State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $77.50 short call and a strike $82.50 long call offers a potential 13.12% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.50 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock rose above the $82.50 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 63.49 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for State Street
State Street Research Predicts Widespread Increase in Risk Appetite Among Pension Funds and Increased Allocations to Alternatives
Tue, 18 Nov 2014 19:36:00 GMT
noodls – LONDON, November 17, 2014 – A new report from State Street Corporation (NYSE:STT), reveals that over the next three years, 77 percent of pension funds expect their appetite for investment risk to increase …
STATE STREET CORP Financials
Tue, 18 Nov 2014 18:04:30 GMT
State Street Sells Hedge Fund Group SSARIS to Management
Tue, 18 Nov 2014 15:10:02 GMT
STATE STREET CORP Files SEC form 8-K, Other Events
Tue, 18 Nov 2014 15:00:33 GMT
State Street Global Advisors Appoints David Saulnier to Chief Risk Officer
Mon, 17 Nov 2014 23:22:25 GMT
noodls – BOSTON – State Street Global Advisors (SSgA), the asset management business of State Street Corporation (NYSE: STT), announced today the appointment of David Saulnier as chief risk officer. Saulnier, …
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