CME Group's most recent trend suggests a bearish bias. One trading opportunity on CME Group is a Bear Call Spread using a strike $69.00 short call and a strike $74.00 long call offers a potential 11.11% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $69.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $74.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CME Group is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for CME Group is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 CME Group
CME Group trading outage exposes weakened trading floor
Wed, 09 Apr 2014 23:47:16 GMT
CME Group trading outage exposes weakened trading floor
Wed, 09 Apr 2014 22:41:07 GMT
Reuters – Open-outcry traders sprang into action during an electronic trading halt in CME Group Inc agricultural markets on Tuesday, but a better solution to the outage would have been to close the pits down too, traders and investors said a day later. In chaos following the outage on CME's electronic Globex platform, some orders sent to open-outcry grain pits went unfilled because there were not enough traders to handle the influx. The number of traders, brokers and clerks on CME's cavernous agricultural trading floors has dwindled during the past decade due to the rise of faster and more efficient electronic trading, which now accounts for nearly 95 percent of volume in grain markets. “We should absolutely halt all trading, floor and electronic, if the Globex goes down,” he added.
UBS passes commodity index control to Bloomberg
Wed, 09 Apr 2014 21:02:21 GMT
Financial Times – UBS has transferred control of one the world's top indices for commodity prices to Bloomberg as banks retreat from setting financial benchmarks in the wake of the Libor scandal. Governance, calculation, …
CME Electronic Trading Halt Pulls Pit Traders Back Into the Fray
Wed, 09 Apr 2014 15:41:00 GMT
[$$] Technical Glitch Hits CME Trading
Wed, 09 Apr 2014 15:33:28 GMT
The Wall Street Journal – Futures and options trading in 31 different markets ranging from corn to wheat to live cattle to rainfall futures were halted for about two hours.
Related Posts
Also on Market Tamer…
Follow Us on Facebook