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 16.82% return on risk over the next 37 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 $0.72 would be kept by the premium seller. The risk of $4.28 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 47.7 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 Philip Morris
Falling euro delivers ‘double whammy'
Thu, 15 Jan 2015 11:37:00 GMT
Philippine affiliate of Philip Morris to trim 13 pct of country's workforce
Tue, 13 Jan 2015 08:22:42 GMT
Reuters – The Philippine affiliate of Philip Morris International Inc said on Tuesday it would cut 640 jobs, or nearly 13 percent of its workforce in the country, as it restructures cigarette manufacturing operations …
Best Dividend Stocks For Retirement Income In 2015
Wed, 31 Dec 2014 15:11:00 GMT
The Best U.S. Equity Factor ETFs
Wed, 24 Dec 2014 12:00:00 GMT
Morningstar – The exchange-traded fund universe is as vast and absurd as a Las Vegas buffet. Here's how to pick the best factor funds.
Corrections & Amplifications
Fri, 19 Dec 2014 02:34:44 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook