Altria's most recent trend suggests a bullish bias. One trading opportunity on Altria is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 8.46% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Altria 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 Altria is bullish.
The RSI indicator is at 73.19 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 Altria
Altria Vs. Brown-Forman: Battle Of Dividend Vices
Sat, 26 Apr 2014 09:21:38 GMT
Altria: Should You Still Buy At $38?
Fri, 25 Apr 2014 15:50:02 GMT
Updates on Tobacco Equities — Research on Altria Group, Philip Morris Intl., Reynolds American, and Lorillard
Fri, 25 Apr 2014 15:30:00 GMT
PR Newswire – During the trading session, four out of ten sectors finished on a higher note. Investor-Edge has initiated coverage on the following equities: Altria Group Inc. (MO), Philip Morris International Inc. (PM), Reynolds American Inc. (RAI) and Lorillard Inc. (LO). Altria Group Inc.'s stock finished Thursday's session 0.23% higher at $38.40. The stock moved between $38.07 and $38.80 during the trading session.
‘Vapers' relieved FDA won't restrict popular e-cigarette flavors
Thu, 24 Apr 2014 20:36:15 GMT
Reuters – Mcshalonic Martinez, 25, puffed on a caramel mochachino flavored e-cigarette at the Henley Vaporium in lower Manhattan, saying the device helped him kick his three-pack-a-day smoking habit. He can't imagine going back to traditional cigarettes. It does not recommend restricting flavored products or online sales and advertising, which public health advocates say make the products more attractive for children and teens. The announcement comes on the heels of a New York City law passed last year that banned e-cigarette usage anywhere that traditional cigarettes are prohibited.
E-Cigarettes to Fall Under FDA Review as Popularity Grows
Thu, 24 Apr 2014 18:35:40 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook