Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $109.00 short put and a strike $104.00 long put offers a potential 7.07% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $109.00 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 $104.00 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 above 80 which suggests that the stock is in overbought territory.
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
Big Tobacco Has Caught Startup Fever
Wed, 08 Mar 2017 10:00:16 GMT
Philip Morris International (PMI) Listed among 100 Top Patent Filers by the European Patent Office
Tue, 07 Mar 2017 11:03:00 GMT
Philip Morris International (PMI) Listed among 100 Top Patent Filers by the European Patent Office
Tue, 07 Mar 2017 11:03:00 GMT
Business Wire – The European Patent Office published today its Annual Report including the list of top 100 patent applicants for 2016, with Philip Morris International Inc. ranked 63rd.
Why Philip Morris International Shareholders Have Something to Worry About
Mon, 06 Mar 2017 15:44:00 GMT
Why Is Philip Morris (PM) Up 11.5% Since the Last Earnings Report?
Mon, 06 Mar 2017 08:08:08 GMT
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