Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $104.00 short call and a strike $109.00 long call offers a potential 16.28% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $104.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $109.00 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 below 20 which suggests that the stock is in oversold 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
Philip Morris outlines its plan for IQOS' introduction in the US
Thu, 02 Nov 2017 21:29:05 +0000
IQOS isn't for sale in the U.S. yet, but Philip Morris USA is already planning its rollout.
Philip Morris International Outlines Its Scientific Assessment Program and Results for Its Electronically Heated Tobacco Product (IQOS) in Latest Scientific Update for Smoke-Free Products
Thu, 02 Nov 2017 15:28:00 +0000
Philip Morris International Inc. today released its latest Scientific Update for Smoke-Free Products, a regular publication on its research efforts to develop and assess a range of potentially reduced-risk alternatives to cigarettes.
Cigarette Companies Will Have Ads on TV, but They Won't Help the Bottom Line
Wed, 01 Nov 2017 10:17:00 +0000
The new court-ordered campaign has tobacco giants paying for and producing their own anti-smoking ads.
The Cigarettes of the Future Will Keep Tobacco Stocks Hot
Tue, 31 Oct 2017 14:31:00 +0000
Jefferies' Owen Bennett takes a look at the tobacco sector Tuesday, writing that the spookiest factor is the unknown, as the industry transitions into the tobacco of the future. Bennett writes that the new model should at least match the growth of the past: From fiscal 2008 to fiscal 2016, organic ebit growth averaged 5.4% for the sector, and he writes that conservative base-case assumptions for reduced risk products (RRP) put growth around 5.5% through 2026. As for specific companies, he believes that Philip Morris (PM) and British American Tobacco (BTI) will be the outperformers.
5 Things Philip Morris Management Wants You to Know
Mon, 30 Oct 2017 17:03:00 +0000
Find out how the tobacco giant is adapting to tough conditions.
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