Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $118.00 short put and a strike $113.00 long put offers a potential 10.38% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $118.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $113.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Philip Morris 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 Philip Morris is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Philip Morris
Here's Why the Worst Might Be Yet to Come for Philip Morris International
Wed, 31 May 2017 16:40:00 +0000
The company's first-mover advantage is about to be put to the test.
Amazon is the Anti-Trump Stock: Cramer's ‘Mad Money' Recap (Tuesday 5/30/17)
Wed, 31 May 2017 10:15:00 +0000
With Washington looking farther than ever from passing tax reform, what should investors do?
Cramer Remix: Your No. 1 stock for when Trump can’t get anything done
Tue, 30 May 2017 22:59:39 +0000
Jim Cramer prepared investors for slow growth days ahead in case Wall Street gets a rude awakening from the White House.
BAT's Glo Roll-Out in Japan Sets Up Three-Way War for Smokers
Tue, 30 May 2017 08:45:23 +0000
British American Tobacco is expanding sales of its heated tobacco device next month to Tokyo, just as former cigarette monopoly Japan Tobacco Inc. introduces its Ploom product there in a fight to gain …
Will PM Win Big on its ‘Reduced Harm’ Products?
Fri, 26 May 2017 18:59:00 +0000
Piper Jaffray starts coverage of Philip Morris at overweight, foreseeing EPS growth from iQOS.
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