Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 7.76% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $90.00 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
Activist Investors Are Welcome Here
Sun, 15 Jun 2014 15:12:07 GMT
Gephardt Says Obama Must ‘Be Careful' With Iraq Decision
Fri, 13 Jun 2014 19:17:00 GMT
Jim Cramer Eyes Iraq and Oil Prices in the Week Ahead
Fri, 13 Jun 2014 15:10:01 GMT
Iraq Turmoil Hits Oil Prices as Uncertainty Mounts
Wed, 11 Jun 2014 15:32:30 GMT
Why Hess Corp. Shares Could Pop Another 20%
Tue, 10 Jun 2014 20:46:03 GMT
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