Noble Corporation's most recent trend suggests a bullish bias. One trading opportunity on Noble Corporation is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 14.42% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 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 $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Noble Corporation 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 Noble Corporation is bullish.
The RSI indicator is at 66.02 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 Noble Corporation
Noble Corporation Provides Fleet Contract Status Update
Thu, 14 Nov 2013 22:00:00 GMT
PR Newswire – ZUG, Switzerland, Nov. 14, 2013 /PRNewswire/ — Noble Corporation (NYSE: NE) today announced that its report of drilling rig status and contract information has been updated as of November 14, 2013. The …
Noble Corporation to Present at the Bank of America Merrill Lynch 2013 Global Energy Conference
Thu, 14 Nov 2013 16:07:00 GMT
PR Newswire – ZUG, Switzerland, Nov. 14, 2013 /PRNewswire/ — Noble Corporation (NE) today announced that James A. MacLennan, Senior Vice President and Chief Financial Officer, Noble Corporation, will present at the Bank of America Merrill Lynch 2013 Global Energy Conference in Miami on Thursday, November 21, 2013, beginning at 8:15 a.m. U.S. Eastern Standard Time. A live webcast and presentation slides will be available at the time of the presentation in the “Investor Relations” section of the Company's Web site http://www.noblecorp.com.
NOBLE CORP / SWITZERLAND Financials
Fri, 08 Nov 2013 18:04:18 GMT
NE Makes Bullish Cross Above Critical Moving Average
Thu, 07 Nov 2013 21:19:00 GMT
Offshore Drilling Stocks: Buy, Sell, Hold
Wed, 06 Nov 2013 00:02:23 GMT
Also on Market Tamer…
Follow Us on Facebook