Altria (MO) Offering Possible 5.26% Return Over the Next 14 Calendar Days

view original post

Altria’s most recent trend suggests a bullish bias. One trading opportunity on Altria is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 5.26% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $43.00 long put strike price.

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

The RSI indicator is at 70.06 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 Altria

MO Stock: Is Marlboro Maker Altria A Buy As It Consolidates?
Thu, 06 Jan 2022 00:30:09 +0000
Altria is trying to become less of a cigarette company as demand fades. Is the stock a buy after breaking out then giving back its gains?

5 Top Dividend Kings to Buy in 2022 and Hold Forever
Tue, 04 Jan 2022 13:10:00 +0000
Dividend Kings are companies that are part of the S&P 500 index and have increased their annual payouts to shareholders annually for at least 50 years. Providing a half-century of annual payout growth signals that a company has a relatively strong underlying business and has been able to survive and thrive through big changes and shakeups along the way. If you’re seeking companies that can reliably increase their dividend payouts, read on for a look at five top Dividend King stocks to buy in 2022 and hold for the long term.

Altria (MO) Outpaces Stock Market Gains: What You Should Know
Mon, 03 Jan 2022 22:50:10 +0000
Altria (MO) closed the most recent trading day at $47.97, moving +1.22% from the previous trading session.

Have $2,000? These 2 Stocks Could Be Bargain Buys for 2022 and Beyond
Mon, 03 Jan 2022 11:03:00 +0000
The good news for investors is that the stock market’s gains have mostly been driven by a small selection of mega-cap tech giants, and there are still many promising companies trading at big discounts. Zynga (NASDAQ: ZNGA) stock kept falling across 2021’s trading, and I kept buying. After enjoying huge engagement surges at the height of pandemic-related restrictions in 2020, top publishers had a harder time delivering eye-catching growth to wow investors.

3 Reasons to Buy This Ultra-High-Yield Dividend Stock
Thu, 30 Dec 2021 13:05:00 +0000
The English physicist Isaac Newton’s first law of motion can also indirectly be applied to dividend investing. Newton’s physics standard, which says an object in motion tends to stay in motion, applies to how management at most companies tends to view dividends. To paraphrase, a dividend that is growing each year tends to stay growing with each passing year.

Be Sociable, Share!

Related Posts