Helmerich & Payne's most recent trend suggests a bullish bias. One trading opportunity on Helmerich & Payne is a Bull Put Spread using a strike $55.00 short put and a strike $45.00 long put offers a potential 7.53% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Helmerich & Payne 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 Helmerich & Payne is bullish.
The RSI indicator is at 75.14 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 Helmerich & Payne
Unlikely stock market winners: oil companies with little debt
Thu, 17 Mar 2016 16:52:08 GMT
Helmerich & Payne Is the Oil Stock to Own — Here's Why
Thu, 17 Mar 2016 16:16:00 GMT
Helmerich & Payne downgraded by Morgan Stanley
Thu, 17 Mar 2016 11:03:34 GMT
Samsung and Apple Were Top Targets for Patent Suits in 2015
Tue, 15 Mar 2016 21:00:10 GMT
HP Turns to Windows Phone for Its First Smartphone in Years
Fri, 11 Mar 2016 14:11:00 GMT
Also on Market Tamer…
Follow Us on Facebook