Intercontinental's most recent trend suggests a bullish bias. One trading opportunity on Intercontinental is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 11.73% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Intercontinental 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 Intercontinental is bullish.
The RSI indicator is at 69.21 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 Intercontinental
Coinbase is really worth $5 billion, not $100 billion: strategist
Wed, 14 Apr 2021 15:57:26 +0000
The Coinbase IPO has captivated the markets. But one strategist says the company isn't worth anywhere near the $100 billion some say it is. Here's why.
Is Intercontinental Exchange the Cathie Wood Stock for You?
Wed, 14 Apr 2021 10:05:00 +0000
You may know it as the company behind the New York Stock Exchange, but it offers a competitive moat and future growth opportunities.
ICE Benchmark Administration Launches ICE SONIA Indexes to Assist UK Lending Markets Transition to SONIA
Tue, 13 Apr 2021 12:00:00 +0000
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today announced that ICE Benchmark Administration Limited (“IBA”) has launched ICE SONIA Indexes for use by licensees, following a successful testing period.
ICE Announces That a Record 14,419 Murban Crude Oil Futures Contracts Traded on April 7
Thu, 08 Apr 2021 12:30:00 +0000
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 14,419 ICE Murban Crude Oil Futures contracts traded on ICE Futures Abu Dhabi (“IFAD”) on April 7, marking its highest volume day since the contracts launched on March 29. Alongside ICE Murban Crude Oil Futures, IFAD launched trading in 18 Murban-related cash settled derivatives and inter-commodity spreads, offering the market the broadest range of ways to trade and hedge Murban crude oil.
Intercontinental Exchange (ICE) Q1 & March Volumes Drop Y/Y
Wed, 07 Apr 2021 13:01:01 +0000
Intercontinental Exchange (ICE) reported soft average daily volume (ADV) for the first quarter and March 2021.
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