Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $85.00 short call and a strike $90.00 long call offers a potential 15.74% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $85.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock rose above the $90.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Philip Morris 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 Philip Morris is bearish.
The RSI indicator is at 30.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
Should You Flick Philip Morris International Into the Trash?
Wed, 02 Jul 2014 14:32:25 GMT
Philip Morris: Buy The Dip?
Wed, 02 Jul 2014 02:52:38 GMT
Is Philip Morris Stock About to Go Up in Smoke?
Tue, 01 Jul 2014 20:07:02 GMT
Philip Morris removed from Priority Stock List at Wells Fargo
Mon, 30 Jun 2014 11:10:47 GMT
Philip Morris: Time To Start Worrying
Mon, 30 Jun 2014 04:09:03 GMT
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