Altria (MO) Offering Possible 14.42% Return Over the Next 22 Calendar Days

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Altria’s most recent trend suggests a bullish bias. One trading opportunity on Altria is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 14.42% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $45.00 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 74.95 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Altria

Altria Group, Inc. Director and Chairman of the Board of Directors Thomas F. Farrell II Announces Decision to Retire From Altria’s Board of Directors
Tue, 23 Mar 2021 20:30:00 +0000
ALTRIA GROUP, INC. DIRECTOR AND CHAIRMAN OF THE BOARD OF DIRECTORS THOMAS F. FARRELL II ANNOUNCES DECISION TO RETIRE FROM ALTRIA’S BOARD OF DIRECTORS

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Thu, 18 Mar 2021 20:48:00 +0000
Altria Group, Constellation Brands, and Anheuser-Busch InBev look set to trade higher as prices rise, according to RBC Capital Markets.

Duckhorn Portfolio Represents a Pure-Play Luxury Wine Opportunity as Shares Pop
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By Jarrett Banks and John Jannarone California wine producer Duckhorn Portfolio Inc. (ticker: NAPA), backed by private equity sponsor TSG, saw its market capitalization surge above $2 billion on the first day its shares traded on the New York Stock Exchange. The shares opened at $18.60, a pop from the IPO price of $15. The company, […]

Altria (MO) Outpaces Stock Market Gains: What You Should Know
Wed, 17 Mar 2021 21:45:09 +0000
Altria (MO) closed at $49.78 in the latest trading session, marking a +0.69% move from the prior day.

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