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 5 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 at 26.06 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
ICE Offers ESG Data on Over 1.5 Million Mortgage-Backed Securities
Thu, 07 Apr 2022 12:30:00 +0000
ATLANTA & NEW YORK, April 07, 2022–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that it launched Environmental, Social and Governance (ESG) data coverage on more than 1.5 million mortgage-backed securities, increasing its total fixed income coverage to over 3 million instruments. ICE’s mortgage-backed securities data set accounts for approximately 95% of all outstanding securitized real estate loan volume i
Intercontinental Exchange Reports March and First Quarter 2022 Statistics
Tue, 05 Apr 2022 12:30:00 +0000
ATLANTA & NEW YORK, April 05, 2022–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today reported March 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
Biden's SPR Release Sends Oil Prices Below $100
Fri, 01 Apr 2022 19:00:00 +0000
Oil prices are set for the biggest weekly decline in two years following the decision by President Biden to release 180 million barrels of oil
ICE To Launch U.S. Residential Mortgage Rate Lock Index Futures
Thu, 31 Mar 2022 12:00:00 +0000
PLEASANTON, Calif. & NEW YORK, March 31, 2022–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch its first mortgage futures contracts on June 13, 2022, subject to regulatory approval.
ICE Weighs Moving Its London CDS Clearinghouse to Chicago
Wed, 30 Mar 2022 17:44:39 +0000
(Bloomberg) — The Intercontinental Exchange Inc. is considering moving its European clearinghouse service for credit-default swaps to the U.S.Most Read from BloombergNever Had Covid? You May Hold Key To Beating the VirusHome Prices Suggest Housing Bubble Brewing in U.S., Dallas Fed SaysApple and Meta Gave User Data to Hackers Who Used Forged Legal RequestsPutin ‘Misinformed’ by Advisers on the War, White House SaysBiden Poised to Use Cold-War Powers to Boost Battery MetalsThe firm is in talks w
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