Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Murphy Oil (MUR) Trading Near $26.94 Support Level

Mar 20, 2017 (Marketintelligencecenter.com via COMTEX) --

Murphy Oil (<a href="http://www.marketintelligencecenter.com/symbol/MUR">MUR</a>) closed Mar 17, 2017 at $27.21 and technical indicators recently have been bearish. Those factors were considered when the patented option-trade picking algorithm that powers MarketIntelligenceCenter.com's Artificial Intelligence Center identified an attractive trading opportunity in Murphy Oil for today. For a conservative trade, look at a covered call using the Jul 21, 2017 $25 call for a $9.09 net debit. This trade has an assigned return of 5.33% but the downside protection increases to 12.83%. Standard & PooraEUR(TM)s has a 3 STARS (out of 5) hold ranking and a 12-month target price of $32 on Murphy Oil. Over the last 52 weeks the stock has traded between $23.04 and $37.48.A

(C) Copyright 2017, Marketintelligencecenter.com. All rights reserved. ********************************************************************** As of Thursday, 03-16-2017 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition syst

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 48.14
Nat Gas 3.081
Corn 356 2/8
Cotton #2 77.47
Gold 1243.3
Copper 2.6395
Euro 1.08425
USD Index 99.442
SP500 E-mini 2342.75
DJIA E-mini 20575
close_icon
open_icon