
Mon, 09 Dec 2013 23:10:02 GMT
Zacks – On Dec 6, we retained our Neutral recommendation on oil drilling equipment maker FMC Technologies Inc.
Coverage initiated on FMC Tech by FBR Capital
Fri, 06 Dec 2013 10:40:36 GMT
FMC Tech to Supply ROVs to Tidewater
Thu, 05 Dec 2013 19:40:04 GMT
Zacks – FMC Technologies has contracted with offshore vessel owner, Tidewater, to deliver six work-class ROV systems for the subsea operations business of the latter.
Related Posts
Also on Market Tamer…
Follow Us on Facebook