Lorillard's most recent trend suggests a bullish bias. One trading opportunity on Lorillard is a Bull Put Spread using a strike $47.50 short put and a strike $42.50 long put offers a potential 11.86% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $42.50 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 73.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lorillard
Q3 2013 Lorillard, Inc. Earnings Release – Before Market Open
Wed, 23 Oct 2013 11:08:08 GMT
Lorillard, Inc. Reports Third Quarter Results
Wed, 23 Oct 2013 11:00:00 GMT
PR Newswire – GREENSBORO, N.C., Oct. 23, 2013 /PRNewswire/ — Lorillard, Inc. (NYSE: LO) announced today its results for the quarter ended September 30, 2013. Third Quarter Highlights Net sales increased 10.0% over …
Stocks look technically sound amid earnings barrage
Wed, 23 Oct 2013 02:23:58 GMT
CNBC – Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
Earnings Preview: Altria Group Inc.
Tue, 22 Oct 2013 10:17:37 GMT
Will Lorillard Crush Altria and Reynolds American?
Mon, 21 Oct 2013 15:32:27 GMT
Motley Fool – Cigarettes are supposed to be on the decline, but Lorillard has thrived over rivals Altria and Reynolds American in finding ways to grow. Will Lorillard earnings benefit?
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