Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 6.84% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $80.00 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 72.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
Lorillard CEO to get $44M after Reynolds merger
Mon, 20 Oct 2014 18:47:13 GMT
Lorillard CEO to get $44M after Reynolds merger
Mon, 20 Oct 2014 18:47:13 GMT
Philip Morris Plans to Expand in Emerging Markets
Mon, 20 Oct 2014 05:50:11 GMT
Philip Morris Weak Sales Hurt Profit, Flagship Store to Open in Japan
Thu, 16 Oct 2014 19:19:00 GMT
Philip Morris third-quarter profit falls 8%
Thu, 16 Oct 2014 18:56:15 GMT
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