Intercontinental (ICE) Offering Possible 9.89% Return Over the Next 13 Calendar Days

Intercontinental's most recent trend suggests a bullish bias. One trading opportunity on Intercontinental is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 9.89% return on risk over the next 13 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 $0.45 would be kept by the premium seller. The risk of $4.55 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 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 60.48 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Intercontinental

Intercontinental Exchange (ICE) Closes Ellie Mae Buyout
Mon, 07 Sep 2020 14:39:02 +0000
Intercontinental Exchange (ICE) acquires Ellie Mae to automate and digitize residential mortgage workflow.

Intercontinental Exchange Completes Acquisition of Ellie Mae from Thoma Bravo
Fri, 04 Sep 2020 12:30:00 +0000
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced that it has received regulatory approval and fully completed its $11 billion acquisition of Ellie Mae from leading private equity firm Thoma Bravo.

Intercontinental Exchange Chief Financial Officer Scott Hill and Ellie Mae Chief Operating Officer Joe Tyrrell to Present at the Barclays Global Financial Services Conference on September 15
Thu, 03 Sep 2020 20:30:00 +0000
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that Scott Hill, Intercontinental Exchange CFO, and Joe Tyrrell, Ellie Mae COO, will present at the Barclays Global Financial Services Conference on Tuesday, September 15 at 11:15 am ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice.com/.

Intercontinental Exchange Reports August Statistics
Thu, 03 Sep 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 reported August 2020 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.

Intercontinental Exchange, Inc. — Moody's announces completion of a periodic review of ratings of Intercontinental Exchange, Inc.
Wed, 02 Sep 2020 16:12:06 +0000
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Intercontinental Exchange, Inc. New York, September 02, 2020 — Moody's Investors Service (“Moody's”) has completed a periodic review of the ratings of Intercontinental Exchange, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

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