Exxon's most recent trend suggests a bullish bias. One trading opportunity on Exxon is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 12.11% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Exxon 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 Exxon is bullish.
The RSI indicator is at 67.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
Exxon Mobil: Why the Stock Looks So Rosy
Tue, 22 Apr 2014 20:43:02 GMT
Energy stocks hit 52-week highs as boom rolls on
Tue, 22 Apr 2014 17:32:27 GMT
Exxon works to reopen UK pipeline after tapping device found
Tue, 22 Apr 2014 15:30:46 GMT
Smallcaps: Passing the Leadership Torch to the Big Guys
Tue, 22 Apr 2014 14:44:00 GMT
Dow Today: Home Depot (HD) Leads The Day Higher, Exxon Mobil Corporation (XOM) Lags
Tue, 22 Apr 2014 14:00:00 GMT
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