State Street (STT) Offering Possible 11.61% Return Over the Next 16 Calendar Days

State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 11.61% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock dropped below the $65.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for State Street 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 State Street is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought 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 State Street

What’s next for One Lincoln when State Street moves out?
Thu, 24 Jan 2019 11:21:28 +0000
State Street Corp. made history in 2001 when it agreed to lease more than 1 million square feet of office space at 1 Lincoln St., a 36-story tower that was the first in Boston to be built on speculative basis since the 1980s. At the time, the financial services giant's (NYSE: STT) lease was the largest ever in Boston as well as Massachusetts. State Street's upcoming departure to One Congress, announced this week, will leave Brooklyn, New York-based landlord Fortis Property Group with myriad options in an increasingly tight office market.

State Street to move HQ to $900M One Congress tower in downtown Boston
Wed, 23 Jan 2019 15:23:22 +0000
The financial services giant is headed to the 43-story One Congress Tower that is set to be built near City Hall.

State Street Announces New Boston Flagship Headquarters
Wed, 23 Jan 2019 15:02:00 +0000
Will Occupy Space in City’s Major Redevelopment Area by 2023

See what the IHS Markit Score report has to say about State Street Corp.
Tue, 22 Jan 2019 13:05:30 +0000
# State Street Corp

### NYSE:STT

View full report here!

## Summary

* ETFs holding this stock have seen outflows over the last one-month
* Bearish sentiment is low

## Bearish sentiment

Short interest | Positive

Short interest is extremely low for STT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STT.

## Money flow

ETF/Index ownership | Negative

ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding STT totaled $2.28 billion. Additionally, the rate of outflows appears to be accelerating.

## Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.

## Credit worthiness

Credit default swap

CDS data is not available for this security.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

Edited Transcript of STT earnings conference call or presentation 18-Jan-19 3:00pm GMT
Tue, 22 Jan 2019 01:13:21 +0000
Q4 2018 State Street Corp Earnings Call

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