Marathon Oil's most recent trend suggests a bearish bias. One trading opportunity on Marathon Oil is a Bear Call Spread using a strike $34.00 short call and a strike $39.00 long call offers a potential 6.16% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $34.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $39.00 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 at 35.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marathon Oil
BG’s Sale of North Sea Fields Said to Stall
Wed, 19 Nov 2014 00:01:00 GMT
Marcela E. Donadio elected to Marathon Oil Corporation Board of Directors
Wed, 12 Nov 2014 22:17:25 GMT
noodls – HOUSTON, Nov. 12, 2014 (GLOBE NEWSWIRE) — Marathon Oil Corporation (NYSE: MRO) announced today that Marcela E. Donadio has been elected to the Company's board of directors, effective Dec. 1, 2014. Donadio, …
MARATHON OIL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Wed, 12 Nov 2014 22:09:07 GMT
Marcela E. Donadio elected to Marathon Oil Corporation Board of Directors
Wed, 12 Nov 2014 22:01:00 GMT
GlobeNewswire – HOUSTON — Marathon Oil Corporation (NYSE: MRO) announced today that Marcela E. Donadio has been elected to the Company's board of directors, effective Dec. 1, 2014.
MARATHON OIL CORP Financials
Tue, 11 Nov 2014 18:04:19 GMT
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