Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 16.28% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Cameron
How Schlumberger Earnings Could Outpace Halliburton and Weatherford
Thu, 17 Oct 2013 12:12:06 GMT
Motley Fool – The oil giant is expected to grow faster than competitors Weatherford International and Halliburton, but can Schlumberger earnings satisfy shareholders?
Cameron trader bets on more gains
Thu, 17 Oct 2013 10:16:03 GMT
Coverage initiated on Cameron by Robert W. Baird
Tue, 15 Oct 2013 02:37:58 GMT
At #5, Offshore Oil Growth Drives this Company
Mon, 07 Oct 2013 13:03:59 GMT
Motley Fool – FMC Technologies has experienced increased competition from the likes of Cameron International, General Electric and Schlumberger, but the industry likely has room for all.
‘Fast Money' Recap: Goldman Sachs' Picks
Sat, 05 Oct 2013 09:00:00 GMT
TheStreet – NEW YORK ( TheStreet ) — The markets rallied into the weekend despite the government failing to resolve the current shutdown. On CNBC's “Fast Money” TV show, the panel discussed Goldman Sachs' …
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