Intercontinental (ICE) Offering Possible 29.03% Return Over the Next 22 Calendar Days

Intercontinental's most recent trend suggests a bearish bias. One trading opportunity on Intercontinental is a Bear Call Spread using a strike $90.00 short call and a strike $100.00 long call offers a potential 29.03% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $7.75 would be incurred if the stock rose above the $100.00 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 63.11 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

Popular oil ETF USO plunges by about 20% at lows after halt as crude prices extend ugly drop
Tue, 21 Apr 2020 13:55:00 +0000
Trading in United States Oil Fund LP , one of the most popular ways for retail investors to gain exposure to crude-oil futures , plunged more than 20% at its low on Tuesday, after being halted for news pending before the opening bell. The sponsor for the exchange-traded fund, USCF, says that it will suspend the creation of shares of the ETF as oil has been beaten down due to oversupply and a lack of storage. The ETF holds between 25% and 30% of the June contract for West Texas Intermediate oil. USO saw about $1.5 billion in inflows as retail investors have tried to pick the turning point for embattled oil prices, which have been slammed due to a lack of storage and price pressures amid the outbreak of the COVID-19 pandemic, according to the Financial Times.The most actively traded June contract on Tuesday was down nearly 30% at $14.89 a barrel, a day after the front-month May contract staged a historic plunge to close in negative territory for the firs time ever. USO is down more than 76% so far this year, according to FactSet data. The temporary suspension of USO shares will not impact trade on ETF-focused exchange NYSE Arca, which is operated by the New York Stock Exchange, run by Intercontinental Exchange Inc.

Have Corporate Bonds Already Priced in Oil’s Collapse?
Tue, 21 Apr 2020 13:04:00 +0000
Bonds of oil-and-gas drillers have had a relatively muted reaction to the collapse in May oil futures on Monday.

Breckinridge Capital Advisors Selects ICE Climate Risk, Powered by risQ to Provide Data and Analytics for the Municipal Bond Market
Tue, 21 Apr 2020 12:30:00 +0000
Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that Breckinridge Capital Advisors has selected ICE Climate Risk, Powered by risQ, to provide climate risk data and analytics on the municipal bond market. ICE Climate Risk was launched by ICE Data Services and risQ to provide innovative climate risk analytics, to enable the municipal bond ecosystem to incorporate climate risk into project and investment decisions.

ICE ETF Hub Growth Continues in First Quarter With March Notional Volumes Surging, New Functionality Going Live
Mon, 20 Apr 2020 12:30:00 +0000
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that creation and redemption activity on ICE ETF Hub continued to increase throughout the first quarter of 2020, supported partly by new ETF Hub community members and functionality.

Senators’ privileged information does not often result in market-beating returns, Dartmouth research team concludes
Sat, 18 Apr 2020 12:55:00 +0000
When senators buy or sell stocks, they usually do worse than broader benchmarks, new academic research finds.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.