Fluor (FLR) Offering Possible 12.36% Return Over the Next 37 Calendar Days

Fluor’s most recent trend suggests a bearish bias. One trading opportunity on Fluor is a Bear Call Spread using a strike $32.50 short call and a strike $37.50 long call offers a potential 12.36% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $32.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $37.50 long call strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Fluor 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 down which suggests that the medium-term momentum for Fluor is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

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 Fluor

Lifshitz & Miller LLP Announces Investigation of 3M Company, Aquantia Corporation, Chesapeake Lodging Trust, Fluor Corporation, Gardner Denver Holdings, Inc., Heron Therapeutics, Inc., Intermolecular, Inc. and Mellanox Technologies, Ltd.
Mon, 13 May 2019 21:23:00 +0000
NEW YORK , May 13, 2019 /PRNewswire/ —  3M Company (MMM) Lifshitz & Miller announces investigation into possible securities laws violations in connection with 3M’s reported financial and operating results …

Fluor Corporation — Moody’s downgrades Fluor’s senior unsecured rating to Baa2; outlook negative
Fri, 10 May 2019 17:11:09 +0000
Moody’s Investors Service downgraded Fluor Corporation’s (“Fluor”) senior unsecured rating to Baa2 from Baa1. At the same time, Moody’s affirmed its P-2 unsecured commercial paper rating. “The downgrade of Fluor’s rating and maintaining the negative outlook reflects the recent deterioration in its operating results and credit metrics due to project bidding and execution issues and the risk that weaker trends will persist over the next 12 to 18 months,” said Michael Corelli, Moody’s Vice President — Senior Credit Officer and lead analyst for Fluor Corporation.

Fluor and Bayer Break Ground as Construction Starts for New Cell Culture Technology Center in California
Thu, 09 May 2019 13:27:00 +0000
Fluor Corporation (FLR) announced that a groundbreaking event was held today for Bayer’s first-of-a-kind cell culture technology center in Berkeley, California. Fluor is providing a single point of responsibility for engineering, procurement, construction management and commissioning, qualification and validation of the facility that will produce oncology and other therapeutics. “We look forward to working with Fluor on this exciting project, and benefiting from the company’s expertise in engineering, procurement, construction management and validation — all of which will allow us to have flexible and scalable facilities for the future and enable us to bring new medicines to patients faster,” said Judy Chou, Ph.D., senior vice president and global head of Bayer Biotech.

Get to know Fluor’s chief legal officer — and interim CEO
Tue, 07 May 2019 18:50:26 +0000
Fluor Corp. has promoted long-time chief legal officer Carlos Hernandez to the position of interim CEO.

See what the IHS Markit Score report has to say about Fluor Corp.
Tue, 07 May 2019 12:03:14 +0000
Fluor Corp NYSE:FLRView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for FLR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.34 billion over the last one-month into ETFs that hold FLR are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

Be Sociable, Share!

Related Posts