State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 5.49% return on risk over the next 29 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 $0.26 would be kept by the premium seller. The risk of $4.74 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 State Street 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 State Street is bearish.
The RSI indicator is at 22.34 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 State Street
State Street Provides Clients Record Access to Cleared Repo Financing
Thu, 15 Aug 2019 15:19:00 +0000
State Street Corporation , today announced that it has sponsored a record $140 billion in repo investment volumes as a result of its partnership with the Fixed Income Clearing Corporation .
Governance, Reimagined: A Look Inside the Digitized Boardroom
Tue, 13 Aug 2019 17:51:06 +0000
Every board member plays a role in corporate governance – from IT leaders to corporate secretaries and directors. Learn how you can pave the way toward better governance and discover what a digitized board means for organizations. Download the guide from Nasdaq, Inc.
Yacktman Funds' 2nd-Quarter Shareholder Letter
Thu, 08 Aug 2019 20:39:06 +0000
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Yacktman Fund Comments on State Street
Thu, 08 Aug 2019 20:36:45 +0000
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Grab State Street Corporation (NYSE:STT) Today With A Solid 4.0% Dividend Yield
Thu, 08 Aug 2019 14:46:27 +0000
Over the past 10 years State Street Corporation (NYSE:STT) has grown its dividend payouts from $0.96 to $2.08. With a…
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