Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 8.7% 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 $57.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $52.50 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 61.4 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
NYSE stocks posting largest percentage decreases
Fri, 21 Feb 2014 23:06:34 GMT
Hedge funds hot for oil and Apple
Fri, 21 Feb 2014 12:50:00 GMT
Cameron First Quarter Earnings Release Conference Call
Wed, 19 Feb 2014 16:10:00 GMT
PR Newswire – HOUSTON, Feb. 19, 2014 /PRNewswire/ — In conjunction with Cameron's (NYSE: CAM) First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet …
Can Cameron International Corporation Deliver in 2014?
Tue, 18 Feb 2014 15:03:56 GMT
Cameron International Corporation Getting Its Act Together
Thu, 13 Feb 2014 15:19:59 GMT
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