Marathon Oil's most recent trend suggests a bearish bias. One trading opportunity on Marathon Oil is a Bear Call Spread using a strike $40.50 short call and a strike $45.50 long call offers a potential 7.99% 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 $40.50 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $45.50 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 at 60.49 level which suggests that the stock is neither overbought nor oversold at this time.
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
Marathon CEO on ISIS: Remain hopeful
Thu, 04 Sep 2014 19:16:00 GMT
Marathon Oil Unconventional Resource Grows, to Add Rigs
Thu, 04 Sep 2014 18:50:02 GMT
Former U.S. Iraq Chief: The Time To Destroy ISIS Is Now
Thu, 04 Sep 2014 15:45:00 GMT
Marathon Petroleum Prices $1.95B Notes for Hess Buyout
Wed, 03 Sep 2014 19:55:02 GMT
Marathon Oil Adds Significant Unconventional Resource, Positions for Further Acceleration
Wed, 03 Sep 2014 13:10:58 GMT
GlobeNewswire – HOUSTON — Marathon Oil Corporation (NYSE: MRO) President and CEO Lee M. Tillman, speaking at the Barclays CEO Energy-Power Conference in New York today, provided investors with key updates on the Company's …
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