Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 17.37% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $6.39 would be incurred if the stock dropped below the $97.50 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 75.38 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
‘Mad Money' Lightning Round: Buy, Buy, Buy Stryker
Fri, 20 Jun 2014 10:00:00 GMT
New Lifetime High Reached By Anadarko Petroleum (APC)
Thu, 19 Jun 2014 13:45:00 GMT
Oil could hit $125, here's how to trade it
Thu, 19 Jun 2014 11:17:06 GMT
Breakout – http://l.yimg.com/hv/api/res/1.2/y6fjH8ZhYd2yaBSlUzq9Uw–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.breakout.com@c806f278-eb53-321e-a486-7a1549760c82_FULL.jpg
These Stocks Beat Anadarko As Takeover Targets
Wed, 18 Jun 2014 17:16:29 GMT
South Africa to review mineral resources law
Wed, 18 Jun 2014 17:14:33 GMT
Financial Times – South Africa is to review proposed amendments to its mineral resources legislation that threatened to stymie investment into oil and gas exploration just as interest in African hydrocarbons heats up. Ngoako …
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