Cabot Oil & Gas’s most recent trend suggests a bearish bias. One trading opportunity on Cabot Oil & Gas is a Bear Call Spread using a strike $35.00 short call and a strike $40.00 long call offers a potential 13.64% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $35.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock rose above the $40.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cabot Oil & Gas is bearish and the probability of a decline 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 Cabot Oil & Gas is bearish.
The RSI indicator is at 36.66 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 Cabot Oil & Gas
We Should Stop Obsessing Over This Energy Industry Metric
Sat, 09 Nov 2013 22:00:17 GMT
Motley Fool – Whiting Petroleum and Caobt Oil & Gas have shown that cost per well isn’t the only way to look at how we evaluate performance anymore.
Is This Shale Play Bad News for Southwestern Energy?
Fri, 01 Nov 2013 17:04:26 GMT
Motley Fool – Why declining capital efficiency and spiking development costs in the Fayetteville shale could be bad for Southwestern Energy.
Ex-Dividend Reminder: BWP, MWE and COG
Fri, 01 Nov 2013 14:15:00 GMT
CABOT OIL & GAS CORP Financials
Thu, 31 Oct 2013 17:04:56 GMT
Today’s 3 Worst Stocks in the S&P 500
Wed, 30 Oct 2013 23:52:54 GMT
Motley Fool – Post-earnings fallout and a grumpy Mexican commission cast grey skies over these three stocks today
Also on Market Tamer…
Follow Us on Facebook