EOG Resources (EOG) Offering Possible 28.87% Return Over the Next 31 Calendar Days

EOG Resources's most recent trend suggests a bullish bias. One trading opportunity on EOG Resources is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 28.87% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $3.88 would be incurred if the stock dropped below the $90.00 long put strike price.

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

The RSI indicator is at 61.24 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for EOG Resources

EOG Resources Poised to Rise Despite Falling Oil Prices
Fri, 14 Nov 2014 11:00:00 GMT

An important take on Southwestern Energy’s debt ratios
Thu, 13 Nov 2014 13:00:24 GMT

Frack Design finalised for Jack Howe Well
Wed, 12 Nov 2014 23:00:23 GMT
noodls – Thursday 13 November 2014 Frack Design finalised for Jack Howe #1H Lateral  The Company completed the post-well analysis of the Jack Howe #1H lateral and finalised the design of the multi-stage hydraulic …

Why Southwestern Energy’s cash flow from investing signals growth
Tue, 11 Nov 2014 21:00:28 GMT

EOG RESOURCES INC Financials
Tue, 11 Nov 2014 18:04:17 GMT

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