Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 7.07% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $77.50 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 78.23 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
Business Highlights
Wed, 09 Apr 2014 21:42:25 GMT
AP – ___ Stocks rise on Wall Street after 3 days of losses Investors' jitters over emerging markets faded Tuesday, and U.S. stocks rose for the first time in four days. Global stock markets stabilized after …
Philip Morris: Be Cautious And Step Back
Wed, 09 Apr 2014 04:23:35 GMT
Big Differences In Big Tobacco
Tue, 08 Apr 2014 09:32:26 GMT
Is Altria Group or Philip Morris International the Better Tobacco Stock?
Mon, 07 Apr 2014 21:08:00 GMT
The hunt for yield
Mon, 07 Apr 2014 18:47:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook