Marathon Oil's most recent trend suggests a bearish bias. One trading opportunity on Marathon Oil is a Bear Call Spread using a strike $36.50 short call and a strike $41.50 long call offers a potential 8.7% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $36.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $41.50 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 20.19 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 Schedules Third Quarter 2014 Earnings Release and Conference Call
Wed, 08 Oct 2014 21:36:30 GMT
GlobeNewswire – HOUSTON — Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2014 earnings news release on Monday, Nov. 3, after the close of U.S. financial markets. Prepared remarks …
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Wed, 01 Oct 2014 20:44:30 GMT
Marathon Petroleum's Speedway closes on Hess deal
Wed, 01 Oct 2014 12:41:39 GMT
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