Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $105.00 short call and a strike $110.00 long call offers a potential 7.99% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $110.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Philip Morris is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Philip Morris is bearish.
The RSI indicator is at 23.92 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
Philip Morris International Inc. to Webcast Presentation at the Morgan Stanley Global Consumer & Retail Conference
Tue, 07 Nov 2017 16:13:00 +0000
Regulatory News:
Recent Analysis Shows Philip Morris, Danaher, Skechers, Sally Beauty, Spectrum Pharma, and Textron Market Influences – Renewed Outlook, Key Drivers of Growth
Tue, 07 Nov 2017 12:40:00 +0000
NEW YORK, Nov. 07, 2017– In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Philip …
Philip Morris outlines its plan for IQOS' introduction in the US
Thu, 02 Nov 2017 21:29:05 +0000
IQOS isn't for sale in the U.S. yet, but Philip Morris USA is already planning its rollout.
Philip Morris International Outlines Its Scientific Assessment Program and Results for Its Electronically Heated Tobacco Product (IQOS) in Latest Scientific Update for Smoke-Free Products
Thu, 02 Nov 2017 15:28:00 +0000
Philip Morris International Inc. today released its latest Scientific Update for Smoke-Free Products, a regular publication on its research efforts to develop and assess a range of potentially reduced-risk alternatives to cigarettes.
Cigarette Companies Will Have Ads on TV, but They Won't Help the Bottom Line
Wed, 01 Nov 2017 10:17:00 +0000
The new court-ordered campaign has tobacco giants paying for and producing their own anti-smoking ads.
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