Lorillard's most recent trend suggests a bullish bias. One trading opportunity on Lorillard is a Bull Put Spread using a strike $60.50 short put and a strike $55.50 long put offers a potential 8.7% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $55.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lorillard 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 Lorillard is bullish.
The RSI indicator is at 54.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lorillard
Street Talk: Lorillard gets upgraded
Fri, 24 Oct 2014 18:50:00 GMT
Electronic Cigarette Maker Ready For Nasdaq Listing
Thu, 23 Oct 2014 18:33:00 GMT
Lorillard's Q3 Earnings In Line, Revenues Beat Estimates
Thu, 23 Oct 2014 16:00:03 GMT
Camel cigarette maker Reynolds bans smoking from offices
Thu, 23 Oct 2014 15:53:08 GMT
Newport maker Lorillard's 3Q profit jumps 12 pct
Thu, 23 Oct 2014 15:39:41 GMT
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