Intercontinental (ICE) Offering Possible 6.38% Return Over the Next 30 Calendar Days

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 6.38% return on risk over the next 30 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 $0.60 would be kept by the premium seller. The risk of $9.40 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 70.19 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

ICE Mortgage Technology Sets Records with Experience 2021
Thu, 15 Apr 2021 17:56:00 +0000
ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that its annual Experience conference, which was conducted virtually this year, concluded as the company’s most successful event to-date.

Betty Liu’s D & Z SPAC Said In Talks to Merge With Simplifi
Thu, 15 Apr 2021 16:39:10 +0000
(Bloomberg) — D & Z Media Acquisition Corp., a special purpose acquisition company co-sponsored by Intercontinental Exchange Inc., is in talks to merge with Simplifi Holdings Inc., an advertising technology platform, according to people with knowledge of the matter.The SPAC is seeking to raise new equity to support a transaction that values the combined entity at $1.5 billion or more, said one of the people, who asked to not be identified because the matter isn’t public. Terms aren’t finalized and it’s possible talks could fall apart.Representatives for D & Z, Simplifi and private equity firm GTCR, Simplifi’s majority owner, declined to comment.Simplifi, which also does business as, makes software that enables buyers of localized advertising to execute campaigns across various digital formats and devices. It says its platform is used by over 30,000 active advertisers including agencies, media groups, networks, and trading desks that collectively run 130,000 active daily campaigns.Simplifi is led by co-founders Chief Executive Officer Frost Prioleau and Chief Technology Officer Paul Harrison. The company recently bolstered its board with the appointment of Lynda Clarizio, a former Nielsen and AppNexus executive.D & Z is led by Chairman and CEO Betty Liu, a media entrepreneur and alumnus of both the New York Stock Exchange and Bloomberg TV. The blank-check firm raised about $288 million in a January initial public offering and said it would focus on finding a targets in the media and education technology sectors. Intercontinental Exchange and Navigation Capital Partners are co-sponsors of the SPAC, filings show.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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.

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 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.