Helmerich & Payne's most recent trend suggests a bearish bias. One trading opportunity on Helmerich & Payne is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 5.26% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Helmerich & Payne 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 Helmerich & Payne is bearish.
The RSI indicator is at 37.3 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Helmerich & Payne
Oil Drillers Like Helmerich & Payne, Nabors Will Continue to Sink
Thu, 08 Jan 2015 17:50:00 GMT
Oilfield Services Stocks May Not Have a Way to Escape Low Crude Prices
Wed, 07 Jan 2015 19:21:56 GMT
Helmerich & Payne shares fall as company says low oil price is hurting
Wed, 07 Jan 2015 18:29:03 GMT
Helmerich & Payne: An ‘Ugly Update'
Wed, 07 Jan 2015 17:39:00 GMT
Driller Helmerich says rig prices down 10 percent
Wed, 07 Jan 2015 15:54:36 GMT
Reuters – U.S. onshore drilling contractor Helmerich & Payne on Wednesday said rates for its high-tech rigs have tumbled 10 percent from the previous quarter and more softness is expected due to falling crude oil …
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