Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 14.42% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock rose above the $95.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Philip Morris 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 Philip Morris is bearish.
The RSI indicator is at 57.21 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
How Altria Group Inc Will Generate Growth, Even With the Decline in Smoking
Wed, 25 Jun 2014 18:32:12 GMT
Philip Morris Shows Strength, Despite Recent Blows To The Industry
Wed, 25 Jun 2014 02:51:36 GMT
Philip Morris faces U.K. ban
Tue, 24 Jun 2014 22:53:00 GMT
Risks to tobacco bonds
Tue, 24 Jun 2014 18:54:00 GMT
Philip Morris, Other Cigarette Makers Face U.K. Ban
Tue, 24 Jun 2014 17:53:00 GMT
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