State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 19.05% 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 $77.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $72.50 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
US SEC approves Eaton Vance's new type of ETFs
Fri, 07 Nov 2014 07:41:29 GMT
Reuters – Securities and Exchange Commission approved investment management firm Eaton Vance Corp's application to launch a new type of exchange-traded fund that does not require it to disclose its holdings. Eaton Vance plans to launch 18 such non-transparent ETFs, called the exchange-traded managed funds (ETMF), which will be listed and traded on an exchange. Eaton Vance said its unit Navigate Fund LLC will offer ETMFs called “NextShares,” a new type of open-ended fund that will list and trade its shares on an exchange at prices directly linked to the fund's next-determined daily net asset value. Eaton Vance filed for an exemptive relief to offer exchange-traded managed funds on March 27, 2013.
Tracker Fund of Hong Kong Celebrates 15 Years as Asia ex-Japan’s First Physical Exchange Traded Fund (ETF)
Tue, 04 Nov 2014 15:52:11 GMT
noodls – Tracker Fund of Hong Kong Celebrates 15 Years as Asia ex-Japan's First Physical Exchange Traded Fund (ETF) State Street Global Advisors expects global Exchange Traded Product (ETP) industry could reach …
State Street Awards More than $1 Million to Education, Workforce Development and Sustainable Employment Programs
Fri, 31 Oct 2014 21:08:39 GMT
noodls – BOSTON – State Street Corporation (NYSE: STT) today announced that in the third quarter of 2014, its Foundation made 22 grants totaling over $1 million dollars to support education, workforce development …
State Street Awards More than $1 Million to Education, Workforce Development and Sustainable Employment Programs
Fri, 31 Oct 2014 15:08:00 GMT
Business Wire – State Street Corporation today announced that in the third quarter of 2014, its Foundation made 22 grants totaling over $1 million dollars to support education, workforce development and sustainable employment programming at nonprofit organizations located in Quincy and Boston.
ETF Boot Camp: Ebner on New State Street ETFs
Fri, 31 Oct 2014 11:15:12 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook