3M (MMM) Offering Possible 41.64% Return Over the Next 29 Calendar Days

3M's most recent trend suggests a bullish bias. One trading opportunity on 3M is a Bull Put Spread using a strike $202.50 short put and a strike $197.50 long put offers a potential 41.64% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $202.50 by expiration. The full premium credit of $1.47 would be kept by the premium seller. The risk of $3.53 would be incurred if the stock dropped below the $197.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for 3M 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 3M is bullish.

The RSI indicator is at 46.71 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 3M

3M Files Additional Lawsuit to Enforce Its Patent Rights in Metal Mesh Conductor Technology Used in Touch Screens
Mon, 20 Aug 2018 18:50:00 +0000
3M and 3M Innovative Properties Co. filed a patent infringement lawsuit today in federal district court in Las Vegas, Nev., against South Korea-based Tovis Co. Ltd. and its subsidiary Tovis North America, and Scientific Games Corporation.

3M’s Quarterly Dividend and Board of Directors Update
Mon, 20 Aug 2018 15:07:08 +0000
On August 14, 3M (MMM) announced its latest quarterly dividend. The dividend will be paid to shareholders on the company’s outstanding shares. 3M declared a dividend of $1.36 per share. To be eligible for the dividend, investors should hold 3M shares as of the close on August 24. The dividend is expected to be paid on September 12.

10 Dividend Aristocrats You Never Have to Worry About
Fri, 17 Aug 2018 19:38:45 +0000
The fact of the matter is, however, for many investors the bulk of their total investing profits reaped for the long haul will come from dividends… even dividends that are reinvested in the companies paying them. With that as the backdrop, here’s a rundown of the market’s highest-quality dividend stocks … dividend payers that could be considered the aristocrats among the market’s income-oriented investments.

3M to pay $9.1 mln over defective military ear plugs
Fri, 17 Aug 2018 15:10:44 +0000
The 3M Co. has agreed to pay $9.1 million to settle allegations it knowingly sold defective combat ear plugs to the U.S. military without disclosing defects that limited the effectiveness of the hearing protection devices, the U.S. Justice Department said on Thursday. A settlement frees 3M from the inconvenience of a long investigation and litigation, it said. The 3M payment settles allegations that 3M and its predecessor, Aearo Technologies Inc., knew the ear plugs it sold the military were too short for proper insertion into the users' ears and could loosen and not perform effectively in some people, the Justice Department said.

3M Transforms Main Headquarters to Inspire Curiosity and Wonder
Thu, 16 Aug 2018 13:35:00 +0000
3M’s commitment to harnessing the power of curiosity and wonder is made visible today by the completion of a major design installation at their headquarters building in St. Paul, Minn. Global science company 3M has wrapped its main headquarters building to encourage people to pursue their own sense of curiosity that can lead to discovery and problem solving. The Wonder campaign seeks to inspire people to examine the world around them and see that curiosity can lead to great discoveries.

Be Sociable, Share!

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.