Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $77.00 short put and a strike $72.00 long put offers a potential 23.15% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.00 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $4.06 would be incurred if the stock dropped below the $72.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Philip Morris 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 up which suggests that the medium-term momentum for Philip Morris is bullish.
The RSI indicator is at 72.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
8 Lowest Tar and Nicotine Cigarette Brands in 2019
Mon, 14 Oct 2019 02:28:30 +0000
For those looking for a milder taste and lighter effect of a cigarette, we prepared a list of lowest tar and nicotine cigarette brands in 2019. Let’s start off with some crude facts. A cigarette consists of around 600 ingredients, which contain more than 7000 chemicals, of which 4,000 to 5,000 are harmful. Tar and nicotine are only two […]
Researcher explains how e-cigarette smoke is linked to lung cancer in mice
Fri, 11 Oct 2019 18:54:33 +0000
The CDC says the total cases of vaping-related illnesses rose to nearly 1,300 incidents, and at least 26 confirmed deaths. Yahoo Finance's Zack Guzman & Julia La Roche, along with CapitalistBook.com author Nathan Latka discuss with NYU School of Medicine's Moon-Shong Tang.
Earnings Preview: Philip Morris (PM) Q3 Earnings Expected to Decline
Thu, 10 Oct 2019 14:31:02 +0000
Philip Morris (PM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Philip Morris International Inc. to Host Webcast of 2019 Third-Quarter Results
Thu, 10 Oct 2019 14:16:00 +0000
Will Cigarette Woes Hurt Philip Morris (PM) in Q3 Earnings?
Thu, 10 Oct 2019 13:27:01 +0000
Philip Morris' (PM) Q3 performance to gain from pricing and IQOS expansion. However, low cigarette sales volumes are a worry.
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