Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $117.00 short put and a strike $112.00 long put offers a potential 35.14% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $117.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $112.00 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 45.39 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
What's the Future of Cigarette Stocks?
Wed, 05 Jul 2017 13:14:00 +0000
Find out which industry giants are adapting the best to changing consumer preferences.
Philip Morris Smokeless IQOS' U.K. Prospects Look Bright
Mon, 03 Jul 2017 14:18:02 +0000
Philip Morris (PM) has the potential to make Britain smoke-free via its IQOS.
Tobacco group Philip Morris sees iQOS as key to smokeless future in UK
Fri, 30 Jun 2017 16:21:11 +0000
Cigarette maker Philip Morris International thinks its iQOS heated tobacco product can make Britain smoke-free in the coming years, an executive said on Friday. Since iQOS was launched in the UK in December, Philip Morris has found that about 70 percent of people that use it are able to give up conventional cigarettes, Peter Nixon, its UK and Ireland managing director, told BBC Radio. “It's unprecedented,” Nixon told the Today show.
3 Reasons Philip Morris International, Inc. Stock Could Fall
Fri, 30 Jun 2017 13:08:00 +0000
The global tobacco giant faces challenges. Find out about them.
Philip Morris (PM) Gains Despite Tobacco Industry Headwinds
Thu, 29 Jun 2017 15:56:03 +0000
Philip Morris (PM) has managed to entice investors, despite the health-related concerns associated with tobacco.
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