Marathon Oil's most recent trend suggests a bearish bias. One trading opportunity on Marathon Oil is a Bear Call Spread using a strike $39.00 short call and a strike $44.00 long call offers a potential 7.3% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $39.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock rose above the $44.00 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 33.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marathon Oil
Marathon Oil (MRO) Is Today's Water-Logged And Getting Wetter Stock
Tue, 05 Aug 2014 17:55:00 GMT
Marathon Oil Q2 Earnings Beat Estimates on Higher Production
Tue, 05 Aug 2014 13:30:03 GMT
MARATHON OIL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit
Tue, 05 Aug 2014 10:00:17 GMT
1:48 am Marathon Oil beats by $0.14
Tue, 05 Aug 2014 05:48:00 GMT
Marathon Oil Second Quarter 2014 Adjusted Net Income Per Diluted Share Up 33% Year Over Year
Tue, 05 Aug 2014 02:39:17 GMT
noodls – HOUSTON, Aug. 4, 2014 (GLOBE NEWSWIRE) — Marathon Oil Corporation (NYSE:MRO) today reported second quarter of 2014 adjusted net income was $603 million, or $0.89 per diluted share, compared to adjusted …
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