Intl Paper's most recent trend suggests a bearish bias. One trading opportunity on Intl Paper is a Bear Call Spread using a strike $54.00 short call and a strike $59.00 long call offers a potential 14.94% 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 $54.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $59.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Intl Paper 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 Intl Paper is bearish.
The RSI indicator is at 49.48 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 Intl Paper
International Paper (IP) Earnings Expected to Grow: Should You Buy?
Wed, 20 Oct 2021 19:02:07 +0000
International Paper (IP) 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.
Hedge Funds Aren’t Crazy About International Paper Company (IP) Anymore
Mon, 18 Oct 2021 13:49:27 +0000
In this article you are going to find out whether hedge funds think International Paper Company (NYSE:IP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
IP's Mansfield Team Addresses Clothing Insecurity at Local Elementary School
Fri, 15 Oct 2021 16:41:07 +0000
MANSFIELD, La. – After learning about school uniform insecurity at the Mansfield Elementary School, Industrial Packaging’s Mansfield, Louisiana, Mill team donated 466 articles of clothing to local …
International Paper Co. announces $2B share repurchase program, decreases cash dividend by 9.8%
Wed, 13 Oct 2021 18:52:19 +0000
Share repurchase programs are nothing new for the company. In October 2018, for example, they also announced a $2 billion share repurchase program.
International Paper Plans $2B Share Buyback; Slashes Dividend By 9.8%
Wed, 13 Oct 2021 10:45:47 +0000
International Paper Co (NYSE: IP) board of directors has approved a share repurchase program to acquire up to $2 billion of the company's common stock. The new authorization is in addition to $1.3 billion remaining as of Q3 end from a previous repurchase authorization. The company's board of directors also decreased the quarterly dividend by $0.05 per share or 9.8%, bringing the per-share dividend to $1.85 annually. The dividend is being decreased by 9.8% from $0.5125 to $0.4625 per share for th
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