ConocoPhillips's most recent trend suggests a bullish bias. One trading opportunity on ConocoPhillips is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 5.26% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $77.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ConocoPhillips 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 ConocoPhillips is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for ConocoPhillips
ConocoPhillips Subsidiary Wins Prestigious Maritime Award from U.S. Coast Guard
Wed, 25 Jun 2014 20:38:00 GMT
Business Wire – The United States Coast Guard today recognized Polar Tankers, Inc., a ConocoPhillips subsidiary, with the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence.
Whoa! ConocoPhillips Has Moved Too Far Too Fast
Wed, 25 Jun 2014 13:34:06 GMT
ConocoPhillips: Why It's (Finally) Time to Get Cautious
Wed, 25 Jun 2014 13:14:28 GMT
The Zacks Analyst Blog Highlights: Williams Companies, Royal Dutch Shell, ConocoPhillips, Weatherford International, Precision Drilling, CNOOC and Eni
Wed, 25 Jun 2014 12:23:46 GMT
Bulls rolling with ConocoPhillips
Tue, 24 Jun 2014 16:23:17 GMT
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