National Oilwell's most recent trend suggests a bullish bias. One trading opportunity on National Oilwell is a Bull Put Spread using a strike $65.50 short put and a strike $60.50 long put offers a potential 28.53% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.50 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $3.89 would be incurred if the stock dropped below the $60.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for National Oilwell 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 National Oilwell is bullish.
The RSI indicator is at 48.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for National Oilwell
Cramer's take on oil's crash
Wed, 10 Dec 2014 23:15:00 GMT
Where We See Opportunity in the Oil Price Slide
Wed, 03 Dec 2014 00:05:00 GMT
NATIONAL OILWELL VARCO INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex
Mon, 24 Nov 2014 11:02:07 GMT
Cramer: Stay true to convictions
Wed, 19 Nov 2014 23:15:00 GMT
National-Oilwell Varco: Generate Income In Uncertain Market
Tue, 18 Nov 2014 16:15:00 GMT
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