Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 17.65% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hess Corporation 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 up which suggests that the medium-term momentum for Hess Corporation is bullish.
The RSI indicator is at 77.61 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 Hess Corporation
Oil Stocks: Bounce Might Not Be Sustainable, Dividends Mostly Are
Wed, 14 Oct 2015 17:49:00 GMT
Votes Cast for Oil-Export Ban Lift; Obama Threatens Veto
Tue, 13 Oct 2015 19:40:07 GMT
Materion Introduces ToughMet 3 Sucker Rod Couplings
Tue, 13 Oct 2015 18:20:00 GMT
Business Wire – Materion Corporation , following a successful strategic alliance with Hess Corporation , has introduced new ToughMet 3 Sucker Rod Couplings that maximize oilfield production output and significantly reduce the costs of well operations when used in place of sucker rod couplings made of conventional steel materials.
House Votes to Lift Oil-Export Ban
Sat, 10 Oct 2015 03:38:16 GMT
House Votes to Lift Oil-Export Ban
Fri, 09 Oct 2015 21:05:35 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook