Intercontinental (ICE) Offering Possible 21.95% Return Over the Next 27 Calendar Days

Intercontinental's most recent trend suggests a bearish bias. One trading opportunity on Intercontinental is a Bear Call Spread using a strike $97.50 short call and a strike $105.00 long call offers a potential 21.95% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $97.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $6.15 would be incurred if the stock rose above the $105.00 long call strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Intercontinental 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 Intercontinental is bullish.

The RSI indicator is at 41.03 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 Intercontinental

Intercontinental Exchange Unveils Real-Time Index Publication
Thu, 18 Jun 2020 15:40:03 +0000
Intercontinental Exchange (ICE) launches real-time publication of indices to enhance transparency of fixed-income markets.

Hester Serafini appointed President of ICE Clear Europe
Thu, 18 Jun 2020 12:12:00 +0000
Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announces that Hester Serafini has been appointed President of ICE Clear Europe, ICE’s London-based clearing house.

Edited Transcript of ICE.N earnings conference call or presentation 30-Apr-20 12:30pm GMT
Wed, 17 Jun 2020 17:55:26 +0000
Q1 2020 Intercontinental Exchange Inc Earnings Call

NYSE president says second half of year looks strong for IPOs
Wed, 17 Jun 2020 16:18:50 +0000

Nomura and partners launch digital asset custodian Komainu
Wed, 17 Jun 2020 14:00:00 +0000
Japanese bank Nomura Holdings Inc and cryptocurrency partners Ledger and CoinShares launched Komainu, a custodian to safeguard digital assets for financial institutions, on Wednesday. The joint venture, announced in 2018, is regulated by the Jersey Financial Services Commission, the companies said in a statement. Komainu's debut comes as more established financial firms explore offering custody and other services for cryptocurrencies such as bitcoin, and other digital assets.

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