Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 9.41% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock rose above the $92.50 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 31.94 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
“Smokeless” cigarettes will not relight Big Tobacco's prospects
Thu, 20 Nov 2014 15:44:00 GMT
Marlboro HeatSticks on sale in Milan this week
Wed, 19 Nov 2014 19:03:35 GMT
Marlboro HeatSticks on sale in Milan this week
Wed, 19 Nov 2014 19:03:35 GMT
How Will Philip Morris Sales Look Next Year?
Wed, 19 Nov 2014 16:30:09 GMT
Philip Morris to launch Marlboro HeatSticks system in Milan
Wed, 19 Nov 2014 16:08:08 GMT
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