Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 14.94% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cameron 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 Cameron is bullish.
The RSI indicator is at 21.6 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 Cameron
Cameron, Schlumberger's OneSubsea Wins Pemex Contract
Tue, 14 Oct 2014 17:40:02 GMT
OneSubsea Awarded Contract For Pemex Lakach Deepwater Development, Mexico
Mon, 13 Oct 2014 12:00:00 GMT
PR Newswire – HOUSTON, Oct. 13, 2014 /PRNewswire/ — OneSubsea™, a Cameron (CAM) and Schlumberger (SLB) company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project offshore Mexico. This is the first deepwater subsea field to be developed by Pemex. The scope of supply for the seven well system includes subsea production equipment and tooling. Cameron Chairman and CEO, Jack B. Moore said, “OneSubsea is very honored to be awarded this contract from Pemex.
Cameron International: A Leading Supplier of Oil and Natural Gas Drilling Systems
Tue, 30 Sep 2014 19:55:13 GMT
Cameron to Benefit from Robust Backlog; Margins a Concern
Mon, 29 Sep 2014 17:30:02 GMT
Range Resources Fined $4.15 Million by Pennsylvania DEP
Fri, 19 Sep 2014 19:00:06 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook