EOG Resources's most recent trend suggests a bullish bias. One trading opportunity on EOG Resources is a Bull Put Spread using a strike $96.00 short put and a strike $91.00 long put offers a potential 23.76% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $96.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $91.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for EOG Resources
The Worst Mistake Encana Corp. Investors Can Make Right Now
Wed, 27 Sep 2017 13:50:00 +0000
The oil stock is up 25% over the past year and more than double from its bottom last year, which makes profit-taking a temptation.
What Pioneer Natural Resources’ Implied Volatility Suggests
Tue, 26 Sep 2017 21:06:15 +0000
As of September 22, 2017, Pioneer Natural Resources (PXD) had an implied volatility of ~24.3%, which is lower than its implied volatility of ~28.0% at the end of 2Q17.
Where ConocoPhillips Stock Could Settle This Week
Tue, 26 Sep 2017 17:36:17 +0000
As of September 22, ConocoPhillips (COP) had an implied volatility of ~21.20%, which is lower than its implied volatility of ~25.47% at the end of 2Q17.
See what the IHS Markit Score report has to say about Eog Resources Inc.
Mon, 25 Sep 2017 12:06:44 +0000
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. There is no PMI sector data available for this security.
Eagle Ford Sees Surge In Production
Sat, 23 Sep 2017 23:00:00 +0000
While the Permian Basin dominates headlines, the Texas oil scene has another shale hotspot that is ready to break out
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