Intercontinental's most recent trend suggests a bearish bias. One trading opportunity on Intercontinental is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 7.53% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Intercontinental 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 Intercontinental 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 Intercontinental
IntercontinentalExchange (ICE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Thu, 27 Jan 2022 20:01:08 +0000
ICE (ICE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Exchange Capital Management, Inc. Buys Invesco BulletShares 2023 Corporate Bond ETF, SPDR …
Thu, 27 Jan 2022 18:38:17 +0000
Ann Arbor, MI, based Investment company Exchange Capital Management, Inc. (Current Portfolio) buys Invesco BulletShares 2023 Corporate Bond ETF, SPDR Portfolio S&P 1500 Composite Stock Market ETF, Invesco BulletShares 2024 Corporate Bond ETF, WisdomTree International Hedged Quality Dividend G, Vanguard Tax-Exempt Bond ETF, sells iShares iBonds Dec 2021 Term Corporate ETF, Invesco BulletShares 2021 Corporate Bond ETF, iShares National Muni Bond ETF, iShares Short-Term National Muni Bond ETF, Anhe
ICE Midland WTI American Gulf Coast Futures Begin Trading With Over Two Million Barrels Traded
Thu, 27 Jan 2022 13:00:00 +0000
HOUSTON & LONDON, January 27, 2022–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Midland WTI American Gulf Coast futures (Midland WTI AGC) began trading on January 24, with the equivalent of over 2.8 million barrels traded within the first three days.
The Work Number® Enhances Instant Verifications Service Leveraging ICE Mortgage Technology's Encompass® Platform
Thu, 27 Jan 2022 12:45:00 +0000
Equifax (NYSE: EFX) announced that The Work NumberⓇ offers instant employment and income verifications service by leveraging the latest Encompass Partner Connect API platform with EncompassⓇ by ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. The technology infrastructure and simplified user interface create straightforward yet customizable pathways for loan officers to instantly tap into enhan
Squeezes, Margin and Naked Shorts: Join Hedge Fund Veteran Charles Gradante in Fireside Chat Monday at 12PM ET
Wed, 26 Jan 2022 21:01:23 +0000
CorpGov and the Palm Beach Hedge Fund Association will host a fireside chat with hedge fund veteran Charles Gradante on Monday, Jan. 31 at 12pm ET. Mr. Gradante, who recently attracted 100s of thousands of views of his controversial comments at the 2021 Palm Beach CorpGov Forum, will discuss the recent market volatility, the role […]
Related Posts
Also on Market Tamer…
Follow Us on Facebook