Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 10.86% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $75.00 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 51.87 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
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Thu, 13 Feb 2014 19:27:42 GMT
Anadarko Petroleum: You Want How Much?
Thu, 13 Feb 2014 16:26:00 GMT
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Thu, 13 Feb 2014 14:47:18 GMT
The Daily Ticker – http://d.yimg.com/hd/yahoofinance/lotus/33318d71-681f-43c2-bc2a-e1eb464a4ee6_21zmGc84h3gq1_1_0.jpg?s=36626277517dfbd05eaae10c7e54a595&c=178679d79cde3c0e8c5872487c5b7f6a&a=yahoofinance&mr=0
Anadarko Kerr-McGee Damages Cuts Opposed by Tronox Trust
Thu, 13 Feb 2014 05:01:01 GMT
ANADARKO PETROLEUM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib
Wed, 12 Feb 2014 21:43:18 GMT
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