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MMM

MMM 3M Company 141K Calls, $200 Strike Price, Expiring Sept. 16!I don`t know if you monitored the Option Chain last Friday. I always do that for my clients and I was shocked to see for MMM 3M Company 141K Calls with $200 Strike Price, Expiring Sept. 16! On Thursday we had 70K calls, same expiration date and strike price. It has to do something with 3M's Healthcare Spinoff which sees Roadblock from Veterans, which sued the company to block its planned spinoff of the healthcare business. I bet the call options buyers are thinking that the spinoff will be approved in court by September 16. The stock is one of the Dividend Kings, the company has increased its dividend for 65 years and the Forward Dividend & Yield id 5.96 (4.90%). At this oversold level, with the RSI at 22, i wouldn`t be surprised to see at least a technical bounce to $130, if not even higher. Looking forward to read your opinion about it!
NYSE:MMMLong
by TopgOptions
2
$MMM Longterm Investing OpportunityIs 3M currently a good Stock for a Dividendportfolio? NYSE:MMM $MMM is coming closer to a level where it's getting interesting for buy opportunities. The overall structure is still bullish on the monthly as well as on the weekly. The orderflow on the weekly is currently corrective as price is inside a very clean pullback (PB) The stock has been consolidating for the last weeks, which is a good sign because it is building liquidity on the bottom side, which we expect to get taken out before continuing to the upside. So from the technical side, we can start ticking the boxes if price sweeps the Liquidity that it is currently building up. From a fundamental perspective, 3M is getting closer to the fair value price, which is an additional confluence for me to open up long-term positions. It will be a good fit for my Dividendportfolio. I'll make an update if the stock makes significant changes in pricing.
NYSE:MMMLong
by Max_PowerFx
1
3M Company (NYSE: $MMM) Trading Near Multi-Year Lows ⭐3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; and reflective signage for highway, and vehicle safety. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is based in St. Paul, Minnesota.
NYSE:MMMLong
by Bullishcharts
2
10/06/22 EurUsd 1h AnalysisEurUsd created a peak formation Low and has played out a multi-session W pattern with heavy divergence on the TDI. Market price has now shifted from Bearish to Bullish and price rose from Peak Formation to Level 1 and did its first Stop hunt low to the 50ema on Friday which also coincides with the 1.05000 zone. Meaning this pair could either drop to the 1.03500 zone to create a 22 trade (2nd leg on the 2nd leg) or price action will follow the regular market movement and continue with its Bullish cycle. On Forex Factory there is news for Monday that will be good for the Eur currency.
by LilRusty
19/06/22 UsdCad 1h AnalysisUsdCad has been extremely Bullish for the entire week and price even surpassed the 1.29750 zone, while price surpassed the 1.29750 zone and rose all the way to the 1.30500 zone, it has also surpassed the x1 Average Daily Range, meaning it is busy creating the Peak Formation High, the ADR for UsdCad is 105 pips and on Friday it was 110 pips, exceeding the ADR. We are now expecting the price to create a Bearish structure whether it be a Head 'n Shoulders or a Multi-Session M which could play out over a few days. Suspect price to create a Lower-High on the 2nd leg on the Multi-M.
Short
by LilRusty
Time to buy!Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart: 1. Price levels are working good here 2. globally downtrend 3. no report in the following 2 weeks 4. approached with a big bar 5. way down with rollbacks 6. level of a rollback 7. enough room for a move 1 to 5.1 risk/reward 8. yesterday good news "3M guides for 1%-4% sales growth in 2022, in line with estimates" 9. the price came from above Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$ If it does make sense to you, press a thumb up! 👍
NYSE:MMMLong
by unfair_advantage
1