Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 10.13% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock rose above the $95.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Andarko 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 Andarko is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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 Andarko
RBC Capital Markets Director in Top 10 Equity Analyst Interviews of 2013: MLP Return Predictions Reward Investors
Fri, 06 Dec 2013 20:32:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – December 6, 2013 – The Wall Street Transcript has just published its Top Ten Equity Analyst Interviews 2013 Report. This special feature contains expert industry commentary through …
Anadarko to Present at Upcoming Energy Conferences
Thu, 05 Dec 2013 21:10:46 GMT
noodls – HOUSTON, TX — (Marketwired) — 12/05/13 — Anadarko Petroleum Corporation (NYSE: APC) today announced that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will present …
Anadarko to Present at Upcoming Energy Conferences
Thu, 05 Dec 2013 21:00:00 GMT
Marketwired – Anadarko Petroleum Corporation today announced that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will present at the Wells Fargo Securities 2013 Energy Symposium on Wed, …
BP, Anadarko Ask Appeals Court to Reverse Spill Decision
Wed, 04 Dec 2013 21:20:41 GMT
Bloomberg – Anadarko Petroleum Corp. and BP Plc asked an appeals court to toss out a judge’s finding they were both liable under the U.S. Clean Water Act for the 2010 Gulf of Mexico oil spill.
What Impact Will ConocoPhillips’ Asset Sales Have?
Wed, 04 Dec 2013 16:32:38 GMT
Motley Fool – Why ConocoPhillips’ asset sales, including the most recent sale of three Algerian oilfields, bode well for the company’s dividend and growth prospects.
Related Posts
Also on Market Tamer…
Follow Us on Facebook