State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 12.11% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock dropped below the $70.00 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
Bank stocks could record big gains in the months ahead if Donald Trump gets his way
Sun, 20 Nov 2016 12:46:33 GMT
State Street Global Advisors Announces Changes to Indices of Two SPDR® ETFs
Fri, 18 Nov 2016 14:10:09 GMT
noodls – BOSTON–(BUSINESS WIRE)–State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today announced that the underlying indices tracked by the SPDR Russell …
State Street Global Advisors Announces Changes to Indices of Two SPDR® ETFs
Fri, 18 Nov 2016 14:00:00 GMT
Business Wire – State Street Global Advisors , the asset management business of State Street Corporation , today announced that the underlying indices tracked by the SPDR Russell 1000 Low Volatility ETF and the SPDR Russell 2000 Low Volatility ETF will be changed, as a result of FTSE Russell’s decision to terminate, as of December 16, 2016, the Russell 1000® Low Volatility Index and the Russell 2000 Low Volatility …
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Thu, 17 Nov 2016 09:53:42 GMT
Will Fiscal Stimulus Come From European Governments?
Thu, 17 Nov 2016 09:44:08 GMT
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