Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $65.00 short put and a strike $57.50 long put offers a potential 9.49% 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 $65.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $6.85 would be incurred if the stock dropped below the $57.50 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 74.19 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 Cameron
Business Highlights
Tue, 08 Sep 2015 21:54:34 GMT
Cameron to cut Houston jobs
Tue, 08 Sep 2015 20:00:09 GMT
Yes, More Oil Stock M&A is on the Way
Fri, 04 Sep 2015 15:35:00 GMT
CAM SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Cameron International Corporation Regarding the Sale of the Company to Schlumberger Limited — CAM
Thu, 03 Sep 2015 17:35:00 GMT
PR Newswire – NEW YORK, Sept. 3, 2015 /PRNewswire/ — The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Cameron International Corporation (NYSE: CAM) (“Cameron” …
Cameron Int'l (CAM) Stock Upgraded at Citigroup
Thu, 03 Sep 2015 17:17:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook