State Street's most recent trend suggests a bearish bias. One trading opportunity on State Street is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 11.86% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock rose above the $72.50 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 45.45 level which suggests that the stock is neither overbought nor oversold at this time.
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
Vanguard leads ETF race after first quarter
Wed, 09 Apr 2014 17:19:34 GMT
Financial Times – Vanguard has established a clear lead over its arch rivals BlackRock and State Street Global Advisors in the race among exchange traded fund managers for investors' cash in 2014. Vanguard's ETF business …
Fed Board Meeting on Tougher Bank Leverage Ratios
Tue, 08 Apr 2014 23:11:39 GMT
ABA's Frank Keating on Leverage Caps for U.S. Banks
Tue, 08 Apr 2014 22:31:59 GMT
Vanguard Trumps BlackRock, State Street To Record Highest ETF Inflows In Q1
Mon, 07 Apr 2014 17:34:00 GMT
State Street CEO Hooley Paid $15.8 Million in 2013
Thu, 03 Apr 2014 21:45:45 GMT
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