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 9.65% return on risk over the next 37 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 $0.44 would be kept by the premium seller. The risk of $4.56 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 50.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
S&P 500 companies with European exposure
Thu, 14 Aug 2014 16:35:00 GMT
Business events scheduled for Thursday
Wed, 13 Aug 2014 17:43:44 GMT
How Will Philip Morris (PM) Stock React To Possible Lawsuit In U.K. Over Cigarette Packaging?
Tue, 12 Aug 2014 13:33:00 GMT
Philip Morris prepared to sue UK over plain cigarette packaging
Tue, 12 Aug 2014 12:12:04 GMT
Philip Morris prepared to sue UK over plain cigarette packaging
Tue, 12 Aug 2014 12:08:40 GMT
Reuters – UK Focus – Philip Morris International , the world's largest tobacco company, is prepared to sue the British government should it implement a law requiring plain packaging of cigarettes, a document seen by Reuters …
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