EOG Resources's most recent trend suggests a bullish bias. One trading opportunity on EOG Resources is a Bull Put Spread using a strike $105.00 short put and a strike $95.00 long put offers a potential 22.1% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $1.81 would be kept by the premium seller. The risk of $8.19 would be incurred if the stock dropped below the $95.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for EOG Resources 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 EOG Resources is bullish.
The RSI indicator is at 31.58 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 EOG Resources
See what the IHS Markit Score report has to say about Eog Resources Inc.
Tue, 06 Nov 2018 13:01:58 +0000
Eog Resources Inc NYSE:EOG
What to Expect When Devon Energy Corp Reports Q3 Results
Mon, 05 Nov 2018 19:33:00 +0000
The U.S. oil giant expects to report on Tuesday evening.
Detailed Research: Economic Perspectives on Rexford Industrial Realty, Navistar International, Heidrick & Struggles International, Jones Energy, Extra Space Storage, and EOG Resources — What Drives Growth in Today's Competitive Landscape
Mon, 05 Nov 2018 12:55:00 +0000
NEW YORK, Nov. 05, 2018 — In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Dividends Are Making a Comeback in the Oil Patch
Sun, 04 Nov 2018 14:30:00 +0000
Oil stocks are becoming much friendlier to income-seeking investors this year.
EOG Resources Inc (EOG) Q3 2018 Earnings Conference Call Transcript
Fri, 02 Nov 2018 21:08:25 +0000
EOG earnings call for the period ending September 30, 2018.
Also on Market Tamer…
Follow Us on Facebook