Intl Paper's most recent trend suggests a bullish bias. One trading opportunity on Intl Paper is a Bull Put Spread using a strike $63.00 short put and a strike $58.00 long put offers a potential 21.95% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $63.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $58.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Intl Paper 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 Intl Paper is bullish.
The RSI indicator is at 60.47 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
Top Ranked Income Stocks to Buy for May 21st
Fri, 21 May 2021 13:53:01 +0000
Top Ranked Income Stocks to Buy for May 21st
International Paper Launches Signature Pro Bono Initiative
Thu, 20 May 2021 17:14:00 +0000
International Paper (NYSE: IP) announced today the kick-off of the Signature Pro Bono Initiative, marking a significant milestone for the legal community in Tennessee and for individuals living in the state's underserved communities. As part of the Tennessee Pro Bono Services Alliance, this initiative will help deliver equal justice to Tennessee residents by focusing specifically on expungement, voter rights restoration and driver's license reinstatement.
International Paper Chairman and CEO to Speak at KeyBanc Industrials & Basic Materials Virtual Conference
Wed, 19 May 2021 20:15:00 +0000
International Paper (NYSE: IP) Chairman and Chief Executive Officer Mark Sutton will take part in a fireside chat at the KeyBanc Industrials & Basic Materials Virtual Conference on June 3, 2021. The fireside chat is scheduled to begin at 11:20 a.m. EST. All interested parties are invited to listen to the webcast live via International Paper's Internet site http://www.internationalpaper.com by clicking on the “Performance” tab and then clicking on the “Presentations and Events” link. A replay of the webcast will be available on the website approximately three hours after the presentation.
U.S. labor market is ‘overheating' despite vaccine efforts: CEO
Wed, 19 May 2021 14:43:15 +0000
Mark Sutton, International Paper Chairman and CEO joins Yahoo Finance Live to discuss the e-commerce boom, supply chain challenges and outlook for the paper and package industry.
How to Find Strong Buy Basic Materials Stocks Using the Zacks Rank
Wed, 12 May 2021 16:24:04 +0000
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
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