State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 6.16% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $65.00 long put 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 below 20 which suggests that the stock is in oversold 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
STATE STREET CORP Files SEC form 10-Q, Quarterly Report
Wed, 06 Nov 2013 21:42:45 GMT
Hedge Rise in Interest Rates with Selected REITs: A Wall Street Transcript Interview with Thomas S. Mitchell, Senior Analyst at Miller Tabak + Co., LLC
Wed, 06 Nov 2013 21:22:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – November 6, 2013 – The Wall Street Transcript has just published its REITs Report offering a timely review of the sector to serious investors and industry executives. This special …
State Street Wins Best Hedge Fund Administrator and Best Risk Management Technology Provider of the Year Awards
Wed, 06 Nov 2013 16:49:00 GMT
Business Wire – State Street Corporation , announced today that it has been named 2013 Hedge Fund Administrator of the Year and 2013 Risk Management Technology Provider by HFMWeek magazine.
Barclays, Citigroup Among Banks Sued Over WM/Reuters Rates
Fri, 01 Nov 2013 22:31:16 GMT
Bloomberg – Barclays Plc, Citigroup Inc. and five other major banks were sued over allegations they conspired to manipulate WM/Reuters rates used for determining foreign exchange prices.
What to Buy Now as Expected Fed Taper Crushes Most of the mREIT Sector? A Wall Street Transcript Interview with Daniel Furtado, Specialty Finance Industry Equity Analyst at Jefferies & Company, Inc.
Thu, 31 Oct 2013 20:48:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – October 31, 2013 – The Wall Street Transcript has just published its REITs Report offering a timely review of the sector to serious investors and industry executives. This special …
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