Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 21.36% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $4.12 would be incurred if the stock dropped below the $90.00 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 at 69.61 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
Was The Smart Money Right About Philip Morris International Inc. (PM)?
Tue, 04 May 2021 13:19:11 +0000
We at Insider Monkey have gone over 887 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of December 31st. In this article, we look at what those funds think of Philip Morris International Inc. (NYSE:PM) based on […]
Philip Morris Is the ‘Vanguard of a Revolution’
Fri, 30 Apr 2021 14:36:00 +0000
Stifel analyst Christopher Growe reiterated a Buy rating and $110 price target on Philip Morris. He sees a “significant inflection” in margins for IQOS in the next three years.
MO Stock: Is Marlboro Maker Altria A Buy After Earnings, FDA Crackdown?
Thu, 29 Apr 2021 19:23:09 +0000
Altria is trying to become less of a cigarette company as demand fades. Is the stock a buy after breaking out then giving back its gains?
The Zacks Analyst Blog Highlights: Procter & Gamble, Verizon, Morgan Stanley, Philip Morris International and Deere & Co
Wed, 28 Apr 2021 10:34:10 +0000
The Zacks Analyst Blog Highlights: Procter & Gamble, Verizon, Morgan Stanley, Philip Morris International and Deere & Co
How Has Philip Morris' Q1 Earnings Beat Impacted Staples ETFs?
Mon, 26 Apr 2021 22:00:10 +0000
Let's take a look at some staples ETFs with significant exposure to Philip Morris (PM) that can gain from its upbeat earnings.
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