Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $109.00 short put and a strike $104.00 long put offers a potential 12.61% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $109.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock dropped below the $104.00 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
Why Is Philip Morris (PM) Up 11.5% Since the Last Earnings Report?
Mon, 06 Mar 2017 08:08:08 GMT
Philip Morris International's Plans for 2017
Fri, 03 Mar 2017 15:45:00 GMT
What to buy as the rally stalls
Thu, 02 Mar 2017 20:50:00 GMT
A Good Long Idea in the Past, Most Valuable in the Future
Thu, 02 Mar 2017 18:03:08 GMT
Why Analysts Are Optimistic about Philip Morris
Thu, 02 Mar 2017 14:06:43 GMT
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