Marathon Oil's most recent trend suggests a bearish bias. One trading opportunity on Marathon Oil is a Bear Call Spread using a strike $37.50 short call and a strike $42.50 long call offers a potential 5.26% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $42.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Marathon Oil 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 Marathon Oil is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Marathon Oil
Inventories surprise analysts as refineries begin maintenance
Mon, 06 Oct 2014 13:00:28 GMT
Jim Cramer Tells Stephanie Link Money Will Go to Secular Growth Trends
Wed, 01 Oct 2014 21:06:00 GMT
Jim Cramer and Stephanie Link: Sometimes You Have to Let Go of Good Companies
Wed, 01 Oct 2014 20:44:30 GMT
Marathon Petroleum's Speedway closes on Hess deal
Wed, 01 Oct 2014 12:41:39 GMT
Jim Cramer Tells Stephanie Link Downtrend in Commodities an Opportunity to Buy
Thu, 25 Sep 2014 16:40:30 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook