Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 8.7% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $87.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hess Corporation 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 Hess Corporation 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 Hess Corporation
Hess Tops List of U.S. Energy Producers in 2014 Green Rankings
Fri, 06 Jun 2014 00:05:00 GMT
Business Wire – Hess Corporation today announced it has been ranked No. 1 among the greenest U.S. energy producers according to the just-released “2014 Newsweek Green Ranking
Hess Tops List of U.S. Energy Companies in 2014 Green Rankings
Thu, 05 Jun 2014 20:45:00 GMT
Hess Announces Regular Quarterly Dividend On Common Stock
Wed, 04 Jun 2014 20:15:00 GMT
Business Wire – The Board of Directors of Hess Corporation today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 30, 2
Hess Hits 52-Week High
Wed, 04 Jun 2014 18:40:08 GMT
Oil Inventories Drop as Summer Driving Season Kicks Into Gear
Wed, 04 Jun 2014 17:49:01 GMT
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