Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 6.38% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Haliburton 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 Haliburton is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Haliburton
Exploring the Options Trade on Halliburton
Tue, 05 Nov 2013 16:16:06 GMT
Bloomberg – Nov. 4 (Bloomberg) — In today's “Options Update,” Bloomberg's Alix Steel and Jim Strugger, derivatives strategist at MKM Holdings, examine the options trade on Halliburton in “On The Markets.” …
One Put, One Call Option To Know About for Halliburton
Mon, 04 Nov 2013 18:49:00 GMT
Forbes – Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Halliburton Company (NYSE: HAL). So this week we highlight one interesting put contract, and one interesting call contract, from the April 2014 expiration for HAL. The put contract our YieldBoost algorithm identified […]
Why You Should Buy Halliburton
Mon, 04 Nov 2013 16:10:26 GMT
Seeking Alpha – Oil and gas producing companies are searching for methods to increase productivity of wells located in the U.S. The increasing productivity has instigated the development of a myriad of technologies for …
Oil Field Services Companies: Key Takeaways From Q3 Results And Investment Implications
Thu, 31 Oct 2013 22:35:53 GMT
Seeking Alpha – Each earnings season, we look forward to poring over quarterly results from the big four oil-field services companies – Schlumberger (NYSE: SLB ), Halliburton (NYSE: HAL ), Baker Hughes (NYSE: BHI ) and …
Oceaneering Eyes Deep Penetration In Offshore Oil
Thu, 31 Oct 2013 18:09:00 GMT
Investor's Business Daily – Oceaneering Eyes Deep Penetration In Offshore Oil
Also on Market Tamer…
Follow Us on Facebook