Apache's most recent trend suggests a bullish bias. One trading opportunity on Apache is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 28.21% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apache 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 Apache is bullish.
The RSI indicator is at 55.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
Boeing's Chris Chadwick: ‘We are synonymous with manned space. If that market develops, we’ll be there'
Sat, 01 Nov 2014 17:08:45 GMT
Bitnami Enables Deployment Of Its Application Catalog To Google
Fri, 31 Oct 2014 14:00:00 GMT
FOMC: Not necessarily more “hawkish”, but certainly appeared a bit “less dovish”
Wed, 29 Oct 2014 20:43:00 GMT
Anadarko prime for acquisition?
Wed, 29 Oct 2014 13:30:00 GMT
Apache To Release Third-Quarter 2014 Results Nov. 6
Thu, 23 Oct 2014 12:14:32 GMT
noodls – HOUSTON, Oct. 23, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA), will release its third-quarter 2014 results at 7 a.m. Central time Thursday, Nov. 6, followed by a conference call to discuss …
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