Murphy Oil's most recent trend suggests a bullish bias. One trading opportunity on Murphy Oil is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 12.36% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Murphy Oil is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Murphy Oil is bullish.
The RSI indicator is at 30.77 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 Murphy Oil
Bulls clean up fast in Murphy Oil
Mon, 10 Feb 2014 10:16:51 GMT
Murphy Oil Corporation Announces Executive Promotions
Fri, 07 Feb 2014 22:51:54 GMT
noodls – EL DORADO, Arkansas, February 7, 2014 – Murphy Oil Corporation (NYSE:MUR) recently announced the following executive promotions, effective immediately. … This is an abstract of the original noodl. To …
Murphy Oil Corporation Announces Executive Promotions
Fri, 07 Feb 2014 22:01:01 GMT
Thomson Reuters ONE – EL DORADO, Arkansas , February 7, 2014 – Murphy Oil Corporation (NYSE:MUR) recently announced the following executive promotions, effective immediately. Walter K. Compton has been promoted to Executive …
Your first trade for Monday
Fri, 07 Feb 2014 18:20:34 GMT
CNBC – The “Fast Money” traders share their final trades of the day.
FMHR Final Trade: MUR, TOL, BAC & MA
Fri, 07 Feb 2014 17:58:00 GMT
CNBC – The FMHR traders reveal their final trades.
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